Iran-Total deal in petchem to reap $2bn investment

Deputy Minister of Petroleum Marzieh Shahdaie says agreement with French Total Company in the petrochemical sector will result in $2 billion investment. Ministry of Petroleum on Tuesday quoted Shahdaie as saying, “In case of a final agreement, Total will invest up to two billion dollars in Iran’s petrochemical industries.” Outlining…

Airbus A321 to be delivered to Iran in days

Managing Director of the Civil Aviation Organization of Islamic Republic of Iran Farhad Parvaresh has announced that the first French Airbus passenger plane bought by Iran will be delivered to the country in the next few days. Now, an Iranian pilot, co-pilot and crew are in France to fly the…

Tehran, Paris stress expansion of trade, industrial ties

TEHRAN- Iranian Minister of Industry, Mining and Trade Mohammadreza Nematzadeh and French Minister of Finance Michel Sapin in a meeting on Saturday emphasized expansion of trade and industrial relations between the two countries, Shata news reported. In the meeting, which was held in the French capital following Iranian minister’s visit to…

France calls for improvement of banking ties with Iran

Visiting President of French National Assembly Claude Bartolone called for improvement of banking cooperation with Iran in a meeting with Central Bank of Iran (CBI) Chief Valiollah Seif on Wednesday. Bartolone said France supports Iran to execute the Financial Action Task Force (FATF). FATF is an intergovernmental organization founded in…

What Iran achieved through recent contracts with European companies?

Trade and working agreements that were signed between Iran and a host of European companies during a recent European tour of Italy and France by Iranian President Hassan Rouhani have important strategic achievements, which have been missed in most media analyses. Some critics, who have described such contracts as a…

Iran Khodro, Peugeot of France sign a deal

Iran Khodro car maker from Iran and Peugeot of France signed a deal on Thursday to broaden mutual cooperation on automobile industry in Iran. During the current visit of the Iranian President Hassan Rouhani and his entourage to France, the two sides held various round of talks on signing a…

Iran president’s visit to Europe to drum up business: Report

France 24 reported on Monday that President Hassan Rouhani brings the case to Europe this week for Iran as a potential investment bonanza. France 24 said the visit follows lifting of financial sanctions which brought his country of 80 million people back into the world of global commerce. It said…

Iran, France cooperate on pharmaceutical industry

Managing Director of French Pharmaceutical Companies Association (LEEM) Pierre Sarute said on Wednesday that Tehran and Paris have already begun cooperation on pharmaceutical industry. Pierre Sarute said that Iran and France enjoyed satisfactory relations over the past two years in light of their sustainable beneficial ties in remote past. He…