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Iran Europe

EU adopts €8 million support package for Iran private sector

The European Commission has adopted a first package of €18 million for projects in support of sustainable economic and social development in the Islamic Republic of Iran, including €8 million assistance to the private sector.

Trade

EU regrets return of US sanctions on Iran

The EU said Monday it deeply regretted the US reimposition of sanctions on Iran after President Donald Trump pulled out of the 2015 nuclear pact, and vowed immediate steps to protect European companies.

Trade

US addicted to sanctions, but Iran can weather them: Zarif

Iran’s Foreign Minister Mohammad Javad Zarif says the United States is addicted to sanctions, but the Iranians can pass through the current "critical" stage with national unity.

Iran Chamber

From EU we expect action, more than words: Zarif

Iran FM Zarif says the country needs to see the measures in place on the ground, not simply in writing, not simply in words

Trade

EU allocates 80 bln USD fund for businesses with Iran: official

The European Union has established an 80-billion-U.S. dollar fund to give credit to small and medium enterprises doing business with Iran, an Iranian official said on Wednesday.

Financial Markets

EU to shield firms working in Iran: Mogherini

EU countries on Monday gave European firms legal cover to operate in Iran despite the US pullout from the nuclear deal, after a report that the US administration has rejected calls by Brussels for an exemption from sanctions.

Trade

EU3 to open dollarless trade with Iran: Russia

Russia’s Foreign Minister Sergei Lavrov says the three major European signatories to a landmark nuclear deal with Iran agreed to establish trade ties with Iran independent of the US dollar.

Financial Markets

Financial transactions, key to Iran-Europe business: ICCIMA president

In a meeting with Swiss Chamber of Economy president in Bern, ICCIMA president discussed US withdrawal from the JCPOA and its effects on the economic relations and financial transactions between Iran and Europe and developing mutual cooperation between Iranian and European small and middle-sized companies.

Iran Chamber

Iran, Switzerland resolved to continue trade ties: Rouhani

Iranian President Hassan Rouhani has lashed out at American officials for threatening to stop Irans oil exports, saying they would never be able to carry out such a threat. He further said that Iran and Switzerland resolved to continue trade ties.

Trade

Iran exports to EU up 5% in Q1 2018

Irans exports to the European Union during the first three months of 2018 stood at more than €2.91 billion, indicating a 5% rise compared with the corresponding period of the year before.

Trade

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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