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Iran, Algeria ink 8 cooperation pacts

On December 22, 2015, Posted by , In News, With No Comments

Iran and Algeria signed eight cooperation deals in a ceremony attended by First Vice President Es’haq Jahangiri and Algerian Prime Minister Abdelmalek Salal. Second Joint Iran-Algeria Economic Cooperation Commission presided by Jahangiri and Salal was held in Algiers with a number of the two countries’ cabinets in attendance. The first…

Jahangiri: Iran is open to all investors

On December 22, 2015, Posted by , In News, With No Comments

First Vice President Es’haq Jahangiri said that Iran in is an opportunity for all investors around the world and they can benefit from Iran’s 80-million as well as the region’s 400-million markets. Addressing a joint conference of Iran-Algeria businessmen and economic activists, he added that over 15 countries around Iran…

Belgian firm eyes Iran petchem exports to Europe

On December 22, 2015, Posted by , In News, With No Comments

Chief commercial officer with the Belgian company Group Gheys said it is interested in doing business with Iranian partners as Tehran resumes exporting polymer to Europe in the wake of removal of sanctions. “It seems that a new chapter has opened and a lot of positive trade waves are felt…

IPC guarantees win-win situation

On December 22, 2015, Posted by , In News, With No Comments

Western sanctions on Iran are to be lifted in the coming days which is both interesting to Iran and other countries. Given its great potentials, Iran is an ideal trade partner and a very suitable destination for foreign investors particularly those keen on oil and gas projects. Foreign companies attach…

India and Iran to seal Chabahar port deal by January

On December 21, 2015, Posted by , In News, By ,,, , With No Comments

India and Iran are trying to iron out irritants and conclude contract by January for the expansion project of the strategically located Chabahar Port, an Indian press report said. The Economic Times said that “official of both sides are negotiating terms of the contract with a hope to conclude the…

Lithuanian firm interested in Iran petchem products

On December 21, 2015, Posted by , In News, By ,,, , With No Comments

Chairman of Lithuanian company IMLITEX said it is interested in buying petrochemical goods from Iranian producers after sanctions are lifted. “There are plenty of opportunities in Iran as a stable country,” Vygandas Blandis told Shana on the sidelines of the Iran Petrochemical Forum (IPF2015) which was held here in Tehran…

Assaluyeh petrochemical zone ‘impressive, fantastic’, foreigners say

A group of foreign participants in the 12th Iran Petrochemical Forum (IPF), went on a one-day tour to petrochemical complexes in the Pars Special Economic Energy Zone (PSEEZ), located in the port city of Assaluyeh, southwestern Bushehr Province. The petrochemical complexes receive gas and gas condensate feedstock from the giant…

Iran’s railroad revolution

On December 21, 2015, Posted by , In News, By , , With No Comments

Following the nuclear deal struck between Iran and world powers on July 14 this year, it is widely expected that sanctions imposed by the UN Security Council will be lifted sometime in January. Once this happens, Iran will be free to start doing business with the many national delegations that…

Iran, China stress political settlement of Syrian crisis

On December 21, 2015, Posted by , In News, By , , With No Comments

Iranian Foreign Minister Mohammad Javad Zarif and Chinese Foreign Minister Wang Yi stressed political settlement of Syrian crisis, China Foreign Ministry’s website quoted the two diplomats. According to the China Foreign Ministry’s website, Zarif and Wang Yi held a meeting in New York on Thursday, one day ahead of the…

Minister: Iran’s joining WTO, win-win business

On December 21, 2015, Posted by , In News, By , , With No Comments

Industry, Mining and Trade Minister Mohammad Reza Nematzadeh described Iran’s joining the World Trade Organization as a win-win agreement and an important step towards creation of a real global organization. ‘Now that after intensive negotiations all misunderstandings of Iran’s nuclear activities has been removed, our next step will be to…