Russia sees possibilities for Russia-Iran cooperation in energy, agriculture, defense
Removing sanctions against Iran can contribute to the development of the Russian-Iranian cooperation in a number of areas, including energy, agriculture and the military-industrial complex, an official with Russia’s Central Bank told TASS. ‘Lifting the sanctions against Iran, on the one hand, it may contribute to the development of Russian-Iranian…
US firms can do Iran business via EU
The recent lifting of the economic sanctions against Iran has already started a rush among international corporations to start to set their feet in the country’s vast consumer market of around 80 million. While the European enterprises may be the first to benefit from the opening of Iran’s doors to…
World’s biggest bank requests to set up branches in Iran
A top banking official in Tehran said on Thursday that the Industrial and Commercial Bank of China (ICBC) – the world’s largest bank by total assets – has request to open branches in Iran. Hossein Yaqoubi Miab, the director for the international affairs of the Central Bank of Iran (CBI),…
Suzuki says eager to return to Iran
Japan’s Suzuki Motor Corporation said on Thursday that it is considering re-entering the Iranian market after the recent removal of the economic sanctions on the country. “We signed a licensing deal with Iran Khodro Industrial Group for local production in 2005. With the recent easing of sanctions, we’d like to…
Slovak deputy PM in banking talks
Expanding banking ties with Slovakia can help facilitate economic and trade relations between the two countries, Valiollah Seif, governor of the Central Bank of Iran said Wednesday. In a meeting with Slovakia’s Deputy Prime Minister Peter Kažimír, Seif proposed the establishment of a joint committee to help pave the way…
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…
Petronas to resume cooperation with Iran
Malaysia’s fully integrated petroleum corporation, Petronas, on Wednesday announced that it will purchase oil from Iran after three years of gap in cooperation with the country. Petronas President & CEO, Wan Zulkiflee Wan Ariffin, said on Wednesday that each barrel of oil can be sold for about 30 dollars on…
IRAN’S PETROCHEMICAL COMMERCIAL COMPANY considers sales offices in Europe, America
Iran’s Petrochemical Commercial Company is considering plans to open sales offices in Brazil, Switzerland, Germany and the UK after the removal of western sanctions on its civilian nuclear program, the company’s chief executive said on Saturday. ‘PCC has nine offices worldwide, including in India, Germany, Singapore, the UK and South…
