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US sanctions

US failed to shrink Iran oil exports to zero: Rouhani

Iran’s president says despite the economic war launched by the administration of US President Donald Trump against Tehran, Washington has failed in its efforts to shrink the Islamic Republic’s oil exports to zero.

Energy

Iran economy could rebound to 4.4% growth if US sanctions lifted: IIF

Iran’s economy could grow 4.4% next year if U.S. President-elect Joe Biden lifts sanctions that have contributed to a deep three-year recession, although the COVID-19 crisis could limit foreign investment, the Institute of International Finance (IIF) said.

Macro Economy

Sanctions hamper anti-virus fight in developing countries: Iran

Iran’s permanent representative to Vienna-based international organizations has expressed concern about the effects of unilateral sanctions on developing countries’ fight against the coronavirus outbreak, underlining the need for a coordinated global response to the pandemic.

Society Economy

US grants Iraq 45-day sanctions waiver allowing import of Iran gas before Joe Biden takes office

The US has granted Iraq a shortened 45-day sanctions waiver to import Iranian gas that will expire days before Donald Trump’s term ends.

Energy

Iran needs to reap economic benefits of JCPOA: Borrell

The European Union foreign policy chief, Joseph Borrell, says Iran should reap the economic benefits of the 2015 nuclear deal in exchange for restrictions on its nuclear work.

Macro Economy

Iran oil minister’s Twitter page suspended amid US sanctions

Twitter has suspended Iranian Petroleum Minister Bijan Zanganeh’s page, acting on the United States’ sanctions targeting Iran’s oil industry, which the Islamic Republic says have proven futile in preventing its crude sales.

Society Economy

US announces new sanctions against Iran, targets Oil Minister Zangeneh

The administration of US President Donald Trump has imposed a fresh round of sanctions on a number of Iranian individuals and entities affiliated with the Islamic Republic’s oil sector, including Minister of Oil Bijan Zangeneh.

Energy

Iran sanctions won’t hit Chabahar, US reassures India

An Indian newspaper says the United States has offered fresh assurances to India that its involvement in the Iranian port of Chabahar would not be affected by Washington’s sanctions on Iran.

Transportation

Germany reiterates full JCPOA commitment, regrets US withdrawal

Germany has reiterated its full commitment to a multilateral nuclear agreement signed between Iran and major world powers in 2015, saying the United States’ move to pull out of the agreement is "regrettable."

Macro Economy

Iran will parlay sanctions into instruments of strengthening economy: Leader

Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei has called US efforts and sanctions against Iran as manifestation of atrocity and "truly criminal," but said the Islamic Republic will continue to resist until it brings as much disgrace upon Washington as is possible.

Society Economy

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.

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