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Iran president’s visit to Europe to drum up business: Report

France 24 reported on Monday that President Hassan Rouhani brings the case to Europe this week for Iran as a potential investment bonanza. France 24 said the visit follows lifting of financial sanctions which brought his country of 80 million people back into the world of global commerce. It said…

Iran, Egypt resume trade ties: Report

Iran’s first cargo of petrochemical products in recent years has left for Egypt, marking the resumption of trade ties between the two major Muslim countries, the Mehr news agency says. Intensified sanctions imposed on Iran in 2012 put a stop on the last remaining channel of connectivity with Egypt in…

S Korean industries official to visit Iran

South Korea’s Minister of Foreign Affairs Yun Byung-se said on Tuesday that the country’s Vice Finance Minister Joo Hyung Hwan is to pay a visit to Iran next month. During the visit which is taking place with the objective of promoting bilateral relations, he will be leading a ranking delegation…

Iran, Italy sign 14 multi-billion euro cooperation agreements

Iran and Italy signed 14 contracts, MoUs, and agreements worth billions of euros on Monday during the state visit of President Hassan Rouhani to Rome. President Rouhani and Italian Prime Minister Matteo Renzi were overseeing the signing ceremony of the bilateral cooperation documents by ministers and other high-ranking officials of…

Japan seeks piece of action as Iran opens up

With Iran rejoining the global economy, Japanese companies are lining up to resume business ties with the oil-rich Middle Eastern market. Tokyo on Friday lifted sanctions on Iran, falling in line with major world powers after the International Atomic Energy Agency confirmed last weekend that Tehran had fully taken steps…

Iran, UK to hold linked workshop on water management

Iranian and British researchers will gather at Imperial College London this week to hold academic discussion on water management. As part of the British Council Researcher Links scheme, Imperial College London plans to hold workshop for participants from the UK and Iran. The workshop will be held at the Centre…

Pakistani deputy min.: Time has come to enhance trade with Iran

Welcoming the lifting all anti-Iran sanctions, Pakistan deputy commerce minister reiterated that time has come for Islamabad to enhance more trade relations with Iran. In an interview with IRNA on Sunday, Robina Ather said, ‘So the time has come now that we will soon be initiating some discussion with the…

US Treasury lifts sanctions imposed on Iran’s Central Bank, oil trade

The US Department of the Treasury released a set of documents, which define the sanctions lifted from Iran, including the restrictions imposed on Central Bank of Iran and National Iranian Oil Company (NIOC). The move was made because of the Joint Comprehensive Plan of Action (JCPOA) implementation which has officially…

Australia to lift sanctions on Iran

Foreign Minister of Australia Julie Bishop has said that Sydney would lift its sanctions against Iran within days. “I welcome today’s announcement that Iran has met its commitments under the Joint Comprehensive Plan of Action nuclear deal,” said the Australian minister in a statement appeared on the country’s Foreign Ministry…

Exim Bank mulls rating upgrade for Iran

South Korea’s state-run trade bank said Sunday it will consider raising its sovereign credit rating for Iran by one notch following the international community’s lifting of sanctions against Tehran. The United States and the European Union lifted their economic sanctions against Iran over the country’s nuclear program on Saturday in…