Trade minister: Iran ready to join WTO
Iran is ready to join the World Trade Organization (WTO), Iran’s Minister of Industry, Mines and Trade Mohammad Reza Nematzadeh said on Wednesday. He made the remarks in a meeting with the Finnish Minister for Foreign Trade and Development Lenita Toivakka on the sidelines of WTO’s Tenth Ministerial Conference in…
Italian investors mull over Iran infrastructure plans
A gathering on Iran’s infrastructural plans was held on Tuesday in Rome. Called ‘Roundtable on Iranian Infrastructures’, the gathering was aimed at introduction of infrastructural projects of the Islamic Republic of Iran to Italian investors and entrepreneurs. The forum was organized by the Italian Ministry of Foreign Affair as well…
‘Bright future for Petrochem industry’
A senior Iranian petrochemical industrialist says investment in Iran’s petrochemical industry has a return of over 25 percent, a promising outlook for potential investors. Managing Director of Iran International Petrochemical Company Isa Mashayekhi, addressing a specialized panel meeting at the 12th Iran Petrochemical Forum (IPF2015) in Tehran on Monday, said…
Bloomberg: Iran says ready for worst oil price scenario
A major business news website has said Iran is ready to cope with the worst case scenario for lowest oil prices. The Bloomberg commented on the plunging oil prices and said “oil extended declines from the lowest price since February 2009 as Iran pledged to boost crude exports, bolstering speculation…
Yazd to host int’l tourism expo
The first international exhibition called ‘Golden Triangle of Tourism’ will be held in Yazd Province. The exhibition is scheduled for Jan. 19, 2016 at Yazd Permanent International Fairground, said Mohsen Sadeqi-Nasab, an organizer of the exhibition, according to the English-language paper Iran Daily. He described Yazd, Isfahan and Fars provinces…
Two phases of South Pars gas field to go on stream next week
The development project of Phases 15 and 16 of Iran’s giant South Pars gas field will become operational next week in the presence of senior Iranian officials, it was announced on Wednesday. According to the Pars Oil and Gas Company’s (POGC), Phases 15 and 16 of the South Pars gas…
Iran calls for lifting trade obstacles with Switzerland
Deputy Minister of Industry, Mine and Trade Valiollah Afkhamirad said that Iran and Switzerland had good cooperation over past years, and added that for developing bilateral ties it is necessary to lift trade obstacles. According to the report of Trade Promotion Organization of Iran (TPO), Afkhamirad made the remarks in…
SCO members countries call for enhanced ties with Iran
Iran and Shanghai Cooperation Organization member states on Tuesday stressed the need for expansion of cooperation. Minister of Communications and Information Technology Mahmoud Vaezi held separate meetings with prime ministers of China, Russia and Pakistan, Li Keqiang, Dmitry Medvedev and Nawaz Sharif as well as Abdullah Abdullah, the chief executive…
MAPNA Group says US General Electric is customer of products
Managing-Director of MAPNA Group Abbas Aliabadi said on Tuesday that the US General Electric is customer of its products indicating high standards of the products in international markets. MAPNA Group is a group of Iranian companies involved in development and carrying out thermal and renewable power and oil and gas…
Japan to renew methanol technology in Iran
General Manager of Japan’s Marubeni Corporation Masahiro Yamada announced that the talks on renewing Iran’s technologies to produce methanol have been held by the two sides’ officials. In February, 2016, Iran’s oil and petrochemical industries will go back to its position it had before sanctions period, the Japanese official said….
