The chambers of commerce of Iran’s Isfahan and Khorramshahr and Iraq’s Basra have signed a trilateral memorandum of understanding aimed at expanding trade and investment cooperation, the Isfahan Chamber of Commerce said. The agreement was signed during a joint meeting of business representatives from Isfahan and Basra, attended by the heads of the Isfahan and...

Trade between Iran and Italy could rise to around $15 billion from less than $1 billion if normal economic relations are restored, the head of the Iran-Italy Joint Chamber of Commerce said, blaming sanctions and international restrictions for the sharp decline. Ahmad Pourfallah said Iran and Italy had traded about $8 billion worth of goods...

Iran and Germany should work to strengthen private-sector ties and expand trade and technology cooperation, Iran Chamber of Commerce President Samad Hassanzadeh said on Wednesday. Speaking at a meeting with Germany’s Ambassador to Tehran Axel Dittmann, Hassanzadeh said the Iran Chamber was working with bilateral chambers to expand the country’s international economic relations, particularly in...

Iran and Bangladesh should expand economic and trade cooperation by identifying new areas of business and creating greater opportunities for private-sector companies to enter each other’s markets, Iran Chamber of Commerce Vice President Hossein Pirmoazzen said. Pirmoazzen made the remarks during a meeting with Rabeya Sultana, commercial counsellor at the Bangladeshi Embassy in Tehran, at...

Iran-Russia trade has grown by around 20% to 25% over the past year, highlighting significant potential for further expansion if banking, transport and other trade mechanisms are improved, the head of the Iran-Russia Joint Chamber of Commerce said. Hadi Tizhoosh Taban said the increase had come despite existing logistical and infrastructure constraints, adding that stronger...