Chitchian elaborated on the water shortages in the Muslim World geography, calling for bilateral and multilateral cooperation of Organization of Islamic Cooperation (OIC) members in this concern.
Veysel Eroglu said that the Turkish government is willing to cooperate with the Islamic Republic of Iran and the Islamic states for development of trade and economic ties.
Chitchian arrived in Istanbul on Tuesday morning to attend the OIC ministerial meeting on water.
The Energy minister is to meet with Turkish Energy Minister and minister co-chairing Iran-Turkey Joint Economic Commission.

Norheim Aud Lise expressed Norwegian private and state sectors’ interest in investing in Iran.

Describing the situation and investment potentials in Iran, Khazaei emphasized developing bilateral economic ties in the fields such as monetary fund of both countries like the Oil Revenues Stabilization Fund of Norway with National Development Fund of Iran, pension fund, financial cooperation and banking credit fund, water resources management, fishery and aquaculture.

The imported products from Norway consisted of electrical and electronic devices, refrigerating system equipment, drugs and medical devices, paper, ship engine and fish.

Iran exported oil, chemical products, semi-finished materials, steel products, dried fruit and carpet to Norway.

The president made the remarks in a meeting with ambassadors and heads of Iranian representative offices abroad.
President Rouhani said that the diplomatic organ (Foreign Ministry) is tasked with diplomatic efforts to explain realities of the Islamic Republic of Iran and bright prospects on the horizon for Iran.
President Rouhani said that Iran successfully held nuclear talks with the world powers and concluded them honorably. ‘It was a major achievement.’
He said the Joint Comprehensive Plan of Action is just part of the foreign policy of government in constructive engagement with the world, leading to an opportunity to endeavor for economic vibrancy of the country.
The President said that Iranian representatives missioned abroad are expected to introduce the opportunities and capacities of the national economy to foreign investors and facilitate links of foreign companies with the private sector.
‘A few countries in the past few decades came out so prestigeous as Iran did in settlement of such a complicated issue with such an extensive dimension.’
He said that all governments admitted that Iran’s nuclear activities are based on the international law and regulations.
He said that economic vibrancy will consolidate the JCPOA and ensure its durability.
‘Economic relations and engagement with the world is one of the ways to confront Iranophobia.’
He noted that Iranian ambassadors in many countries can play an effective role to depict the outward looking of national economy.

Talking to IRNA, Salehinia said the two sides have in their talks even ascertained the amount of joint venture investment and the location for activities.
He said that based on outcome of latest talks, volume of joint investment for the first phase of the project is set at 200 million dollars and Kashan branch of Saipa has been specified as the site of implementation of the project.

Chief Executive Officer of AIRSEC S.A. Javier Lopez who participated in The 21st Iran International Oil, Gas, Refining and Petrochemical Exhibition told IRNA that the documents signed with Iran were related to state projects.

Lopez reiterated that joint investment with Iranian companies is AIRSEC’s plan.

He added that AIRSEC and Iran have had cooperation since 2002.

He said that AIRSEC also cooperated in Imam Khomeini port’s petrochemical project and the cooperation was mostly in selling spare parts.

AIRSEC, with over 65 years of experience, is active in designing and constructing air conditioning industrial equipment.

The 21st Iran International Oil, Gas, Refining and Petrochemical Exhibition was held with the participation of 1900 domestic and foreign firms on May 5-8, 2016.

The minister gave the assurance during a meeting with the chairman of Pakistan Fruit and Vegetable Exporters, Importers and Merchants Association (PFVA), Waheed Ahmed, in Islamabad.

Waheed Ahmed, briefed the minister about difficulties being faced in tapping Iranian markets after the withdrawal of sanctions on the neighboring country.

He informed the minister that despite opening of Iranian borders to exporters worldwide, commercial banks in Pakistan were reluctant to issue E-Forms to exporters.

The PFVA chairman also briefed the minister on issues faced by exporters in European markets, especially for export of mango. The minister assured him to resolve issues, especially the ones related to Iranian market on priority basis.

The company said the new investment increases production which could be sold in Iran and Middle East markets.

The corporation announced that construction of spandex factory will start soon and it is expected to open in 2019.

Teekay Corporation entered Iranian market in 2001 and last year increased its exports to Iran from 150 tons to 2,800 tons.

During South Korean president Park Geun-hye’s trip to Tehran on May 2, Iran and South Korea signed over 37 cooperation documents.

Chairman of the Coordination Council of state-owned banks Abdolnaser Hemmati made the remarks in a press conference after his meeting with senior Iranian clerics in Qom.

Hemmati said the banking communication and interactions are on the rise day-by-day.

‘The infrastructures have been prepared for creating relations between the domestic and foreign banks,’ he added.

‘Thanks to the implementation of the Joint Comprehensive Plan of Action (JCPOA), the relations with the foreign banks are being corrected and there is no basic problem in interaction with the global banks,’ Hemmati said.

SWIFT (Society for Worldwide Interbank Financial Telecommunication) banking system is the global provider of secure financial messaging services.

Last month, international affairs’ director at Central Bank of Iran (CBI) Hossein Yaqoubi said Iran has established 300 banking relations with foreign banks since anti-Iran sanctions were lifted in January.

Under sanctions, Iran’s banking relations were so limited and had not been counted up even to ten, he said.

The text of JCPOA between Iran and the six world powers has focused on use of some tools like SWIFT when all international banking activities had been done, he added.

Speaking to IRNA, he said that after removal of sanctions, Iran has prepared the ground for joint venture investments of the European oil majors.

Tehran accepts joint venture investments with companies that propose lower prices for transfer of more advanced technologies to Iran, the official said.

He noted that Iran has negotiated with Chinese and Indian companies for joint venture investments before the sanctions era and after the nuclear deal, the European companies including Belgians and Italians also showed interest.

Several European companies have declared interest in financing and transfer of technology to Iran, Fadaei Dolat said.

Asked about Iran’s export destinations, he named Iraq, Turkey, Tajikistan, Afghanistan and littoral states of Persian Gulf.

Iran welcomes presence of foreign and domestic investors in downstream and upstream oil and gas industry, the official said.