Report: Iran, Russia kick off project to construct power plant

Project underway to construct thermal power plant in Iran’s Bandar Abbas A new report says Iran and Russia have launched a project to construct a thermal power plant in southern part of the Islamic Republic. According to the Russian website, Sputnik the project was launched in the southern city of Bandar…

‘Iran reliable trading partner for Europe’

Iran’s Foreign Minister Mohammad-Javad Zarif says the country will always be a reliable trading partner for all European countries, specifically Germany. Iran says it will always be a reliable trading partner for all European countries, specifically Germany.   Mohammad-Javad Zarif, Iran’s foreign minister, told a forum on Iran’s investment opportunities…

Iran to spend $3 billion on renewable energy power plants: Minister

Iran to invest three billion dollars on constructing renewable energy power plants, says Energy Minister Hamid Chitchian. “Iran intends to launch a large-scale project to construct renewable energy power plants over the sixth Five-Year Development Plan to generate five thousand megawatts of energy in the country,” Chtchian said on Saturday…

Iran, Serbia for cementing economic co-op, boosting trade volume

Iran’s ambassador to Serbia and the Chairman of Serbian Chamber of Commerce and Industry in a meeting called for reinforcing economic cooperation and increasing trade volume between Iran and Serbia. Speaking in a meeting with Marko Čadež on Friday, Iranian Ambassador Hossein Abdollahi pointed to holding the 15th Joint Economic…

Romania eager to expand trade with Iran

A delegation from Romanian Province of Bacau met with Iran’s Ambassador to Bucharest, Hamid Moayer, on Thursday and voiced interest to promote trade with Iran. In the meeting, President of the Bacau County Board, Sorin Brasoveanu, and Head of provincial Chamber of Commerce, Douro Simovic, as well as a group…

Iran oil minister: US companies face no ban for entering our industry

Iran oil minister: US companies face no ban for entering our industry Tue Jan 31, 2017 1:27PM Home Iran Energy Iranian Oil Minister Bijan Zanganeh Iran says there is no ban on American companies working in the country’s oil industry. Iranian Oil Minister Bijan Zanganeh told ILNA news agency that…

JCPOA encouraged Iran-Czech Republic cooperation expansion

Head of Czech Industries Confederation Yaroslav Hanak said on Monday that the Joint Comprehensive Plan of Action (JCPOA) paved the way for promotion of Tehran-Prague cooperation. Hanak made the remarks during Iran-Czech Trade Conference session in Prague on Monday, attended by 130 business people. The official noted that mutual cooperation…

Iran, Czech to launch business cooperation

Representatives of 100 Czech companies and their Iranian counterparts in Prague on Monday held face to face talks for business cooperation. During the meetings, Iranian and Czech businessmen explored avenues for promoting cooperation in the fields of industry, mines, energy, tourism, agriculture, investment, and banking. The 30-member Iranian delegation, comprising…

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…

Shipping sanctions failed with bitumen exports

Shipping sanctions against Iran were failed in the post-JCPOA era with export of over 34,000 tons of bitumen from Bandar Imam Khomeini port to Malaysia. Bitumen loading on Palanka Maputa, one of the seven biggest ships in the world, which had decked in Bandar Imam Khomeini, destined for Malaysia, completed…