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Iran, Germany to develop cooperation on print industry

Director General of Culture and Islamic Guidance Ministry’s Department for Printing and Publishing and German Cultural attaché in Tehran Justus Kemper on Sunday discussed cooperation on print industry. Mahmoud Reza Barazesh referred to the significance of the print industry, saying that the industry enjoys high importance across the world going…

US insurer says got White House okay to cover Iranian oil cargo

A US-based insurer to the global shipping industry said it got the White House authorization to cover non-American companies shipping oil from Iran. The Office of Foreign Assets Control on February 5 “prospectively removed” the restriction that previously prevented the American Club from providing cover for Iranian cargoes, the New…

Iran issues 30-day visas for tourists from 180 countries

Foreign Ministry offices in provinces, and especially country’s international airports are directed to issue 30-day visas for nationals of 180 countries, deputy foreign minister for legal and international affairs Abbas Araqchi said on Saturday. Araqchi made the remarks in a meeting of Isfahan Governor General, mayor, head of Chamber of…

Invest in Tourism Services Integrated system (Opportunity in IRAN)

Iran Tourism Market International tourism has been increasing at about 15% each year for the last 2 years in Iran, bringing the total number of visitors just above 5 million per year and the number is expected to  be increasing 25%+ annually as the sanctions have just been lifted and…

Post-sanctions Iran set to develop oil, gas industry

Deputy Petroleum Minister for International Affairs and Commerce Amir-Hossein Zamani-Nia said Iran is determined to develop its oil and gas industry because the country’s production is not proportionate with its hydrocarbon reservoirs. “Iran’s oil industry needs investment, technology and management transfer in the industry’s various sectors in the post-sanctions era,”…

Iran says Russia has unique opportunity to invest in tourism, agriculture

The recent lifting of the sanctions imposed by world powers against Tehran and its reemergence on to the global market provides a great opportunity for Moscow to invest in Iranian industries, including tourism and agriculture, the adviser to the president of the Organization for Investment and Economic and Technical Assistance…

Russian expert: Don’t miss Iran’s market

The director of a Russian company urged Russian companies to try hard not to miss Iranian post-sanctions market. Speaking in a conference called ‘post-sanctions Iran and its prospects for Russian economic circles’, Kril Gromov said that Russian companies should get a share in Iran’s market in 6-9 months. Meanwhile, Olga…

Japan refiners, banks resume Iran trade

Japanese oil refiners have started oil payments to Iran through the Asian country’s largest lender, the Bank of Tokyo-Mitsubishi UFJ (BTMU) which has resumed transactions with Iranian banks, a report says. Tokyo lifted sanctions against Iran last month after a landmark nuclear deal with the Islamic Republic went into effect….

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…

Iran, Russia sign investment protocol on economic projects

Iranian Deputy Economy Minister Mohammad Khazaei and his Russian counterpart Sergei Storechak in a meeting here on Tuesday signed an investment protocol on joint economic projects between Iran and Russia. The 15-clause protocol anticipates opening of governmental export credit for economic and industrial projects. The Iranian and Russian deputy economy…