Iran banks queue up to open branches in India
Indian bank executives say Iranian and Pakistani banks have lined up to open branches in India as bilateral trade was of interest for the banks, according to daily Business Standard. The officials say in the case of Iran, the lifting of sanctions has paved the way for direct relations. Three…
Ban-free Iran smashes regional equations
Ever since the victory of the Iranian Revolution in 1979, Tehran’s regional rivals, which happen to be seeking to dominate the global oil market, never relented to tense up their siege of Iran by targeting Iran’s export routs and energy links with the world; but the nuclear deal smashed all…
Head of Pak Central Bank: Pakistan fully open to Iranian banks
Days before Iranian President’s visit to Pakistan, head of Pakistan’s central bank says that his country is fully open to Iranian banks to open their branches in the neighboring country. Islamic Republic of Iran’s President Hassan Rouhani will lead a high ranking economic and political delegation to Islamabad later the…
Romania asks for broadening of ties with Iran in oil, gas industries
Governor-General of Romania’s Prahova Province in a meeting with Iranian ambassador to Bucharest underlined the need for the expansion of bilateral ties between the two countries in different areas, specially in oil, gas and agro industries. ‘Prahova province is the biggest oil-rich province of Romania and the country’s oil university…
Malaysia willing to promote ties with Iran
Malaysian Minister of International Trade and Industry Mustapha Mohamed said on Friday that his country has planned to boost trade relations with Iran in the post-JCPOA era. Mohamed said that Malaysia continues to look at Iran as an important destination for Malaysian products. The minister added that Malaysia has had…
WTO members willing to engage with Iran: Chief
Members of the World Trade Organisation are willing to engage with Iran on its accession to the body, but a lot will depend on Tehran’s drive to make proposals during the early stages, the WTO’s director general said on Thursday. Iran, the biggest economy outside the WTO, had signalled its…
Envoy calls for expansion of Iran-China trade ties
Iranian Ambassador to Beijing Ali Asghar Khaji underlined the need for the expansion of trade relations between the two countries. ‘We need to further broaden our trade relations,’ Khaji said on Wednesday, addressing the annual meeting of Beijing-Based Iranian Expatriates’ Chamber of Commerce. Khaji voiced Iran’s readiness to remove the…
What Investors Need to Know About Entering Iran’s Stock Market
As financial sanctions are eased against Iran, foreigners can enter a bourse in Tehran with almost as many listed companies as Istanbul. Inflows may reach as much as $1 billion after six to eight months, estimated Reza Soltanzadeh, a founding partner at ACL Assets Management, an investment firm that focuses on Iran….
