The Irano-British Chamber of Commerce, Industries & Mines was first established on 1978 in Tehran. It was then called “Irano-British Chamber of Commerce. Not long after, along with Iranian Islamic Revolution and all of the basic changes, the chamber of commerce was ignored and totally forgotten. In other words, and as a result, the Irano-British Chamber of Commerce was abandoned. Although, the already founded Chamber never dissolved but it was practically.

Suspended, This long 20 years of gloomy period, actually shadowed the relations the relations between Iran and the United Kingdom.

In late 1988, as both Iranian and British, following the renewal of the new activities around the Chamber of Commerce, Industries and Mines, Lord Waverly the chairman of the Chamber along with a number of British high economists and dignitaries paid an official visit to Iran , and met with Iranian President and other board members of the Iran Chamber of Commerce industries and mines to vitalize the old economic and trade relations, between the two countries, they discussed in detail a number of crucial economic topics with Mr. A.N. Khamooushi President of Iran Chamber of Commerce industries and mines and other board members following all negotiations, a good number of Iranian economics and merchants got together in Iran Chamber and founded the “Irano-British Chamber of Commerce” which was legally approved under amendment Article five of Iran Chamber of Commerce industries and mines.