NPC in talks with 2 German firms to open 12b Euro credit line

Director of the Investment Department at National Iranian Petrochemical Company (NPC) Hossein Alimorad says his company is busy in talks with two German companies to open credit lines of 12 billion euros. Alimorad, briefing a press conference on petrochemical investment and financing, said the investment and capital attraction and financing…

Belgian pharmaceutical firm keen on cooperation with Iran

The Sales Manager of the Belgian Coris BioConcept Company said his company is seeking cooperation with Iran in selling products and starting laboratory and research activities with Iranian pharmaceutical firms and research centers. Jean-Marie Hoornaert who had a trip to Iran to take part in Iran-Belgium Trade Conference and B2B…

Iran, Oman hold joint meeting with Total, Shell, KOGAS on gas exports

Iran and Oman held a joint meeting with representatives of Royal Dutch Shell, Total SA of France and Korea Gas Corporation (KOGAS) on cooperation and partnership in Iranian project for export of gas to Oman. Directors of National Iranian Gas Export Company and senior directors of Oman Ministry of Petroleum…

Iran, China underline boost of transportation cooperation

Visiting Minister of Roads and Urban Development Abbas Akhundi and the China’s Minister of Transport Li Xiaopeng in a meeting on Monday underlined promotion of mutual cooperation. Akhundi and Xiaopeng underlined enhancement of relations in fields of rail and road transportation and the infrastructure. The Iranian road minister referred to…

Ground ready for cooperation with Iranian companies: European entrepreneur

Ground is prepared for cooperation between Iranian and European companies, a visiting European entrepreneur said on Sunday. Speaking to IRNA, Production Manager of Pengg Kabel Company Gerd Pichler said that competition with China is the European company’s big challenge to enter Iran’s market. Despite their low-quality, the Chinese products are…

Zarif: Iran market one of largest in region

Foreign Minister Mohammad Javad Zarif said here on Thursday that Iran’s market establishes one of the largest regional markets. ‘Because of its regional connections, Iran has successfully created a large market with around 400 million consumers,’ Zarif told a gathering of Iranian and Slovakian businessmen. ‘As a big member country…

Western companies eager to trade with Iran: European tradesman

Managing partner of Arjan Capital Ltd Andreas Schweitzer has said that Western companies are eager to trade with iran regardless of the US election outcome. Speaking in an exclusive interview with IRNA correspondent in London, Schweitzer commented on the future of trade relations between Iran and the West. He noted…

First Austrian bank subsidiary to open in Tehran

The first subsidiary of an Austrian bank is due to open in the Iranian capital, says Friedrich Stift, Austrian Ambassador to Tehran. The Austrian banks are intended to return to the Islamic Republic, Stift said on Monday in the Iran-Austria business forum held at the Tehran Chamber of Commerce, Industries,…

Italy to invest in Iranian petchem industry

Deputy Head of the Commercial Development Section in Italian Embassy in Tehran Tony Giardini says Italians are ready to invest in Iranian petrochemical industry. Corradini said Iranian and Italian oil and gas industries share firm bonds as is testified by design of two refineries in Italy to use Iranian crude…

No limits on return of int’l shipping lines to Iran

Head of Iran’s Ports and Maritime Organization Mohammad Saeidnejad said there are no restrictions on return of International shipping lines to Iran. Following the implementation of Iran’s nuclear deal known as the Joint Comprehensive Plan of Action (JCPOA), Saeidnejad said, Denmark’s Maersk shipping group has voiced its readiness to return…