Iran selecting financiers for 200 jets: New Iran Air CEO

New CEO of national flag carrier Iran Air Farzaneh Sharafbafi Iran is in the process of selecting financiers for the purchase of 200 new passenger aircraft from among many domestic and foreign companies which have submitted their proposals to Iran Air, the new CEO of the national airline Farzaneh Sharafbafi…

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…

What Iran achieved through recent contracts with European companies?

Trade and working agreements that were signed between Iran and a host of European companies during a recent European tour of Italy and France by Iranian President Hassan Rouhani have important strategic achievements, which have been missed in most media analyses. Some critics, who have described such contracts as a…

Tokyo, Tehran to sign investment deal – Japanese FM

Japan and Iran will sign a bilateral investment agreement later on Friday, as the sanctions against Tehran have been lifted, Japanese Foreign Minister Fumio Kishida told a press conference in Tokyo on Friday. A preliminary agreement on the issue was reached between the sides in October 2015, during Kishida’s visit…

European airlines set to resume flights to Tehran

Several European airlines aim to resume their flights to Iran following a landmark nuclear deal between Tehran and world powers, the Persian daily IRAN reported on Thursday. The newspaper quoted Mohammad Khodakarami, deputy head of Iran’s civil aviation authority, as saying British Airways officials visited Tehran on Tuesday to discuss…

Scots sees rare opportunity for entering Iran aviation industry

An aviation official from Scotland said the removal of sanctions against Iran provided a rare chance for companies active in aviation areas to make their presence in the Iranian market. Talking to IRNA, Steven Gay said that Iran offers an exciting and unique chance for world aviation industries given the…

China is Iran’s strategic partner: Minister

Minister of Economic Affairs and Finance Ali Tayyebnia said China is not only a normal trade partner of Iran but also Iran’s strategic partner. Tayyebnia made the remarks during an exclusive interview with the China Central Television (CCTV). The state visit to Iran by Chinese President Xi Jinping was a…

Australia to lift sanctions on Iran

Foreign Minister of Australia Julie Bishop has said that Sydney would lift its sanctions against Iran within days. “I welcome today’s announcement that Iran has met its commitments under the Joint Comprehensive Plan of Action nuclear deal,” said the Australian minister in a statement appeared on the country’s Foreign Ministry…

Exim Bank mulls rating upgrade for Iran

South Korea’s state-run trade bank said Sunday it will consider raising its sovereign credit rating for Iran by one notch following the international community’s lifting of sanctions against Tehran. The United States and the European Union lifted their economic sanctions against Iran over the country’s nuclear program on Saturday in…

Security Council removes Bank Sepah, Bank Sepah Int’l from 2231 list

The UN Security Council in New York removed names of Iran’s Bank Sepah and Bank Sepah International from the 2231 List after concluding its consideration of the de-listing request. According to the UN Information Center in Tehran (UNIC), the delisting of the Iranian banks took place one day after the…