IKCO chief calls for investment in car-making industry

Managing director of Iran Khodro Industrial Group Hashem Yekkeh Zare said that given the increase of car production to three million by 2025 and the need for export of one third of the figure, fresh investments should certainly take place in the sector. Talking to reporters on the sidelines of…

Iran inks 3 agreements with Sweden, Turkey, India

The Iranian companies inked three agreements with Sweden, Turkey and India in the fields of auto industry here on Monday. The agreements were inked in the 3rd Iran Automotive Industry international Conference which is currently underway in Tehran. The 3rd Iran Automotive Industry International Conference opened in Tehran on Monday….

Iran, Austria sign agreement on environment protection

Iran and Austria on Monday signed agreement on environment protection. Head of the Department of Environment of Iran Masoumeh Ebtekar and Austrian Minister of Agriculture, Forestry, Environment and Water Management Andra Rupprechter signed the agreement. During the signing ceremony, Majid Shafipour, the head of the Center for International and Conventions…

S. Korea allocates $5bn finance line to Iran infrastructure projects

Deputy roads and rural development minister for international and financial affairs said on Monday that South Korea has allocated a five-billion-dollar finance line for implementing infrastructure projects in Iran. Asghar Fakhriyeh-Kashan said that the Koreans have among Iran’s proposed projects for joint foreign investment chosen making investments in construction of…

Paris ready to develop economic-industrial cooperation with Tehran

France Foreign Minister’s Advisor, Jacques de Lajugie said that there is suitable ground for Tehran-Paris economic and industrial cooperation and it is welcomed by France. Speaking in a meeting with Bank of Industry and Mines’ (BIM) chairman and the head of the board of directors Ali-Ashraf Afkhami, Lajugie said that…

Iran, Swiss manufacturing firms can sign joint venture deals

Head of Iran’s Chamber of Commerce, Industry, Mines and Agriculture Mohsen Jalalpour said on Saturday that Iran and Swiss manufacturing companies would sign joint venture deals to produce goods for export to the regional markets. He made the remarks in a meeting of Iran-Switzerland economic activists. Jalalpour talked about old…

Finland keen on investment in clean technology, environment in Iran

Finland official said on Saturday that companies active in the fields of clean technologies, renewable energy and water and waste water industry are to visit Iran to consider grounds for investment and joint cooperation. Project Director of Finland Trade Development Organization Luta Iroma said that Minister of Agriculture and Environment…

‘Road map’ agreed for Iranian Swiss relations

Switzerland and Iran have decided to boost talks aimed at closer bilateral relations, including trade and human rights. During a two-day visit to Tehran by a high-ranking Swiss delegation, President and Economics Minister Johann Schneider-Ammann said both sides agreed a ‘road map’ for further talks on the ratification of a…

China among 10 major importers of Persian carpet

China, which was once Iran’s rival in global carpet trade, has now become one of the ten major importers of hand-woven Iranian carpet, said head of Iran National Carpet Center (INCC) on Thursday. Hamid Kargar added that the export of hand-woven Iranian carpet to China has increased from $8,000 to…

Russian energy minister to visit Iran in March

Russian Energy Minister Alexander Novak is scheduled to visit Iran in March within the framework of the Russian-Iranian Intergovernmental Commission. ‘I will travel to Tehran as head of Russia-Iran Joint Economic Commission in a bid to broaden economic and trade cooperation between the two countries in March,’ Novak told FNA…