Spokesman: Iran attracts $3.48b foreign investment
Government spokesman Mohammad-Baqer Nobakht said in this northern province on Saturday Iran has attracted $3.4 81billion foreign investment after the Joint Comprehensive Plan of Action (JCPOA) inked between Tehran and P5+1. Speaking in a local gathering in Sari, Nobakht stressed that the investments have been made in 41 projects nationwide….
Iran minister, Singapore company in talks on foreign investment
Iranian Minister of Cooperatives, Labor and Social Welfare Ali Rabiei who is visiting Singapore has discussed ways of absorbing foreign investment with top officials of a Singapore-based asset management company. During the meeting with Rabiei on Wednesday, officials of Oclaner Asset Management Ltd. said that their company is able to…
Iran calls for cooperation with China on tourism
Vice President Masoud Soltanifar on Wednesday, referring to the historical-cultural ties between Iran and China, called for stronger tourism ties between the two countries. Chief of the Cultural Heritage, Handicrafts and Tourism Organization made the remarks at an Iran-China tourism conference in the Chinese capital. Getting familiar with Iranian civilization…
Iran, Turkey to cooperate on water treatment, management
Energy Minister Hamid Chitchian met with Turkey’s Minister of Forest and Water Management Veysel Eroglu on Tuesday on the sidelines of OIC ministers meeting. Chitchian elaborated on the water shortages in the Muslim World geography, calling for bilateral and multilateral cooperation of Organization of Islamic Cooperation (OIC) members in this…
Norwegian envoy calls for developing economic ties with Iran
In a meeting with Deputy Minister and President of the Organization for Investment, Economic and Technical Assistance of Iran Mohammad Khazaei, Norwegian ambassador to Iran called for developing economic cooperation and removing obstacles. Norheim Aud Lise expressed Norwegian private and state sectors’ interest in investing in Iran. Describing the situation…
President: Iran is a trustworthy partner to international community
President Hassan Rouhani said on Sunday that the Islamic Republic of Iran is a trustworthy partner to the international community. The president made the remarks in a meeting with ambassadors and heads of Iranian representative offices abroad. President Rouhani said that the diplomatic organ (Foreign Ministry) is tasked with diplomatic…
Saipa, Citroen to conclude contract after finalization of talks
Deputy Minister of Industries, Mines and Trade for Industries Affairs, Mohsen Salehinia, said on Sunday that Saipa and French Citroen are in talks, nearing conclusion of a contract. Talking to IRNA, Salehinia said the two sides have in their talks even ascertained the amount of joint venture investment and the…
Iran, Spain start cooperation in petrochemicals
The manager of a Spanish company has said the two countries have started new joint petrochemical projects. Chief Executive Officer of AIRSEC S.A. Javier Lopez who participated in The 21st Iran International Oil, Gas, Refining and Petrochemical Exhibition told IRNA that the documents signed with Iran were related to state…
Pak min. assures businessmen to pave way for trade with Iran
Pakistan Minister for Commerce Khurram Dastgir Khan has assured businessmen to resolve issues related to Iranian market on priority basis and pave the way for enhanced trade with Iran. The minister gave the assurance during a meeting with the chairman of Pakistan Fruit and Vegetable Exporters, Importers and Merchants Association…
Korean corporation invests $70m in Iran
Korean Chemical Corporation Teekay which produces spandex fiber has invested $70m in Iran. The company said the new investment increases production which could be sold in Iran and Middle East markets. The corporation announced that construction of spandex factory will start soon and it is expected to open in 2019….