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Swedish banks ready to provide finance to Iranian projects

Swedish ambassador to Tehran Peter Tejler said on Tuesday that once the economic and industrial projects are introduced, Swedish banks will provide the needed finance for them. He made the remarks in a meeting with head of Tehran Chamber of Commerce Masoud Khansari. Tejler said that an organization like the…

Italy’s Saipem signs MoU on oil, gas cooperation with Iran

Saipem has signed a memorandum of understanding to cooperate on major oil and gas projects in Iran. The deal with Iran comes at an opportune time for the company, which has been hit hard by a prolonged oil price slump that has prompted oil majors to cut investment and seek…

Turkey: Post-sanctions era opportunity to boost ties

Post-sanctions era opportunity to boost ties Tehran, Jan 27, IRNA – Removal of Iran’s sanctions is an opportunity for Tehran and Ankara to boost bilateral ties, Turkey’s Vice Minister for Foreign Affairs Feridun Hadi Sinirlioğlu said on Wednesday. He made the remarks in a meeting with Iranian Ambassador to Turkey…

Pakistan to launch passenger ferry service to Iran soon

Pakistan Minister for Ports and Shipping Kamran Michael has said that fast passenger ferry services from Karachi and Gwadar ports to the Iranian port city of Chabahar will be started in March this year. According to Pakistan state news agency ‘APP’, the minister said Prime Minister Nawaz Sharif had ordered…

Japan starts truck exports to Iran: NHK

Mitsubishi Fuso Truck and Bus Corporation has become the first Japanese automaker to announce that it will do business with Iran since the economic sanctions on the country were lifted, Japanese NHK reported. The company said on Tuesday that it will start exporting light-duty trucks this year and had signed…

IMIDRO, Italian company to establish join company

Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) and taly’s leading steel player Danieli are jointly to establish a new parent company dubbed ‘Persian Metallic’ in Chabahar free trade zone in southeastern Sistant-Baluchestan province. The company is to undertake development of Products including iron ore, pellet iron ore,…

Dutch company to invest in Alborz province

A leading Dutch company active in producing and distributing raw materials for medical and healthcare items is to make investments in this northwestern province, the Governor General Seyyed Hamid Tahaii said. According to the official, this will be the first foreign country to embark on economic ventures in the province…

Rouhani: Newly emerging Iranian economy of enough internal energy

President Hassan Rouhani said here on Tuesday Iranian economy is among newly emerging economies with sufficient internal energy, good road connections joint Iran with neighbors, enough educated manpower, and thus ready to host foreign investors. ‘Italy is of special importance for us because it has a good background in Iran,…

Spanish firms eyeing investment in Iran

Barber, along with Spanish Ambassador to Tehran Eduardo López Busquets, met Ali Ashraf Afkhami, the managing director of Iran’s Bank of Industry and Mine (BIM) in Tehran on January 12. During the meeting, Barber said the most reputable Spanish companies are willing to invest in Iran in different fields of…

Iran interested in free trade zone with Eurasian Economic Union

Iran is interested in the introduction of a free trade regime with the EEU and considers that the establishment of closer ties with the union may become the basis for the development of economic cooperation of Iran with the association’s member countries, Iranian Ambassador to Russia Mehdi Sanaei said Thursday….