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Official: Iran, Kazakhstan to establish joint shipping company

Managing Director of Islamic Republic of Iran Shipping Line (IRISL) Mohammad Saeedi announced that Iran and Kazakhstan signed an agreement to establish a joint shipping company. He told IRNA that the agreement was signed in the presence of the presidents of both countries and the company headquarters would be established…

A new canal from the Caspian Sea to the Persian Gulf !

A new canal from the Caspian Sea to the Persian Gulf ! Moscow and Tehran are holding talks on digging a ship canal from the Caspian Sea to the Persian Gulf, said Iranian Ambassador to Russia Mehdi Sanai, speaking to students in St. Petersburg. Any canal linking the two has…

Iran, Italy to start new cooperation on oil

When the Italian Prime Minister Matteo Renzi starts his trip to Iran on Tuesday, a new chapter between the two countries will also begin. During Renzi’s two-day visit to Tehran, Iran and Italy will ink various strategic agreements and witness a new chapter in their oil cooperation. Renzi’s Tehran visit…

German minister calls for expansion of agricultural cooperation with Iran

Federal Minister for Food and Agriculture of Germany Christian Schmidt said that seed technology, genetic products and agricultural machinery are important in agriculture sector and added that Germany is trying to develop cooperation with Iran in these fields. He made the remarks in a meeting with Minister of Agricultural Jihad…

Germany to make euro 170m investment in solar cells, panels in Iran

An official announced Iran-Germany cooperation for producing solar cells and panels in Special Economic Zone, saying that Germany has planned investment to the tune of 170 million euros for the purpose. Managing director of Company hoped that the ground for the project would be broken in May. Referring to his…

India ready for major investment in Chabahar

Indian Minister of Petroleum and Natural Gas Dharmendra Pradhan said on Saturday that his country is prepared to make major investment in Chabahar, saying that Iran-India cooperation is not limited to import of crude oil. He made the remarks after a meeting with his Iranian counterpart Bijan Zangeneh. He also…

India’s major oil, energy firms due in Tehran

Led by India’s Minister for Petroleum and Natural Gas Dharmendra Pradhan, a delegation of major private sector representatives from oil, gas, and energy fields are expected arrive in Tehran on Saturday. The Federation of Indian Chambers of Commerce and Industry (FICCI) in a statement said a strong private sector presence…

Italy’s ambassador: Major Italian companies ready to invest in Iran

Italian ambassador to Tehran Mauro said on Friday that some major Italian companies have voiced readiness to make investment in various infrastructural, economic and industrial sectors in Iran. He made the remark in a meeting with Deputy Minister of Industry, Mine and Commerce and Head of Iran Trade Promotion Organization…

New Delhi keen on boosting energy, petrochem cooperation with Tehran

Indian Minister of Petroleum and Natural Gas Dharmendra Pradhan described lifting sanctions against Iran as a suitable opportunity for bolstering Iran-India ties, saying that his country is interested in cooperation with Iran in the fields of energy, petrochemical and fertilizers and aluminum production. In an address in Vadodara, Gujarat, on…

India willing to invest in Iran oil industry

Iran’s Ambassador to New Delhi Gholam Reza Ansari said India is keen to make investment in Iranian oil, gas and petrochemical industries. At the opening ceremony of the P4 Expo India 2016 on Tuesday which runs for five days, Ansari said the Indian corporations should take the existing opportunities that…