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…
Iran, Airbus to start talks on new passenger jets
Airbus confirmed on Monday that it was poised to begin negotiations with Iran for the sale of dozens of new commercial aircraft. The New York Times reported from London that the deal is part of a raft of international business that is expected to flow toward Tehran since economic sanctions…
Tehran, Athens to sign energy MOU during Greek PM’s Iran visit
Deputy Petroleum Minister for International and Commercial Affairs Amir-Hossein Zamani-nia said that Iran and Greece will sign an energy memorandum of understanding (MOU) during Greek Prime Minister Alexis Tsipras’ next month visit to Iran. Announcing a two-day visit of a delegation of the Iranian Petroleum Ministry’s delegation to Greece, Zamani-nia…
Taiwan to increase oil imports from Iran
Taiwan’s refiners will increase crude imports from Iran this year, paving the way for the sanctions-hit OPEC producer to regain its market share in Asia, company spokesmen said on Monday. The companies are likely to be among the first in Asia to restart trade relations with Iran after the lifting…
Bank Mellat opens European accounts to collect oil dues
Bank Mellat of Iran took initiative to open accounts with the European banks in order to collect overdue payments of the National Iranian Oil Company (NIOC) worth 1.2 billion euros. It has also opened other accounts with foreign agent banks in Europe and Asia in a bid to facilitate receipt…
‘Iran is back in business’
According to New Yorker newspaper, the Islamic Republic of Iran is back in business in a mere ten days. On Saturday, the Islamic Republic welcomed Chinese President Xi Jinping — along with a delegation of three deputy premiers, six cabinet ministers, and a planeload of business executives — with much…
Malaysia’s budget Air Asia to fly to Tehran
Air Asia, the Malaysian low cost airline, announced on Monday that it is planning to start scheduled flights to Tehran. Air Asia has announced that it is likely to operate two flights per week from its operating base at Kuala Lumpur to Tehran. Air Asia was a pioneer of low-cost…
Call for expansion of Iran-Turkmenistan all-out ties
Turkmenistan Foreign Minister Rashid Meredov called for expansion of all-out mutual cooperation with Iran. Meredov made the remarks in a meeting with Iranian Ambassador to Turkmenistan Mohammad Ahmadi. Pointing to the Turkmenistan historical and cultural relations, he expressed hope that the two countries could employ the vast potentials for fostering…
Iran Melli Bank to resume operation in London
Managing Director of Iran Melli Bank Abdol Nasser Hemmati said the bank has obtained necessary licenses to resume operation in London. Talking to IRNA on Tuesday, he said the British banking system has already issued necessary documents which allow the bank to start operation through its subsidiary branch in London….
