• Envoy: Belgium joined INSTEX

    Envoy: Belgium joined INSTEX

    In a meeting with Masoud Khansari, chairperson of Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) Veronica Patty, Belgian ambassador to Iran noted that her country has been goined to INSTEX , approved by the Parliament through a draft sent by thr Belgian government, TCCIMA's public relation reported.

  • EU Banks to Join INSTEX

    EU Banks to Join INSTEX

    The new head of INSTEX, Michael Bock, who was in Tehran this week, says some small European bank are willing to join the barter trade mechanism.

  • Imports shrink 7% in five months

    Imports shrink 7% in five months

    TEHRAN, Sep. 17 (MNA) – Chairman of Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) Masoud Khansari said on Tue. that imports of products dropped seven percent in the country in the first five months of the current year (March 21 – August 21) as compared to the same period last year.

  • Iran, Turkey investigating trade via national currencies: CBI gov.

    Iran, Turkey investigating trade via national currencies: CBI gov.

    TEHRAN, Sep. 16 (MNA) – Governor of the Central Bank of Iran (CBI) said on Monday that during the meeting held between Presidents of Iran and Turkey on the same day in Ankara, the two sides focused on expansion of trade and banking ties besides doing monetary transactions via Rial or Lira.

  • INSTEX chairman visiting Iran

    INSTEX chairman visiting Iran

    TEHRAN - Chairman of INSTEX Michael Erhard Bock, who is visiting Tehran to discuss the implementation of the instrument with senior Iranian officials, met with the Head of German-Iranian Chamber of Commerce (AHK Iran) Dagmar von Bohnstein on Monday.

News

Iran-EU Trade Tumbles 75%
Trade between Iran and European Union member states during the first seven months of 2019 stood at €3.01 billion to show a 75.89% plunge compared with last year’s corresponding per...
Banks in Iran, Russia Connected via Non-SWIFT Financial Messaging Service
Governor of the Central Bank of Iran says Iran and Russia have connected their financial messaging services to handle two-way banking transactions.
Iran Seventh Biggest Global Exporter of Textile Floorings
Iran was the world's seventh biggest exporter of textile floorings in 2017, says director general of the Ministry of Industries, Mining and Trade's Textile and Clothing Department,...
Iran-Turkey trade possible to reach $30b despite U.S. sanctions
TEHRAN- During the 27th meeting of Iran-Turkey Joint Economic Committee, which was held in Ankara from September 16 to 18, the two sides investigated different ways of reaching the...

Business Delegation

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International Exhibition

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Decreasing Inflation

During two recent years, the inflation rate in Iran has constantly been decreasing and in 2016 it change to one digit rate.

GDP Growth

After some years which the growth rate was negative or tiny, the current year is a hopeful one. As the international economic institutes predicted, the average growth of GDP of Iran will be around 5 percent.

Strategic location

Straddling the Persian Gulf and the Caspian Sea, Iran connects Central Asia to the open sea and West Asia to the Middle East, offering a unique and valuable location.

Advice and regulations

Foreign Investment Promotion and Protection Act (FIPPA)

Chapter One

Definitions

Article 1. The terms and expressions used in

FIPPA shall have the following meanings:

FIPPA: The Foreign Investment Promotion and Protection Act. Foreign Investor: Non-Iranian natural and/or juridical persons or Iranians using capital with foreign origin, who have obtained the Investment License referred to in Article (6). Foreign Capital: Various types of capital, whether in cash and/or non-cash (in kind), imported into the Country by the Foreign Investor, and comprising the following: a) Cash funds in the form of convertible currency, imported into the Country through the banking system or other methods of transfer acceptable to the Central Bank of the Islamic Republic of Iran; b) Machinery and equipments; c) Tools and spares, CKD parts and raw, addable and auxiliary materials; d) Patent rights, technical know-how, trade marks and names, and specialized services; e) Transferable dividends of foreign investors; f) Other permissible items approved by the Council of Ministers. Foreign Investment: Utilization of Foreign Capital in a new or existing economic enterprise after obtaining the Investment License. Investment License: The license issued for each Foreign Investment in accordance with Article 6 of FIPPA.


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hesen Delegation in Tehran Chamber of Commerce

Hessen Delegation in Tehran Chamber of Commerce
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Bavaria Delegation in Tehran Chamber of Commerce

Bavaria Delegation in Tehran Chamber of Commerce

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