Iran Luxembourg

Luxembourg releases $1.7 billion of Iran’s assets

A sum of $1.7 billion of Iranian assets were released in Luxembourg following a ruling issued by the European country’s Supreme Court.

Financial Markets

Luxembourg court officially rejects US long-running request to seize Iran’s $1.6 billion

A top court in Luxembourg has officially blocked a long-running request by the US administration to seize $1.6 billion worth of Iranian cash assets.

Macro Economy

Luxembourg lifts freeze on Iran’s $1.6 billion: CBI governor

Central Bank of Iran (CBI) governor says Luxembourg has unfrozen 1.6 billion dollars of Iran’s assets despite an attempt by the US to get the funds as compensation.

Macro Economy

Iran welcomes Luxembourg court decision on US seizure of Iranian assets

Seven years ago, a New York court found there was evidence showing that Iran provided “material support and resources to al Qaeda for acts of terrorism” in 11 September attacks. Now, a Luxembourg court says the verdict to claim seized Iranian assets in this European country is not valid. Tehran has hailed decision.

Financial Markets

Iran’s private sector explores ties with Belgium, Luxembourg

A 35-member delegation from Iran Chamber of Commerce, Industries, Mines and Agriculture led by the chambers chief, Gholamhossein Shafei, have wrapped up a visit to Belgium and Luxembourg to discuss expansion of economic cooperation.

Iran Chamber

Iran, Luxembourg to remove visa hurdles for travelers: Iralux

Tehran and Luxembourg plan to take measures to facilitate the issuance of visas for the two countries’ travelers.

Joint Chambers

Luxembourg eager to invest in Iran

Luxembourg’s Deputy Prime Minister Etienne Schneider, who was in Tehran with a big business delegation, expressed the European country’s willingness to invest in Iran, which he described as a gateway to the Asian markets.

Trade

Luxembourg economy minister in Iran for business talks

Luxembourgs Economy Minister Etienne Schneider arrived in Tehran early on Monday to hold talks with senior Iranian officials.

Trade

Featured

Supreme Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei has appreciated the significant growth of Iranian private sector producers.

Supreme Leader hails growth of Iranian private sector

A senior official with the Ministry of Industry, Mine and Trade (MIMT) says private sector production accounts for some 23% of Iran’s total auto output.

Private sector responsible for 23% of Iran’s auto output

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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