Official: Tehran, Moscow set to promote economic ties

Visiting Deputy Economy Minister Mohammad Khazaei said the ground is properly prepared for expansion of economic relations between Iran and Russia. Talking to IRNA, Khazaei reiterated that he had discussed the ways for expansion of relations with Russian officials during the past two days. Pointing to his meeting with his…

Envoy: India deems Chabahar port as important

Indian Ambassador to Tehran underlined the importance of Iran’s Sistan and Balouchestan province, especially Chabahar port city, for his country. ‘Sistan and Balouchestan province, particularly Chabahar port city, is of special importance for India and it is an important linking path,’ Saurabh Kumar said. Kumar said that Chabahar has suitable…

Foreign investors receive 3-year work permit in Iran

Foreign investors will be provided with work and sojourn permit for 3 years for at least 300,000 dollars investment, Director General for Foreign Nationals Employment Department of Ministry of Cooperatives, Labor and Social Welfare Ali Aqbali said on Monday. Aqbali said that the department adopted legal instrument to distinguish businessmen,…

Italy keen on cooperation with Iran on biological farming

Minister of Agriculture, Food and Forestry Policies Maurizio Martina said on Tuesday that Italy is willing to develop cooperation with Iran on biological farming. He made the remarks at Tehran Chamber of Commerce, Industry, Mines and Agriculture. He said that Italy has 1.300 million hectares of biological farmland and possessing…

Iran, Italy can cooperate on food supply to markets of region

Head of Tehran Chamber of Commerce Masoud Khansari said on Tuesday that Iran and Italy can cooperate on food supply to take a large part of markets of the region. He made the remarks in a meeting in Tehran with Italian Minister for Agricultural, Food and Forestry Policy, Maurizio Martina….

Iran, Italy ink MoU to jointly produce strategic oil items

Iranian and Italian industrialists signed a contract to jointly invest in construction of a factory to provide strategic oil industry items. The deal was signed on the sidelines of a joint meeting between Iranian and Italian businesses in Tehran to discuss joint ventures and cooperation in a ban-free Iran. Accordingly,…

Italian Minister calls for joint venture production

Minister of Infrastructures and Transportation of Italy Graziano Delrio said on Tuesday that joint venture production is on agenda of Italian industrialists coming to Iran to develop economic cooperation. Delrio made the remarks on the sidelines of Iran-Italy Economic Commission in Tehran. He told reporters that one-way export is not…

Iran oil industry needs $200b in development investment: Zangeneh

Oil Minister Bijan Zangeneh said that Iran’s oil industry’s upstream and downstream sectors require investments up to 200 billion dollars stressing that foreign resources should be attracted because domestic resources are not sufficient to provide for the investment. “To develop the joint fields and enhance recovery of oil reservoirs as…

Greek prime minister due in Tehran

Greek Prime Minister Alexis Tsipras is scheduled to come to Tehran heading high ranking politico-economic delegation. Greek Newspaper ‘Ethnos’ wrote on Saturday edition that Tsipras will meet with senior Iranian officials to discuss bilateral, regional and international issues during his 2-day visit. Ethnos wrote that the two civilized nations of…

Barcelona Chamber of Commerce ready for economic cooperation with Iran

Barcelona Chamber of Commerce is ready for expansion of economic cooperation with Iran, especially Fars province, said head of the entity’s International Relations Department, Joseph Maria Gomez. In a meeting with the head of Fars province Industry, Mines and Trade Department, Ali Hemmati, he referred to his visits to industrial…