US Treasury lifts sanctions imposed on Iran’s Central Bank, oil trade
The US Department of the Treasury released a set of documents, which define the sanctions lifted from Iran, including the restrictions imposed on Central Bank of Iran and National Iranian Oil Company (NIOC). The move was made because of the Joint Comprehensive Plan of Action (JCPOA) implementation which has officially…
Australia to lift sanctions on Iran
Foreign Minister of Australia Julie Bishop has said that Sydney would lift its sanctions against Iran within days. “I welcome today’s announcement that Iran has met its commitments under the Joint Comprehensive Plan of Action nuclear deal,” said the Australian minister in a statement appeared on the country’s Foreign Ministry…
MAPNA can produce Petroleum Ministry machinery, says company chief
Iran Power Plant Projects Management Company (MAPNA) is capable of manufacturing all the machinery needed by the Petroleum Ministry, says the managing director of the engineering company. ‘MAPNA, in cooperation with other industries in the country, can meet all the needs of the Petroleum Ministry,’ Abbas Aliabadi told journalists on…
Ambassador: JCPOA opens new chapter for regional cooperation
Iran’s Ambassador to Kabul Mohammad Reza Bahrami said on Sunday that implementation of the Joint Comprehensive Plan of Action will open a new chapter for enhanced relations and cooperation with the regional countries. He said in an exclusive interview with IRNA that termination of the arbitrary sanctions proved that adopting…
1,000 LCs opened on 1st day of lifting sanctions: ICCIM
Head of Iran Chamber of Commerce, Industries, Mines and Agriculture Mohsen Jalalpour said on Sunday that 1,000 LCs were opened on the first day of implementation of the Joint Comprehensive Plan of Action. Jalalpour told reporters on the sidelines of the meeting of the group of representatives of Iranian Chamber…
CBI Governor predicts boost in exports in post-sanctions era
Governor of Central Bank Valiollah Seif said on Sunday that Iran would encourage investment in producing sector and boost exports to countries of the region in post-sanctions era. He made the remarks in a meeting with Luxembourg Parliament Speaker Mars Di Bartolomeo. Seif said that implementation of JCPOA would prepare…
Iran in oil talks with Norwegian, Swiss-German firms on oil reserves
Head of Reservoir Studies and Field Development Department of the Research Institute of Petroleum Industry (RIPI) said on Sunday that talks were held with Norwegian and Swiss and German companies to smartify oil wells and horizontal drilling in thin, low permeable layers. Mohammad Karamati said that strengthening cooperation with major…
Iran’s accounts in foreign banks to reopen on Monday
Deputy governor of the Central Bank of Iran said that Iran’s blocked accounts in foreign banks will be reopened as of Monday, paving the path for transferring country’s monetary assets to Iran. Gholamali Kamyab who was speaking in a press conference said in response to IRNA reporter’s question on the…
Indonesia calls for using Iranian companies’ capacities
Minister of Public Works and Housing of Indonesia Basuki Hadimuljono called for using Iranian companies’ capabilities in order to develop infrastructures in Indonesia. He made the remarks in a meeting with a group of Iranian firms’ directors in Jakarta. A delegation comprising 13 directors of Iranian companies active in the…
