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Iran US

Iran-US trade at $10 million in January 2024

The US Bureau of Statistics in its latest report pointed to a 240% growth in the trade exchanges between Iran and the United States in January 2024.

Trade

Iran-US trade exceeds $50 million in 11 months

The value of trade between Iran and the U.S. stood at $50.5 million in the first 11 months of 2023, registering a 12 percent rise compared to the previous year’s same period, Tasnim news agency reported citing the latest statistics released by the American Statistical Association (ASA).

Trade

Qatar adheres banking commitments to Iran: Central Bank governor

Governor of Qatar Central Bank Sheikh Bandar bin Mohammed bin Saoud Al-Thani has voiced his country’s adherence to banking commitments to Iran.

Iran Economy

Iran rejects lack of access to unfrozen funds in Qatar

Iran has rejected a report that says the country had been barred from accessing its $6 billion funds recently unfrozen and transferred to Qatari banks.

Financial Markets

Iran receives $43 mln in damages from US government

Iran says it has received $43 million in damages from the United States under Case No. A15 of the Iran-United States Claims Tribunal.

Iran Economy

Iranian unfrozen funds wired to Qatari banks: Reuters

Iran and the United States have been informed that $6 billion in frozen Iranian funds were transferred to accounts in Qatar, Reuters said on Monday citing an informed source said.

Iran Economy

Iran-US trade exchanges hit $31 million in January-July

Iran and the United States have exchanged more than $31 million worth of non-oil commodities in the first seven months of 2023, according to a report by the US Bureau of Statistics cited by Tasnim news agency.

Trade

Frozen Iranian assets transferred to Swiss central bank - Reuters

Iranian assets that had been frozen in South Korea were transferred to Switzerland’s central bank last week for exchange and transfer to Iran, according to a Monday report by Reuters which cited South Korean media.

Iran Economy

Report reveals more details of unblocking Iranian funds in South Korea

The process to unblock Iran’s funds in South Korea that have started under an emerging prisoner swap deal between Iran and the US would take at least four weeks, according to a report published by a local Iranian news agency.

Iran Economy

Iran wins release of over $10bn worth of blocked funds: Source

A source has revealed that Iran has finally gained access to more than $10 billion worth of its funds that were illegally frozen in bank accounts in South Korea and Iraq because of alleged compliance with US sanctions.

Financial Markets

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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