Lift of anti-Iran sanctions, special chance for Italian companies
Managing director of Italy’s Genius Car Ltd announced that lifting anti-Iran sanctions is a special opportunity for the foreign firms, also the Italian ones, to be present in Iranian market. The talks on implementation of Joint Comprehensive Plan of Action (JCPOA) concluded in Vienna on Saturday, and the US and…
India can resume normal trading ties with Iran: Indian paper
India is now free to resume normal trading ties with Iran that were disrupted by US and EU sanctions related to Tehran’s nuclear program that were lifted on Saturday. India will also be able to release payments its state-owned refineries owed to Tehran for crude oil purchases that were held…
Italy demandes collaboration with IRISL
A delegation comprising the Italian ambassador to Tehran and the port authorities of Italy met on Monday with the chairman of the board and director of Islamic Republic of Iran Shipping Lines (IRISL), and demanded expanding mutual collaboration between the two countries in the post-sanction era. Expressing his interest in…
Petroleum Minister: Czech Republic desires to import gas from Iran
Petroleum Minister Bijan Zangeneh on Monday announced interest of Czech Republic to import natural gas from Iran. He made the remarks in a meeting with Czech Republic Minister of Industry and Trade Jan Mladek here on Monday. Zangeneh said that exporting gas to Czech Republic by pipe is not possible…
Daimler says it plans quick return to Iran
German automaker Daimler says its truck business plans a swift return to Iran where the race among carmakers for a share of the country’s huge market is getting intense after the lifting of sanctions. Daimler said Monday it has signed letters of intent with local partners Iran Khodro Diesel and…
EU energy officials to visit Iran in February
The European Commission will undertake a first ‘technical assessment mission’ in February to explore energy ties with Iran following the lifting of international sanctions, European Climate and Energy Commissioner Miguel Arias Canete said on Sunday. Late on Saturday, the European Union, the United Nations and the United States lifted sanctions…
Seif: 10-15 pc decline in cost of exchanges is JCPOA implementation’s result
Governor of the Central Bank of Iran (CBI) Valiollah Seif said on Monday that 10 to 15 percent fall in the cost of exchanges is the most immediate result of implementation of the Joint Comprehensive Plan of Action (JCPOA). Talking to reporters, Seif said the fall in the expenditures will…
Iran, Spain plan joint oil refinery at Gibraltar
Iran and Spain are discussing a plan to build a joint oil refinery, which will be finally owned by Iran, at the Gibraltar Strait. The announcement was made by the Spanish foreign minister on Monday, just two days after sanctions against Islamic Republic were lifted, Reuters reported. Foreign Minister Jose…
Russia sees possibilities for Russia-Iran cooperation in energy, agriculture, defense
Removing sanctions against Iran can contribute to the development of the Russian-Iranian cooperation in a number of areas, including energy, agriculture and the military-industrial complex, an official with Russia’s Central Bank told TASS. ‘Lifting the sanctions against Iran, on the one hand, it may contribute to the development of Russian-Iranian…
Canada signals openness to restoring Iran diplomatic ties
Canadian Prime Minister Justin Trudeau expressed an openness to restoring diplomatic ties with Iran, four years after Canada closed its embassy in Tehran, reports said. Such a move would be a reversal of the foreign policy set by the previous Tory administration, which had vowed to keep its sanctions regime…
