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German envoy: Iran coming back to int’l market

On December 7, 2015, Posted by , In News, With No Comments

German envoy said here on Monday that the nuclear deal clinched between Iran and P5+1 would bring Tehran back to the international trade. Speaking in a meeting, German Ambassador to Iran Michael Baron von Ungern said removal of sanctions would pave the way for expansion of mutual trade with Iran….

Oil, petcham products trading volume witnesses 21% growth

On December 7, 2015, Posted by , In News, With No Comments

During weekdays ending up to 3rd of December volume and value of trading oil and petrochemical products experienced 21% and 6% of growth, respectively. According to the report from Iran Mercantile Exchange (IME) International Affairs and PR, on the domestic and export oil and petrochemical pit of IME, approximately 249,820…

Economic resilience and ‘snapback sanctions’

On December 7, 2015, Posted by , In News, With No Comments

With the implementation of the July-14 nuclear deal with the P5+1, sanctions on Iran’s crude oil export transactions are likely to be suspended, as will embargoes on key sectors of the Iranian economy including upstream energy investment and energy-related technology transfers, auto, petrochemicals, and shipping, as well as trade in…

Iran calls on Sweden to restore ranking of Iranian banks to prior level

On December 6, 2015, Posted by , In News, With No Comments

Governor of Central Bank of Iran (CBI) Valiollah Seif on Sunday called on Sweden to restore ranking of Iranian banks to prior levels before the sanctions. Seif made the remarks in a meeting with a visiting Swedish delegation. He said that restoration of ranking of Iranian banks to the prior…