Serbia urges development of commercial, economic ties with Iran
Serbian Embassy Charge d’affaires Branko Markoric said on Tuesday that in the wake of lifting sanctions, his country is interested in further promotion of commercial and economic cooperation with Iran. In a meeting with head of Alborz Chamber of Commerce, Branko Markoric put the volume of Serbian trade with Iran…
CHTHO to tap handicraft market with e-shopping portal
“The young generation welcome e-shopping and we aim to develop the handicraft industry by investing in this field,” CHTHO’s handicraft chief Bahman Namvar-Motlaq said during a meeting with managers of some well-known Iranian e-shopping portals on Sunday. “We are surprised by the growth of the handicraft industry over the past…
Germany to revive state guarantees for exports to Iran
World powers lifted sanctions over the weekend in return for Tehran’s compliance with a deal to modify its nuclear program, confirmed by the UN atomic watchdog on Saturday, Reuters reported. A spokesman for Economy Minister Sigmar Gabriel said export guarantees were now permitted again though some other issues had to…
Iran an important intersection of North-South, East-West corridors
Minister of Roads and Urban Development Abbas Akhundi in a meeting with Czech Minister of Industry and Trade of Czech Republic Jan Mladek said Iran enjoys an important role in connecting the East-West and North-South corridors. He said Tehran and Prague can cooperate in infrastructure projects including road, marine, airport,…
US firms can do Iran business via EU
The recent lifting of the economic sanctions against Iran has already started a rush among international corporations to start to set their feet in the country’s vast consumer market of around 80 million. While the European enterprises may be the first to benefit from the opening of Iran’s doors to…
Oil prices may fall further this year: IEA
The International Energy Agency says oil prices may fall further this year due to low demand, warm winter weather and an oversupply of crude. The organization advises countries on energy policy. It said in its monthly report Tuesday that excess global supply may reach 1.5 million barrels per day during…
WEF founder confers with Iranian foreign minister
Founder and Executive Director of World Economic Forum Klaus Schwab conferred with Foreign Minister Mohammad Javad Zarif and Iranian delegation in Davos, Switzerland, on Thursday. Schwab presented a brief report on this round of talks in Davos. IRNA reporter in Davos said that head of Presidential Office Mohammad Nahavandian was…
World’s biggest bank requests to set up branches in Iran
A top banking official in Tehran said on Thursday that the Industrial and Commercial Bank of China (ICBC) – the world’s largest bank by total assets – has request to open branches in Iran. Hossein Yaqoubi Miab, the director for the international affairs of the Central Bank of Iran (CBI),…
China, Middle East to revitalize ancient Silk Road
Occupying a crucial geographic location, the Middle East has shouldered the responsibility of connecting the East and the West since ancient times. It witnessed the birth of the world’s most long-standing civilization, the first city and the oldest legal code on the planet. Given the accessibility to surrounding areas, local…
