Grounds for attracting investment prepared: President

Today, the conditions and grounds have been prepared for attracting (foreign) investment, President Hassan Rouhani said. Today, the world leaders who travel to Iran are accompanied by delegations consisting of representatives from tens of important economic companies, President Rouhani wrote on his picture-sharing app Instagram. He made the remarks while…

Tehran, Seoul to ink MoUs on oil, gas, petrochemical cooperation

Tehran and Seoul will sign a comprehensive memorandum of understanding (MoU) to boost oil exports and invest in LNG, refinery and petrochemical industry during South Korean president’s visit to Iran. President Park Geun-hye arrived in Tehran Sunday for first time to open new chapter in the two countries’ economic cooperation,…

Iran, S. Korea to sign cooperation deals on IT

Minister of Communications and Information Technology Mahmoud Vaezi said on Saturday that a document for promoting Iran-South Korea cooperation in the field of communications and information technology is being compiled to be signed by the two countries’ communications ministers soon. Talking to IRNA, he said Iranian and South Korean companies…

Switzerland keen to invest in Iran

A group of visiting Swiss economic directors called for making investments in Iran’s capital market. The Swiss directors visited Securities and Exchange Organization (SEO) in Tehran and got familiarized with opportunities in post sanctions era in Iran, then expressed willingness to invest in Iran’s capital market. The Swiss visitors hoped…

Iran welcomes investment in oil, gas sectors: Ambassador

Iran’s Ambassador to Poland Ramin Mehmanparast said on Friday that the country welcomes Polish companies’ joint investment ventures with their Iranian counterpart in the oil and gas sectors. In a meeting with Polish Energy Minister Krzysztof Tchórzewski, Mehmanparast also underscored Iran’s cooperation capacities in fields of trade and economy. Mehmanparast…

Iran, Turkey to expand economic cooperation

Head and members of the Turkish side of Iran-Turkey Trade Council on Tuesday met and conferred with Iran’s new ambassador to Turkey Mohammad-Ebrahim Taherian, discussing lifting impediments on the way of cooperation of Iranian and Turkish private sectors. The Turkish side included members of Foreign Economic Relations Board of Turkey…

Iran, South Africa sign MoU on water resources management

A memorandum of understanding (MoU) on water resources management was signed by Iran’s Ministry of Energy and South African Energy Ministry in Tehran. The MoU was signed by Minister of Energy Hamid Chitchian and his counterpart from South Africa Tina Joemat-Pettersson in the presence of the presidents of both countries….

Italian company sign MoU to build solar power plants in Qazvin

A memorandum of Understanding (MoU) for joint venture investment by Italian Companies of Dynkun and Genesis and Qazvin Governerate General to build 100 solar power plants was signed on Sunday afternoon. The MoU was signed by representative of Qazvin Governorate General Mohammad Ali Qassemi and Managing Director of Electricity Distribution…

Zuma: South Africa aims $8 billion annual trade with Iran in 4 years

South African President Jacob Zuma said on Sunday that South African government is willing to increase annual trade with Iran to eight billion dollars in matter of four years. He made the remarks in a Conference on Iran-South Africa trade in the venue of Iran Chamber of Commerce, Industry, Mines…

Swedish minister says Swedish companies keen on investment in Iran

Swedish Energy Minister Ibrahim Baylan said on Saturday that Swedish companies are keen on investment in Iran’s various energy sectors. Speaking after a meeting with Iran’s Minister of Petroleum Bijan Zanganeh, Baylan said that representatives of several Swedish companies, having a record of business in Iran, accompany him to Tehran.