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New Delhi keen on boosting energy, petrochem cooperation with Tehran

Indian Minister of Petroleum and Natural Gas Dharmendra Pradhan described lifting sanctions against Iran as a suitable opportunity for bolstering Iran-India ties, saying that his country is interested in cooperation with Iran in the fields of energy, petrochemical and fertilizers and aluminum production. In an address in Vadodara, Gujarat, on…

India willing to invest in Iran oil industry

Iran’s Ambassador to New Delhi Gholam Reza Ansari said India is keen to make investment in Iranian oil, gas and petrochemical industries. At the opening ceremony of the P4 Expo India 2016 on Tuesday which runs for five days, Ansari said the Indian corporations should take the existing opportunities that…

European Commission ready to cooperate with Iran in railway projects

Managing Director of Islamic Republic of Iran Railways (IRIR) Mohsen Pour-Seyed Aqaei in a meeting with Director General for mobility and transport of European Commission Henric Hololei discussed development of railway cooperation between the two sides. In the meeting, Aqaei enimerated IRIR’s capabilities and presented a report on ways to…

Iran-Germany petrochemical cooperation will improve: Official

Deputy Oil Minister for Petrochemical Affairs Marzieh Shahedaei referring to Iran-Germany excellent cooperation in petrochemical industry, said that Tehran is seeking to give impetus to mutual collaboration in the field. Talking to IRNA on Tuesday on the sidelines of Iran-Germany Economic Conference held by the German Near and Middle East…

Malaysian high-ranking delegation to visit Iran

Managing Director of Malaysia External Trade Development Corporation (MATRADE) Dzulkifli Mahmud stressed the need for expansion of economic ties with Iran in post-sanctions era, saying that he is to visit Tehran along with an economic delegation next month. He made the remarks in a seminar on ‘Iran New Commercial Opportunities…

Turkish private sector to contribute to economic projects in Iran

Turkish private sector will contribute to Iranian economic and commercial projects in the post-sanctions era. Private sector envoys, attending a meeting in chamber of commerce and industry of Turkish southwestern provinces, surveyed ways of playing a influential role in expansion of economic and commercial relations with Iran. Commercial consul in…

Iran has established relations with new European banks

After announcement of ‘Implementation Day’ of the nuclear deal in January, Iran has established banking relations with new European banks in Italy and Austria, a senior banking official said here Monday. Hossein Yaqoubi, international affairs’ director at Central Bank of Iran (CBI), told reporters that the Iranian banks are not…

Iran, Austria ink 2bn euro deals for cooperation

Iranian and Austrian private sectors will work on seven contracts, worth two billion euros,dealing with a number of agricultural and development projects. Member of the Board of Representatives of Tehran Chamber of Commerce, Industries, Mines and Agriculture Hamid-Reza Salehi said the projects will also cover railway transportation, auto spare part…

Austrian chamber of commerce chairman encourages investment in Iran

President of Austrian Chamber of Commerce Christophe Leitl in an interview with Austrian Daily Kleine Zeitung encouraged the European companies investment in Iran in peace of mind. He told the paper on Saturday that sanctions on Iran were removed, creating opportunity which should be used by the European firms to…

Iran joins Int’l Organization of Securities Commission

Iran has joined the International Organization of Securities Commissions (IOSCO). In a letter to Securities and Exchange Organization (SEO) of Iran, the international organization announced that the country will be a member of the body as of March 29. The letter also invited Iran to take part in the board…