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Iran Russia

Russia, Netherlands eager to join Europe’s INSTEX

High-level Russian and Dutch officials have said that their countries are very keen on maintaining trade with Iran through the INSTEX mechanism.

Trade

Iranian parliament to debate Eurasian Economic Union FTA ‘in coming days’

The parliament speaker has promised to put a government bill on joining a Free Trade Zone with the Eurasian Economic Union to the floor’s debate in a bid to ratify the agreement before 17 June.

Trade

Iran private sector calls for chain store quotas for Russian, Iranian goods

Iran Chamber of Commerce says the idea is aimed at helping boost the bilateral trade agreement between Tehran and Moscow that has fallen drastically to $1bn after the US withdrawal from the Iran nuclear deal.

Trade

Iran-Eurasian Economic Union FTA inches closer to final approval

Since the ratification of Iran’s accession to a free trade zone with the Eurasian Economic Union in May 2017, the Iranian government prepared a bill to be debated by parliament about the zone’s creation. Now, the bill is moving closer to be finally ratified by the end of the current Persian year (21 March).

Trade

Iran exports to Russia up 36% in 2018

Tehran has been eyeing a bigger share of the Russian market by increasing its exports to the country which has led to a hike in their bilateral trade.

Trade

Russia to join INSTEX as ruble replaces dollar in Tehran-Moscow trade

The special purpose channel was launched late January as part of the European Union efforts to help Iran enjoy the economic dividends of the nuclear deal that’s been jeoperdised by the US walkout last May.

Trade

India, Russia agree to fast-track goods transit via Iran

India is eyeing a bigger role in Eurasia and Afghanistan and is looking at Iran to further increase its influence. Iran is the main route of the Interantional North South Transport Corridor (INSTC) that can help New Delhi achieve its goal.

Transportation

Russia Power Machines Co. to finance Iran power plant project

The agreement comes in the face of renewed US sanctions on Iran that have targetted vital oil and and banking sectors.

Energy

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

Russian Chamber of Commerce president meets Iranian counterpart

Russian Chamber of Commerce President Sergei Katyrin discussed mutual trade with Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) President Gholam Hossein Shafei.

Photo Gallery

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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