Iran inks MoU on re-insurance services with German and Swiss firms
Export Guarantee Fund of Iran (EGFI) signed MoU with Hermes Insurance Firm of Germany and Swiss Export Risk Insurance SERV of Switzerland on re-insurance services to Iranian exports. The MoU was signed on the sidelines of the Berne Union Meeting which is underway in Lisbon, Portugal. The agreement envisaged cooperation…
Iranian major bank out of UK asset freeze list
Britain’s Ministry of Finance has removed Bank Saderat Iran (BSI) and Bank Saderat PLC, the UK branch of BSI, from the list of sanctions. In a statement released on Monday, the ministry said that Council Regulating (EU) 267/2012 (‘the Regulation’) imposing financial sanctions against Iran has amended so that an…
Russian, Chinese, French companies keen to join S.Pars projects: Oil official
Deputy minister of petroleum announced that French, Chinese and Russian companies have made request from Iran for cooperating in development project of the phase 11 of the South Pars gas field in south of the country. Along with the French oil and gas company of Total, several companies from Russia…
KLM resumes flights to Iran
KLM Royal Dutch Airlines has resumed its flights to Iran after a halt of over three years. KLM Royal Dutch Airlines, the flag carrier airline of the Netherlands, has officially resumed flights to Iran after a hiatus of over three years. The first flight of the company in its new…
Iran, Total to finalize 2b dollar petchem deal: Official
French international oil company, Total, and Iran’s Persian Gulf Petrochemical Industry are expected to finalize a two-billion-dollar olefin project agreement until the end of the current Iranian calendar year, says an official. ‘Following the signing of the agreement, Total is going to participate in developing a lower olefin project which…
Denmark’s Maersk shipping line to resume trade with Iran
Danish international marine transportation company Maersk will resume transportation of goods to Iran. Denmark’s Maersk that had cut its trade relations with Iran five years ago due to the sanctions imposed by the West on Iran will resume its activities soon. Maersk announced on Thursday that its customers can send…
Iran, EU to upgrade tourism cooperation
Iran and European Union underlined the need for promoting cooperation in the tourism sector. Head of Iran Cultural Heritage, Handicrafts and Tourism Organization Masoud Soltanifar made the remarks in a meeting with the European Commissioner for Internal Market, Industry, Entrepreneurship and SMEs Elabieta Bieńkowska. He said that Iran is a…
