Italian company to help Iran develop railway network
Italy’s state-run company known as Ferrovie dello Stato (FS) in a statement announced that it has signed an agreement with its Iranian counterpart to develop Iran’s railway system. The agreement was signed by Abbas Akhoundi, Iran’s minister of transport, and Graziano Delrio, Italy’s minister of infrastructure, during a four-day visit…
Iran offers ‘huge opportunity’ for Irish exporters: Irish Examiner
Irish exporters are missing out on a “huge opportunity” to take advantage of the newly-open economy in Iran, the head of the country’s export association has claimed. A slow response from government agencies to the lifting of economic sanctions last month has allowed others to steal a march on tapping…
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…
