The MoU was sealed on the sidelines of an economic conference held in Kiev, Ukraine.Shafeie expressed hope that the MoU would develop economic relations between the two countries.During the meeting both sides reviewed ways to promote commercial, industrial and agricultural cooperation.An Iranian delegation arrived in Ukraine on Monday to hold …
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MP calls for launching Tehran-Pretoria direct flight
In the meeting, the two sides discussed removing banking obstacles, establishment of direct flights between Tehran and Pretoria as well as execution of signed agreements and using existing economic capacities between Iran and South Africa.Khodadadi pointed to the growing trend of communication between the two countries in different arena of …
Read More »Iran awaiting permission for 95 ton aid shipment to Bangladesh
Salami told IRNA that the aid shipment depends on extension of permission to flight of cargo plane to Bangladesh.He said earlier, 40-ton aid consignment was to be flown to Bangladesh, but Iran voluntarily raised the weight of the bulk of donation regarding pressing need of the Muslims in need.He added …
Read More »Iran, Armenia to build 3rd line for electricity transfer
The two sides also exchanged views on expansion of relations in other domains, including energy, roads, agriculture and trade as well as tourism.They said the presence of more than 40 Iranian companies in a four-day exclusive exhibition in Armenia will serve as an opportunity for increasing cooperation, exchange of views, …
Read More »Iran's 22.3-million-euro blocked assets in Cuba, Sri Lanka released
Rezvani said the preliminaries for payment of the resources were made following frequent visits in the post-JCPOA era.He said that on the first leg, eight million euros out of the blocked assets were released in Cuba and 14.4 million euros more have been freed in Sri Lanka.He added that had …
Read More »Foreign investor hopes for construction of desalination water
He made the remarks in a meeting with director general and other directors of Chabahar Free Trade Zone on Monday.Dominique said the company started its work in 1995 on gas, water, electricity and solar energy and now in three continents of Europe (Portugal, Spain, France, Belgium, The Netherland and Czech …
Read More »G20 Summit: US-Europe deep energy dispute
The full text of Bahman's article appeared in the latest issue of the Iran Petroleum monthly follows:The G20 group of countries holds 85% of world economy. The group includes eight industrialized countries (eight big economics) and 11 emerging economies. Argentina, Australia, Brazil, China, Germany, France, Britain, India, Indonesia, Italy, Canada, …
Read More »OPEC united against cheap oil
According to the 61st edition of the Iran Petroleum, the decision by the oil producers was adopted at a time that market is faced with supply glut. Due to the oversupplied market, oil prices have been halved in recent years, damaging revenue of oil producers. In addition to the 14-member …
Read More »Top European banks to establish brokerage ties with Iran
At the beginning of post-JCPOA era, only small and medium-sized European banks established ties with Iran but now big banks are also after maintaining relations with their Iranian counterparts, Ali Salehabadi said.He pointed to Belgium's KBC Bank (Private banking company) and Austrian Oberbank as examples of the pioneers to this …
Read More »Rouhani urges Iran, Azerbaijan to take advantage of capacities
President Rouhani made the remarks Sunday in a meeting with Azerbaijan President Ilham Aliyev.The meeting was held on the sidelines of the Organization of the Islamic Cooperation (OIC) Summit in Kazakhstan.He underscored the importance of finalizing railway project between Iran and Azerbaijan, and said the project will be advantageous not …
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