Iran keen on expanding economic ties with Germany

Deputy for the Iranian Minister of Economic Affairs and Finance Mohammad Khazaei said the government is keen on expanding economic relations with Germany. Khazaei made the announcement at a day-long business forum attended by the Iranian and German officials in Tehran. Touching upon Iran-Germany’s long-standing relations, he added the negotiations…

Austrian companies ready for investment in Iranian economic sector

The Commercial Counselor at the Austrian Embassy in Tehran Georg Weingartner says Austrian companies are eager to invest and have economic activity in Iran and Kish Island. Weingartner, who is on a visit to Kish Island along with a delegation from the Commercial Section of Austrian Embassy, told the investment…

Italy to invest $450m in biofuel project in Iran

The Italian private sector will invest $450 million in the establishment of a bioethanol fuel production plant in the Amirabad Special Economic Zone (ASEZ), north of Iran. An agreement has already been signed with the foreign investor and it will be finalized into a contract in the near future, IRNA…