‘MAPNA, in cooperation with other industries in the country, can meet all the needs of the Petroleum Ministry,’ Abbas Aliabadi told journalists on Sunday.

MAPNA engineering company in recent weeks has successfully synchronized gas turbines in several power plants across the country, Aliabadi said.

MAPNA has started developing different types of flow meters, boilers, high-pressure tanks and different kinds of structures used in the oil industry, he said.

‘Today more than 12 types of turbines are used in oil industry and their mostly western technologies have been indigenized by MAPNA,’ Aliabadi added.

MAPNA has also expressed readiness to cooperate with the Ministry of Petroleum in developing phase 11 of the South Pars joint gas field, he said.

He said in an exclusive interview with IRNA that termination of the arbitrary sanctions proved that adopting rationality, interaction and dialogue bears fruit to put an end to political pressures.
Securing the country’s nuclear rights and removal of economic sanctions should be considered as significant achievements in the contemporary era, Bahrami said.
The Iranian ambassador congratulated the Iranian nation on the victory and said it will uphold Iran’s status in the world of diplomacy.
Implementation of the JCPOA also put an end to Iranophobia masterminded by the enemies to isolate the country and prevent Iran from attaining its real status in the region and the globe, he said.
Iran can now play its significant role to deal with the regional issues such as fight against terrorism, extremism, drug-trafficking as well as probable threats, he said.
Removal of economic sanctions will improve standard of living and prepare grounds for a breakthrough for national economy, he said.

Jalalpour told reporters on the sidelines of the meeting of the group of representatives of Iranian Chamber that since about two months ago, the banking system, the Central Bank of Iran (CBI), the Chamber of Commerce, Industries, Mines and Agriculture, and Ministry of Industries, Mines and Trade have made some arrangements to open up more than 1,000 Letters of Credits on the first day of lifting sanctions.
The official said the Bank of Industries and Mines opened up more than 100 million worth LCs.
He said that the banking system was re-connected to SWIFT and Iran will present application for SWIFT Membership Committee today.
The SWIFT Committee will consider Iran’s application in two weeks and SWIFT is expected to open by maximum early February for the banks with no access to SWIFT.

He made the remarks in a meeting with Luxembourg Parliament Speaker Mars Di Bartolomeo.
Seif said that implementation of JCPOA would prepare appropriate grounds for expansion of cooperation with European banks.
He said that there are two stages for promotion of banking ties including restoring relations with foreign banks and the trade and industrial sectors as well.
The governor said that countries and banks have already singled out and necessary coordinations have been made with European countries to develop cooperation with Iranian banks and the time has come to begin the work.
Reciprocal confidence is a prelude for a long term relations, Seif said, adding that Iran intends to establish long-term and sustainable ties with world countries on mutual interests.
Considering similarities and capacities of Iran and Luxembourg, the two countries would work together as complementary, he added.
Director of international affairs of Luxembourg Chamber of Commerce, who visited Iran last June said that developing ties of the Iranian and Luxembourg banking services, steel industry, transportation, information technology, computer, infrastructure and direct flight between the two countries are on the agenda which will be carried following cancellation of sanctions.
Luxembourg is the most important banking center in the Euro zone.

Mohammad Karamati said that strengthening cooperation with major oil companies is a priority for development of technology for oil reservoirs.

He said that the Swiss-German company has experience in building internal control valve system (ICV) and has so far undertaken various projects in the field. It has expressed its readiness for cooperation with Iran.

Promoting cooperation with foreign companies and using modern technologies for exploration and development of oil and gas fields are among Iran’s programs in post-sanctions era.

Cooperation with foreign firms will help Iran get access to financial resources as well as knowledge for designing and building modern equipment.

Gholamali Kamyab who was speaking in a press conference said in response to IRNA reporter’s question on the reason for increasing of foreign currencies exchange rates after announcement of implementation of JCPOA said that the Sunday rise was surprising and lacked logical justification.
‘That is because the CBI had earlier issued a state order according to which the applicants for receiving foreign currencies that had received identification codes could open letters of credit,’ added Kamyab.
He said that according to the state order, the applicants for receiving foreign currencies can receive monetary coverage through Muscat Bank of Oman and the Iran and Europe Bank.
He said that a huge number of letters of credit were opened on the first day of implementation of the JCPOA, adding that this was under such conditions that the world banks were closed today and only some Iranian and some neighboring countries’ banks were open.
‘Therefore, as of Monday with the opening of the foreign countries’ banks we expect the activation of our accounts and not only the transfer of our assets but also the opening of a lot more letters of credit.
Kamyab reiterated that after this development offering banking services both to the commercial and to the non-commercial clients is possible.
‘Iran has a large market and that is the reason why the foreign banks are very eager to cooperate with our country because in a country in which there is active trade the banks can earn good benefits,’ added the CBI top official.
He said that once the world’s major banks were working with Iran and today, too, we expect the same to happen, adding that some of them have already contacted the CBI.

He made the remarks in a meeting with a group of Iranian firms’ directors in Jakarta.
A delegation comprising 13 directors of Iranian companies active in the execution of infrastructure projects, including generating electricity, road and dam construction and sanitation met with the Indonesian minister.
Indonesian Ambassador to Iran Dian Wirengjurit took part in the meeting, too.
The Iranian delegation also met with Vice-President Jusuf Kalla on past Thursday.
Kalla also expressed desire to develop ties with Iran.
He said that in upcoming years, Indonesian development programs concentrate on infrastructures.

‘Iranian banks will be reconnected to SWIFT without discrimination and the main obstacle on the way of Iranian banks’ international links are going to be removed,’ CBI Public Relations Office said in a press release.
The SWIFT’s move came on Implementation Day of the nuclear Joint Comprehensive Plan of Action (JCPOA) which marks lifting the sanctions against Iran.

‘We are among the first European officials who are in Iran in such an important juncture and we are ready to enhance bilateral relation,’ he said in a meeting with governor general of Khorasan Razavi province Alireza Rashidian here on Sunday.
Heading a forty-member delegation, the visiting Czech official said Iran can be an alternative supplier of gas to his country.
‘There are measures underway to increase trade and economic exchanges and bilateral relations to an acceptable level,’ he added.
Rashidian introduced tourism, agriculture, mining, transit, car-making and investment opportunities in the Khorasan Razavi province.
‘The 400-million people market around Iran and the province can serve as the ground for joint investment,’ he said.

According to the UN Information Center in Tehran (UNIC), the delisting of the Iranian banks took place one day after the beginning of the implementation of the Joint Comprehensive Plan of Action (JCPOA) and accordingly, the removal of economic sanctions against Iran.

The Implementation Day has officially started on January 16 (Saturday) after a joint statement was read in Vienna, Austria, by Iran’s Foreign Minister Mohammad Javad Zarif and the EU foreign policy chief Federica Mogherini.

Earlier on Saturday, the International Atomic Energy Agency (IAEA) chief Yukyia Amano had released a report confirming that Iran met its commitments upon the JCPOA.