Tag Archives | Tehran Chamber of Commerce

Tehran Chamber of Commerce opens London Office

An office of the Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) has been opened in London to attract foreign investment in the Islamic Republic. Speaking at the inauguration of the office, the head of the TCCIMA, Masoud Khansari, said following the 2015 nuclear deal between Tehran and six world powers, also known as […]

Iran Expects Six-Fold Rise in Foreign Investments

A member of Tehran Chamber of Commerce said the number of foreign direct investment projects in Iran is expected to increase six-fold by next March. Foreign investments in Iran for each Persian calendar year (starting 21 March) stood at about $2 billion, Feriyal Mostofi said. He added that once contracts between Iranian and foreign firms […]

Iranian Merchants Still Facing Barriers to SWIFT

A member of Iran’s Chamber of Commerce complained about the lack of practical influence of the country’s reconnection to SWIFT, saying his company has still difficulty in using the financial telecommunication service for trade with the foreigners. Speaking to the Tasnim News Agency, Majid Movafeq Qadiri (pictured) said his company could not still open letters […]

SWIFT Banking System ‘Operational’ in Iran

The Managing Director of the Bank of Industry and Mines has denied reports that SWIFT international banking system has not been restored in Iran. Ali Ashraf Afkhami (pictured) told the Tehran Chamber of Commerce that the money transfer became operational 10 days ago, according to a report from IRNA. He acknowledged that there had been […]