Organization of Islamic Cooperation (OIC)

Iran seeking to enter into payment arrangements with OIC countries

Iran is seeking to set up independent payment systems with Muslim countries to avoid sanctions that hamper regional and international trade.

Financial Markets

CBI chief leaves for Istanbul to attend 6th OIC central banks conference

Governor of the Central Bank of Iran (CBI) Mohammadreza Farzin left Tehran for Istanbul at the head of a high-ranking delegation late on Sunday to participate in the 6th International Conference of the Central Banks of the Organization of the Islamic Cooperation (OIC).

Financial Markets

Iran’s five-month trade with OIC states hits $26.7 billion

The head of the Islamic Republic of Iran Customs Administration (IRICA) announced that Iran’s trade with the 56 member states of the Organization of Islamic Cooperation (OIC) reached $26.7 billion in the first five months of the current Iranian calendar year (starting March 20).

Trade

Iran’s trade with OIC states hits $61 billion in one year

Iran’s trade with member states of the Organization of Islamic Cooperation (OIC) reached $61 billion, last year (beginning on March 21, 2023), the head of the Islamic Republic of Iran Customs Administration (IRICA) has announced.

Trade

“Regular ICCIA meetings to help expand trade exchanges among Islamic countries”

President of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) Hossein Selahvarzi says holding regular meetings of the Islamic Chamber of Commerce, Industry and Agriculture (ICCIA) will give a boost to trade exchanges between Islamic countries.

Iran Chamber

Egypt urged to ease visa requirements for Iranian businesspeople

President of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) Hossein Selahvarzi has underscored the need for Egypt to ease visa requirements for Iranian Businesspeople.

Iran Chamber

Iran Chamber of Commerce president renews call for launching Islamic common market

President of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) Hossein Selahvarzi has once again underlined the urgency of launching an Islamic common market.

Iran Chamber

Iran private sector calls for forming joint Islamic market in 10 years

President of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) has urged the need for forming a joint Islamic market by the Organization of Islamic Cooperation (OIC) member states within ten years.

Iran Chamber

Iran’s annual trade with OIC members hits nearly $60 billion

Iran’s trade with member states of the Organization of Islamic Cooperation, excluding crude oil exports, reached 97.33 million tons worth $59.73 billion in the fiscal 2022-23 (ended March 20).

Trade

Iran’s Q1-3 trade with OIC states hit $39.7 billion

Iran’s trade with member states of the Organization of Islamic Cooperation, excluding crude oil exports from the country, stood at 61.99 million tons worth $39.72 billion during the first three quarters of the current Iranian year (March 21-Dec. 21, 2022).

Trade

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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