Iran-Singapore Commercial Committee was officially established on Wednesday, the deputy head of Iran Chamber of Commerce, Industries, Mines and Agriculture for international affairs said.
“Our plan for ICCIMA's International Department is to expand activities and attract enough members over the next six months for the committee to turn into an Iran-Singapore chamber of commerce,” Mohammad Reza Karbasi was also quoted as saying by ICCIMA's news portal.
Based on the latest report by Trade Promotion Organization, Iran exported close to $40 million worth of commodities to Singapore during the first 10 months of the current Iranian year (March 21, 2018-Jan. 20), and imported goods worth $762 million in return.
The new caretaker of the Ministry of Industries, Mining and Trade Hossein Modarres Khiyabani has banned senior officials of the ministry from signing new agreements or contracts, issuing new directives or revoking old ones and changing labor force status until further notice.
Head of the Export Promotion Committee of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) says Iran has the capacity to increase its annual non-oil exports to $100 billion, ILNA reported.
While Iran’s borders are being reopened, the county’s trade with its neighbors is being resumed as well.
Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) Board Member Keyvan Kashefi says the economic damages caused by the coronavirus outbreak to the country’s non-oil exports can be compensated if the government facilitates exports after the virus is contained, ICCIMA portal reported.
Head of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) says the country’s chambers of commerce have provided 1.63 trillion rials (about $38.8 million) to help containing the coronavirus, IRNA reported.
Fortuna Silver Mines (NYSE: FSM, TSX: FVI) announced Monday it has arranged a bought deal financing with a syndicate of underwriters led by Scotiabank and BMO Capital Markets to purchase 20 million common shares at $3.00 per share for aggregate gross proceeds of $60 million.