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Banks told to prepare for sanctions removal

As Iran is moving toward the much-awaited removal of international sanctions, the government has ordered bankers to be ready for the imminent opening up to the international economy. Valiollah Seif, the governor of the Central Bank of Iran (CBI), in a meeting with top bankers on Saturday emphasized that they…

Iran to develop export terminals

Secretary of the Supreme Council of Iran’s Free Trade, Industrial, and Special Economic Zones, Akbar Torkan announced that the government policy is to develop export platforms and terminals and to select free zones based on export approaches. On the sidelines of the first export transportation conference on Sunday, Torkan said…

New plan for Iran gas exports to Caucasus region

Iran is planning to export its gas to Armenian border, then Georgia will receive Iran’s gas there, managing director of National Iranian Gas Company (NIGC) said. Ali Reza Kameli told IRNA that the plan will be implemented according to talks between Iranian and Georgian officials. However, exports of gas to…

Iran starts new era in tourism

Deputy Head of Cultural Heritage, Handicrafts and Tourism Organization (ICHHTO), Morteza Rahmani Movahed informed that a new era has begun in tourism and with cultural and human capital this era can be heralded. Rahmani Movahed in the cosing ceremony of the first International Tourism Brand Conference held in Isfahan. He…

Iran petroleum contracts available for investment: minister

The new model of Iran’s oil and gas contracts, titled Iran Petroleum Contract (IPC), obtained final approval from the government’s Regulations Adjustment Panel, said the Iranian petroleum minister. Speaking to Shana, Bijan Zanganeh said that there is no problem for executing the new contracts. Last November, Iran hosted a conference…

Russia lifts tariff on Iran’s dairy imports

Head of Iran’s Chamber of Commerce, Industry, Mine and Agriculture Mohsen Jalalpour announced that Russia will lift tariff on Iran dairy imports as of January 15, 2016. He made the remarks in a joint meeting with heads of three chambers of Commerce, shopkeepers and co-operative here on Monday. Jalalpour said…

Minister: Denmark proposes to build wind turbine factory in Iran

Minister of Energy Hamid Chitchian announced Denmark’s proposal to build wind turbine factory in Iran and has mutual cooperation to develop renewable energies in the country. He made the remarks after meeting with Danish Foreign Affairs Minister Kristian Jensen here on Monday. Chitchian told reporters that Danish proposed investment to…

Iran seeking to launch shipping bureaus in Europe

Managing-Director of Islamic Republic of Iran Shipping Lines (IRISL) Mohammad Saeedi said on Monday that the company is seeking to open bureaus across Europe. Once the arbitrary sanctions on Iran are lifted, Iranian-flagged ships can travel between Iranian and European ports, Saeedi said speaking to reporters after a meeting with…

Denmark seeks win-win trade co-op with Iran: Danish FM

Visiting Danish Foreign Minster Kristian Jensen said here in a conference on Tuesday that he is in Tehran to pave the way for a win-win trade cooperation between Copenhagen and Tehran. In today’s conference on developing Iran-Denmark economic cooperation, Jensen said his country is determined to strengthen relations with Tehran….

Italy to take its agrofood industry to Iran in February

Italy has planned to take its agrofood industry to Iran in February with a delegation of companies led by Italian Agriculture Minister, Maurizio Martina, IRNA reported on Tuesday. Cooperation in the agrofood sector began during Expo Milano 2015, before the agreement on Iran’s nuclear programme was finalised. Italy intends to…