Rouhani communicates Iran-Hungary cooperation agreement

President Hassan Rouhani on Saturday communicated the law on Iran-Hungary cooperation agreement for implementation by Finance Ministry. The law was approved by Majlis on November 15 and was endorsed by the Guardian Council one month later. The agreement consists one sole article, one Note and nine articles. As per the…

Iran poised to make billions off country’s vast mineral wealth

Iran is poised to become one of the richest countries in the world — and its potential for profit goes far beyond oil. After years of economic sanctions and international isolation, the Islamic Republic stands to make an estimated $700 billion off its vast deposits of minerals — such as…

Iran, Italian insurer SACE sign 6b euro MoU: CBI governor

Governor of the Central Bank of Iran Valiollah Seif in a meeting with his Italian counterpart Ignazio Visco in Rome on Wednesday said that facilitation of banking agent interaction between the two countries led to signing MoU on increasing insurance coverage of SACE to more than 6 billion euros to…

Iran Khodro, Peugeot of France sign a deal

Iran Khodro car maker from Iran and Peugeot of France signed a deal on Thursday to broaden mutual cooperation on automobile industry in Iran. During the current visit of the Iranian President Hassan Rouhani and his entourage to France, the two sides held various round of talks on signing a…

Iran, Italy sign 14 multi-billion euro cooperation agreements

Iran and Italy signed 14 contracts, MoUs, and agreements worth billions of euros on Monday during the state visit of President Hassan Rouhani to Rome. President Rouhani and Italian Prime Minister Matteo Renzi were overseeing the signing ceremony of the bilateral cooperation documents by ministers and other high-ranking officials of…

Peugeot likely to finalize Iran deal Wednesday

Iran Khodro and Peugeot will likely finalize an initial deal for €500 million in joint investment in Iran during President Hassan Rouhani’s visit to France on Wednesday, a report said. Under the 50-50 joint venture, the two carmakers will produce Peugeot 2008 crossover, 208 super and 301 compact, Tasnim News…