international trade

With financial channels stifled, Iranian citizens pay sanctions price

The US unilaterally walked out of the Iran nuclear deal and reimposed sanctions that target the oil and banking sectors. Washington says humanitarian goods, such as food, are exempt from the measures. But, the situation on the ground shows the otherwise. Ordinary Iranians are being affected the most.

Trade

Iran-EU trade rises by more than 6% to hit €16.5bn in Jan-Oct 2018

Figures released by the European Union statistical office show the trade volume between Iran and the 28 European states rose 6.66% before Donald Trump withdrew the US from the 2015 nuclear deal and reimposed sanctions on the country.

Trade

Iran, Oman launch fourth direct shipping line

The two countries on either side of the strategic Strait of Hormuz enjoy long-standign political, military and commercial cooperation. Tehran and Muscat have been recently pushing for more bilateral trade.

Transportation

Iran, Russia-led bloc move toward free trade

Following the US abandoning of the 2015 nuclead deal and revival of economic sanctions, Tehran has been seen eager to look East and expand ties with other regional powers like Russia, China and India.

Trade

Asia needs to be unified under new world economic order: Iran Chamber VP

Asia has been moving in the direction of taking over Western economies led by its rising dragon, China, as well as India. Vice president of Iran Chamber of Commerce, Pedram Soltani, says with power and wealth all coming Asias way, its private sector and civil societies must mark the continents future path.

Iran Chamber

Featured

Iranian President Masoud Pezeshkian presented a budget of $98.5 billion for the country’s next fiscal year to the Parliament on Tuesday.

Iran president presents next year budget bill to parliament

The volume of trade between Iran and the Eurasian Economic Union (EAEU) has increased by 2.5 times since four years ago when the two sides engaged in a preferential trade agreement (PTA).

Iran’s trade with EAEU countries grows by 2.5 times in 4 years

Iran Chamber of Commerce, Industries, Mines and Agriculture

Established in 1884, Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) is a non-profit and non-governmental institution which aims at facilitating economic growth and development in the country. Iran Chamber tries to further coordinate the activities of the private sector. As an economic forum, representatives from both the government and the private sector attend Iran Chamber's sessions. Meanwhile the institution acts as an advisory body to the government, parliament and judiciary.

Brought to you by LOTUSCODE.IR