Greece discusses crude oil purchases from Iran – Greek energy minister

Greece held talks on Friday on restarting crude oil purchases from Iran after the lifting of nuclear-related international sanctions last week, Greek Energy Minister Panos Skourletis said. Skourletis met Iran’s Deputy Oil Minister Amir Hossein Zamaninia in Athens. ‘They (Iran) are positively disposed towards and think that Greece can be…

Iran, China sign protocol for ICT cooperation

Iranian Minister of Communications and Information Technology Mahmoud Vaezi and Chinese Minister of Industry and Information Miao Wei on Friday signed the document for expansion of Iran-China cooperation in nformation and communication technology (ICT) . The document highlights R&D cooperation, development of ICT infrastructures and cooperation in satellite. The document…

Hungary eager to expand cooperation with Iran

Hungarian deputy speaker István Jakab said on Friday that his country wants expansion of all-out cooperation with Iran. Jakab told Vice-Speaker of Majlis Mohammad-Hassan Abutorabifard that the structure and framework of mutual cooperation in the future need to be drawn up and confirmed by the two sides. He urged mutual…

22-member Thai delegation to visit Iran

Iran’s Commercial Attache in Thailand Mohammad Pakseresht said on Friday that a 22-member Thai delegation, headed by Thai Foreign Minister Don Pramudwinai, is to visit Iran to take part in the 9th Iran-Thailand Joint Cooperation Commission session. Pakseresht told IRNA that Pramudwinai will during his stay in Iran take part…

France to invest in Iran social security sector

Senior Vice President for Business Development in French Prezioso Linjebygg company, Jean-Louis Chassagne, said on Friday that France is ready to transfer capital and invest in the Social Security Organization’s branches. Speaking to Managing Director of the Social Security Organization, Seyed Taqi Nourbakhsh, in Tehran on Friday, Chassagne said his…

S Korea KEXIM bank eyes 5b euro financing deal with Iran

The state-run Export-Import Bank of Korea (KEXIM) said on Tuesday it plans to sign an agreement with Central Bank of Iran on providing up to about 5 billion euros in financing for South Korean companies doing business there. The specialist trade financing bank said in a statement it plans to…

UK gov’t backs trade expansion with Iran

United Kingdom Export Finance has reintroduced a £50 million ($ 71.2 million) cover to support UK companies seeking to compete for business in Iran, following the lifting of the sanctions against Iran on Saturday. Francis Maude, UK’s minister for trade and investment, said the UK government fully supports expanding trade…

World biggest solar power plant to be set up in Isfahan

World’s biggest solar power plant with the capacity of 1,000 megawatts will be set up in Sagzi in Isfahan with the contribution of German experts. Addressing the closing ceremony of the International Investment Opportunities Summit in Creative City of Isfahan late on Thursday, Ashton Flooring, representative of German Company, said…

Indonesian VP calls for Iranian company’s participation in infrastructure

Indonesian Vice-President Jusuf Kalla called for expansion of constructive and growing relations with Iran and underlined his country’s interests to develop economic ties with Tehran. He made the remarks in his work office in Jakarta on Thursday while receiving Iran’s Ambassador to Indonesia Valiollah Mohammadi and a number of directors…

20 foreign banks say ready to work with Iran

Iran’s media said on Thursday that at least 20 foreign banks have announced readiness to cooperate with the country over international transaction issues as soon as the sanctions against Tehran are lifted. Mansour Tafazzoli, the director for international affairs of Parsian Bank has been quoted by ISNA news agency as…