Romania asks for broadening of ties with Iran in oil, gas industries

Governor-General of Romania’s Prahova Province in a meeting with Iranian ambassador to Bucharest underlined the need for the expansion of bilateral ties between the two countries in different areas, specially in oil, gas and agro industries. ‘Prahova province is the biggest oil-rich province of Romania and the country’s oil university…

Malaysia willing to promote ties with Iran

Malaysian Minister of International Trade and Industry Mustapha Mohamed said on Friday that his country has planned to boost trade relations with Iran in the post-JCPOA era. Mohamed said that Malaysia continues to look at Iran as an important destination for Malaysian products. The minister added that Malaysia has had…

South Korea eying active presence in Iran market

Seoul government will expand financial and investment support so local companies can actively gain entry into promising markets such as Iran and India, according to South Korean Prime Minister Hwang Kyo-ahn. Hwang made the remarks during a luncheon meeting on Thursday with export company executives and the chief of the…

WTO members willing to engage with Iran: Chief

Members of the World Trade Organisation are willing to engage with Iran on its accession to the body, but a lot will depend on Tehran’s drive to make proposals during the early stages, the WTO’s director general said on Thursday. Iran, the biggest economy outside the WTO, had signalled its…

Envoy calls for expansion of Iran-China trade ties

Iranian Ambassador to Beijing Ali Asghar Khaji underlined the need for the expansion of trade relations between the two countries. ‘We need to further broaden our trade relations,’ Khaji said on Wednesday, addressing the annual meeting of Beijing-Based Iranian Expatriates’ Chamber of Commerce. Khaji voiced Iran’s readiness to remove the…

What Investors Need to Know About Entering Iran’s Stock Market

As financial sanctions are eased against Iran, foreigners can enter a bourse in Tehran with almost as many listed companies as Istanbul. Inflows may reach as much as $1 billion after six to eight months, estimated Reza Soltanzadeh, a founding partner at ACL Assets Management, an investment firm that focuses on Iran….

1st VP predicts economic growth for next year

Next year is going to be a good year for Iran’s economy, says the first vice president, urging all organizations and institutions to adopt the economy of resistance. ‘The government is confident that next year (Persian calendar), under reforms in economic, foreign and resistance economy policies, the country is going…

Official: Iran, S. Korea capital markets connected

Head of Securities and Exchange Organization reported of forming special workgroups to connect Iranian capital markets to South Korean ones saying that this connection will be regarded as a big achievement for Iranian market. Mohammad Fatanat told IRNA on Monday that Iranian capital market delegation’s recent trip to Seoul aimed…

Iran, UK hold oil industry investment talks: Presidential Aide

Head of the Presidential Office Mohammad Nahavandian said that bilateral meetings were held with British officials and businessmen on investment in oil industry, infrastructure, and environment fields. European companies are interested in participating in Iran’s economic projects as Iran is no longer a sole importer of finished products, IRNA quoted…

Iran, Japan agree on comprehensive investment project worth $10bn

Deputy Minister of Health Iraj Harirchi said on Saturday that Iran and Japan have reached a comprehensive agreement for $10 billion investment, major portion of which presumably dedicated for the health sector. Harirchi, speaking in a ceremony to ink an agreement with a Japanese delegation, hoped that expansion of cooperation…