Iran, China explore bilateral cooperation

On December 23, 2015, Posted by , In News, By , , With No Comments

Iran and China explored ways of cooperation to advance the “one belt, one road” plan. In a three-day meeting in the city of Haikou in the province of Hainan in south of China, officials from both government and non-government sectors of the two countries examined such issues as Iran’s objectives…

India and Iran to seal Chabahar port deal by January

On December 21, 2015, Posted by , In News, By ,,, , With No Comments

India and Iran are trying to iron out irritants and conclude contract by January for the expansion project of the strategically located Chabahar Port, an Indian press report said. The Economic Times said that “official of both sides are negotiating terms of the contract with a hope to conclude the…

Lithuanian firm interested in Iran petchem products

On December 21, 2015, Posted by , In News, By ,,, , With No Comments

Chairman of Lithuanian company IMLITEX said it is interested in buying petrochemical goods from Iranian producers after sanctions are lifted. “There are plenty of opportunities in Iran as a stable country,” Vygandas Blandis told Shana on the sidelines of the Iran Petrochemical Forum (IPF2015) which was held here in Tehran…

Assaluyeh petrochemical zone ‘impressive, fantastic’, foreigners say

A group of foreign participants in the 12th Iran Petrochemical Forum (IPF), went on a one-day tour to petrochemical complexes in the Pars Special Economic Energy Zone (PSEEZ), located in the port city of Assaluyeh, southwestern Bushehr Province. The petrochemical complexes receive gas and gas condensate feedstock from the giant…

Iran’s railroad revolution

On December 21, 2015, Posted by , In News, By , , With No Comments

Following the nuclear deal struck between Iran and world powers on July 14 this year, it is widely expected that sanctions imposed by the UN Security Council will be lifted sometime in January. Once this happens, Iran will be free to start doing business with the many national delegations that…

Iran, China stress political settlement of Syrian crisis

On December 21, 2015, Posted by , In News, By , , With No Comments

Iranian Foreign Minister Mohammad Javad Zarif and Chinese Foreign Minister Wang Yi stressed political settlement of Syrian crisis, China Foreign Ministry’s website quoted the two diplomats. According to the China Foreign Ministry’s website, Zarif and Wang Yi held a meeting in New York on Thursday, one day ahead of the…

Minister: Iran’s joining WTO, win-win business

On December 21, 2015, Posted by , In News, By , , With No Comments

Industry, Mining and Trade Minister Mohammad Reza Nematzadeh described Iran’s joining the World Trade Organization as a win-win agreement and an important step towards creation of a real global organization. ‘Now that after intensive negotiations all misunderstandings of Iran’s nuclear activities has been removed, our next step will be to…

Iran’s private sector ready for boosting ties with Oman: Min

On December 21, 2015, Posted by , In News, By ,, , With No Comments

Minister of Industries, Mines and Trade Mohammad Reza Ne’matzadeh highlighted the positive role of private sector in Iran-Oman economic ties, saying that Iran’s private sector is prepared to step up cooperation with Oman. He made the remarks in a meeting with his Omani counterpart, Masoud al-Sanadi on the sidelines of…

OPEC ceiling indecision favors Iran: Official

On December 21, 2015, Posted by , In News, By ,,,,, , With No Comments

Member countries of the Organization of Petroleum Exporting Countries (OPEC) failed to reach a consensus to put a ceiling to the group’s daily output on December 4. The members therefore decided to stick to OPEC’s policy of producing oil as much as possible to squeeze out unconventional, non-OPEC producers. Shana…

Foreign Investment in IRAN

The government of I.R. Iran welcomes Foreign Investment in IRAN and urges all the foreign investors to attentively peruse Iran’s Foreign Investment Promotion and Protection Act (FIPPA) and its executive bylaws to know their own rights and be informed of the facilities and protections they may enjoy as well as…