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Singapore, Malaysia ready to invest in Qazvin petchem industry

An economic delegation from Singapore and Malaysia in a meeting with Governor General of Qazvin province Fereydoun Hemmati expressed readiness for investment in petrochemical industry. A member of the 3-person delegation Alan Lim in the meeting with Governor General of Qazvin province and provincial directors in sectors of industry, gas,…

Polish envoy urges increase in bilateral interaction with Iran

Polish Ambassador to Tehran Juliusz Gojlo during a visit to Aras Free Zone at the head of an economic delegation called for promotion of bilateral interaction between the two countries. He made the call during a meeting with Managing Director of the Aras Free Trade Zone Organization Mohsen Khadem Arab-Baghi….

India to speed up investment in Chabahar Port

Following Iran’s warnings to India to expedite investment in Chabahar port, New Delhi has called on Indian ministries of railway, transportation, oil and gas and finance to take speedy action to implement their projects in Chabahar. Iran’s Ambassador to New Delhi Gholam-Reza Ansari in a speech at West Asia Conference…

Scots sees rare opportunity for entering Iran aviation industry

An aviation official from Scotland said the removal of sanctions against Iran provided a rare chance for companies active in aviation areas to make their presence in the Iranian market. Talking to IRNA, Steven Gay said that Iran offers an exciting and unique chance for world aviation industries given the…

Swedish banks ready to provide finance to Iranian projects

Swedish ambassador to Tehran Peter Tejler said on Tuesday that once the economic and industrial projects are introduced, Swedish banks will provide the needed finance for them. He made the remarks in a meeting with head of Tehran Chamber of Commerce Masoud Khansari. Tejler said that an organization like the…

Italy’s Saipem signs MoU on oil, gas cooperation with Iran

Saipem has signed a memorandum of understanding to cooperate on major oil and gas projects in Iran. The deal with Iran comes at an opportune time for the company, which has been hit hard by a prolonged oil price slump that has prompted oil majors to cut investment and seek…

Turkey: Post-sanctions era opportunity to boost ties

Post-sanctions era opportunity to boost ties Tehran, Jan 27, IRNA – Removal of Iran’s sanctions is an opportunity for Tehran and Ankara to boost bilateral ties, Turkey’s Vice Minister for Foreign Affairs Feridun Hadi Sinirlioğlu said on Wednesday. He made the remarks in a meeting with Iranian Ambassador to Turkey…

Pakistan to launch passenger ferry service to Iran soon

Pakistan Minister for Ports and Shipping Kamran Michael has said that fast passenger ferry services from Karachi and Gwadar ports to the Iranian port city of Chabahar will be started in March this year. According to Pakistan state news agency ‘APP’, the minister said Prime Minister Nawaz Sharif had ordered…

Japan starts truck exports to Iran: NHK

Mitsubishi Fuso Truck and Bus Corporation has become the first Japanese automaker to announce that it will do business with Iran since the economic sanctions on the country were lifted, Japanese NHK reported. The company said on Tuesday that it will start exporting light-duty trucks this year and had signed…

IMIDRO, Italian company to establish join company

Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) and taly’s leading steel player Danieli are jointly to establish a new parent company dubbed ‘Persian Metallic’ in Chabahar free trade zone in southeastern Sistant-Baluchestan province. The company is to undertake development of Products including iron ore, pellet iron ore,…