Bright future for Iran-German trade ties

Indications are growing that the richest European country, Germany, is set to return as Iran’s top trade partner again with officials saying that plans have been devised to increase trade between the two countries by four folds. As Iran starts returning to the global economic stage following the landmark nuclear…

Arak HEPCO capacities introduced to Italian investors

Capabilities and production capacities of Arak HEPCO Company were introduced on Wednesday to a delegation of Italian investors from CNH Company and Iranian activists in industrial sector from the province. Director General for economic affairs coordination of Governorate General of Markazi Province Mahmoud Nemati said that removing sanctions has created…

S. Korean big trade delegation due in Tehran

A 300-member trade delegation from South Korea is due to visit the Iranian capital over the weekend, according to Kazem Soltan-Ahmadi, Iran’s cultural attaché in Seoul. Speaking to IRNA, Soltan-Ahmadi said that the South Korean delegation is to visit Iran for the 11th Iran-South Korea Joint Economic Commission. Iran-South Korea…

China among main importers of Iranian hand-woven carpets

Head of the Iran’s National Carpet Center Hamid Kargar said here on Thursday that China is considered as the 10 main countries that import Iranian hand-woven carpets. Talking to IRNA, Kargar reiterated that China keeps increasing the volume of its import of Iranian hand-woven carpets everyday. ‘The volume of exported…

Spain to make investment in Iran’s petchem industry

Simultaneously with the enthusiasm expressed by the big European companies for being present in the Iranian petrochemical industry, the SERCOBE Company of Spain has announced its readiness in this regard. Marcel Riudavets Slangen, SERCOBE’s Export Director, in a meeting with Managing Director of the National Petrochemical Industries Company Marziyeh Shahdaei…

Ambassador: Denmark ready to solve fresh water problem in Iran

Ambassador of Denmark in Iran said his country is ready to solve the problem of fresh water in Iran with the cooperation of a Danish company active in the field of supplying fresh water. Danny Annan, in a meeting with members of the Chamber of Commerce, Industries, Mines and Agriculture…

Iran to become top energy player in region: Deputy minister

Iran can become a major energy player in the Middle East region, a deputy petroleum minister said. ‘Regarding the abundance of hydrocarbon resources in Iran, a bright future awaits future generations in the country and we are supported to mind their rights regarding these resources,’ said Mohammad-Reza Moqaddam, who is…

EU, US firms lining up to join Iran petchem projects: CEO

A deputy petroleum minister says American firms have joined their European rivals to wade into Iran’s petrochemical industry now that sanctions have been lifted. Marziyeh Shahdaei, a deputy petroleum minister in petrochemical affairs, told a meeting with senior petrochemical executives from Persian Gulf Holding Company on Monday that following the…

Dy minister calls for modernization of oil industry to boost output

Following implementation of the Joint Comprehensive Plan of Action and the removal of sanctions, Iran has been provided with an opportunity to import new and sophisticated technologies to boost energy production, says deputy oil minister. ‘Following the implementation of the JCPOA Iran can regain its position as the main regional…

16 foreign automakers to come to Iran

Secretary General of the 3rd International Auto Industry Conference and the 1st International Auto Exhibition announced presence of 16 foreign automaker companies, including Volvo, Scania, Peugeot, Fiat and Kia in the exhibition next week. He said out of the total number five are Chinese. Sassan Qorbani further remarked that during…