ECONOMY

The head of Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) said that the government and private sector should create a fruitful and effective cooperation to tackle the sanctions that have made limitations for the country’s economy.
Masoud Khansari made the remarks during a ceremony on Sunday to honor 15 exemplary economic units of Tehran Province in terms of complying with standards, TCCIMA portal published.
The ceremony was attended by a number of officials including the head of Institute of Standards and Industrial Research of Iran, Standards Department of Tehran Province, and the governor general of Tehran.
TCCIMA head further lamented the government’s approach toward the private sector and said while the sanctions have impeded trade for Iran, internal limitations and problems are another factor harming domestic economy; the problem is that the government sees no need to receive the viewpoints of the private sector.
“Iran’s economy is in need of flourishing production with the main focus on export-bound products. Boosting exports to neighbors are on agenda and it is something seriously in need of removing export limitations, and removing these limitations requires a good cooperation between government and private sector. In this way the sanctions can be turned into opportunity”, Khansari stressed.
Trade Promotion Organization of Iran (TPO) plans to dispatch a trade and marketing delegation to Russia during February 9-13, 2020, TPO portal published.
During a meeting between the head of Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIM) and Armenian ambassador to Iran the two sides emphasized the need to preserve and expand trade relations between Iran and Armenia under a trade agreement between Iran and Eurasian Economic Union (EAEU).
Nearly a year after National Iranian Oil Company (NIOC), for the first time, decided to offer crude oil and gas condensate at Iran Energy Exchange (IRENEX) as a new strategy to relief the pressures of the U.S. sanction, unfortunately no more than two million barrels have been sold.
Setting up Iran-EAEU trade office in Yerevan is a serious measure for broadening trade ties between Iran and Eurasian Economic Union (EAEU), the president of Armenia Chamber of Commerce and Industry said on Wednesday.
A 23-member trade delegation from Russia’s Samara City is going to visit Tehran on December 11 to attend a business forum hosted by Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA).
Italian Ambassador to Iran Giuseppe Perrone, in a meeting with Chairman of Tehran’s Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) Masoud Khansari, said that his country’s firms and companies are enthusiastic to have a bigger share of the market in Iran.