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Iran Russia

Russia private sector says trade with Iran grew to $4.9 billion in 2022

President of Russia’s Chamber of Commerce and Industry (TPPRF) says bilateral trade with Iran rose by a fifth last year.

Trade

Iran’s exports to Russia up 30% YOY

Iran’s exports to Russia has posted a 30% year-on-year growth in the past Iranian calendar year to March 20, according to a senior official with the Trade Promotion Organization of Iran (TPO), ISNA news agency reported.

Trade

Iran, Russia to Draft Contract for Constructing Rasht-Astara Railroad

Iran and Russia will prepare a general contract on the construction of Rasht-Astara railroad in Iran in the coming months, which is part of the International North-South Transportation Corridor, Russian Transport Minister Vitaly Savelyev told reporters.

Transportation

Chinese company to build Iran-Russia road for new energy facilities

Shenzhen-listed Jilin Jinguan Electric Co Ltd signed a memorandum of understanding (MoU) to build a road between Iran and Russia for the construction of new energy facilities, it said on Wednesday, Reuters reported.

Transportation

Iran, Russia central banks call for using national currencies

The governors of the central banks of Iran and the Russia emphasized strengthening trade exchanges and using their national currencies in bilateral trade.

Financial Markets

Iran private sector urges Tehran, Moscow to expand bilateral transportation

President of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) Gholam Hossein Shafei said that Iran and Russia have to expand their transportation infrastructures along with enhancement of bilateral trade.

Iran Chamber

Mordovia senior official, Iran Chamber of Commerce chief discuss cooperation

President of Iran Chamber of Commerce Gholam Hossein Shafei and Deputy Head of the Government of the Republic of Mordovia Hayrullin Insaf Rashitovich, have explored ways for further enhancement of ties.

Iran Chamber

“Iran-Russia $40 billion target trade within reach”

President of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) said that Iran and Russia have targeted an annual trade of $40 billion which he believed is achievable considering the potentials of both countries.

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 Chamber of Commerce to open office in Russia soon

President of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) Gholam Hossein Shafei said on Thursday that the ICCIMA plans to open a trade office in Russia by the end of 2023.

Iran Chamber

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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