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Romania eager to expand trade with Iran

A delegation from Romanian Province of Bacau met with Iran’s Ambassador to Bucharest, Hamid Moayer, on Thursday and voiced interest to promote trade with Iran. In the meeting, President of the Bacau County Board, Sorin Brasoveanu, and Head of provincial Chamber of Commerce, Douro Simovic, as well as a group…

Iran oil minister: US companies face no ban for entering our industry

Iran oil minister: US companies face no ban for entering our industry Tue Jan 31, 2017 1:27PM Home Iran Energy Iranian Oil Minister Bijan Zanganeh Iran says there is no ban on American companies working in the country’s oil industry. Iranian Oil Minister Bijan Zanganeh told ILNA news agency that…

JCPOA encouraged Iran-Czech Republic cooperation expansion

Head of Czech Industries Confederation Yaroslav Hanak said on Monday that the Joint Comprehensive Plan of Action (JCPOA) paved the way for promotion of Tehran-Prague cooperation. Hanak made the remarks during Iran-Czech Trade Conference session in Prague on Monday, attended by 130 business people. The official noted that mutual cooperation…

Iran, Czech to launch business cooperation

Representatives of 100 Czech companies and their Iranian counterparts in Prague on Monday held face to face talks for business cooperation. During the meetings, Iranian and Czech businessmen explored avenues for promoting cooperation in the fields of industry, mines, energy, tourism, agriculture, investment, and banking. The 30-member Iranian delegation, comprising…

Rouhani communicates Iran-Hungary cooperation agreement

President Hassan Rouhani on Saturday communicated the law on Iran-Hungary cooperation agreement for implementation by Finance Ministry. The law was approved by Majlis on November 15 and was endorsed by the Guardian Council one month later. The agreement consists one sole article, one Note and nine articles. As per the…

Shipping sanctions failed with bitumen exports

Shipping sanctions against Iran were failed in the post-JCPOA era with export of over 34,000 tons of bitumen from Bandar Imam Khomeini port to Malaysia. Bitumen loading on Palanka Maputa, one of the seven biggest ships in the world, which had decked in Bandar Imam Khomeini, destined for Malaysia, completed…

Agreements on attraction of foreign investment signed in Chabahar

Seven agreements on attraction of foreign investment were inked here on Monday in the presence of First Vice-President Eshaq Jahangiri. The signing ceremony was held on the sidelines of an international conference on investment opportunities and sustainable development in the Makran coastal area that started work in Chabahar in this…

Tehran, Muscat to launch automotive manufacturing plant

Iran’s Charge d’Affairs in Oman, Mohammad Totonchi, said Iran and Oman are in talks to launch and establish an auto manufacturing plant in this southern Persian Gulf country. Speaking to the media on Thursday, Totonchi said Iran is to build an auto manufacturing plant in al-Duqm economic zone of Oman….

France set to boost trade ties with Iran: Envoy

French Ambassador to Iran Francois Senemaud said that the country’s state-run and private sectors are determined to beef up its presence in Iran and further strengthen trade ties with it. In a meeting with managing director of Qeshm Free Zone Organization Hamid Reza Momeni, he added that while companies such…

Foreign investment up by 42% in post-JCPOA era

The rate of foreign investment has been increased by 42 percent during the past 12 months thanks to the implementation of the Joint Comprehensive Plan of Action (JCPOA), an Iranian official said on Tuesday. Speaking to IRNA, Managing Director of Central Securities Depository of Iran Mohammad-Reza Mohseni said over 264…