Economy

Managing Director of national flag carrier, Iran Air, Farhad Parvaresh was present in the ceremony on Tuesday.All planes will be imported to the country by Wednesday.Following the JCPOA and lifting of sanctions as a result, an MoU was signed by Iran and Italian French ATR company for purchase of 20 …

Petroleum Ministry website reported on Tuesday that an Indian delegation, headed by Indian foreign secretary S Jaishankar, met Iranian Minister of Petroleum Bijan Zangeneh to discuss ways of expanding mutual oil cooperation. The two sides touched on the offer of the consortium of OVL (ONGC Videsh Ltd.) for development of …

During the meeting which started on Monday, regional countries exchanged views on expansion of cooperation to execute food security and safety codes.The goal of the 17-member coordinating committee of food codes for Near East, is to ease the international food exchange and preserving food products in the right way.Head of …

Talking to the Islamic Republic News Agency (IRNA) at the end of the two-day Forum on Silk Road International Cooperation in Beijing on Monday, Tayyeb-Nia added that Iran has unique and ideal conditions for the initiative project introduced by President Xi Jinping and that the country is also planning to …

Tayebnia is now in Beijing to attend the international conference on Silk Road and was welcomed by his Chinese counterpart.In the meeting, the two ministers reviewed issues of mutual interests and methods to meet the financial needs of Chinese banks which are to be engaged in infrastructural projects in Iran.The …

[unable to retrieve full-text content]Tehran, May 15, IRNA – Director for public relations office of Civil Aviation Organization (CAO) Reza Jafarzadeh said on Monday that 48 foreign airlines are presently active in Iran. www.irna.ir

The mission traveled to Iran to get acquainted with the economic infrastructures and boost trade interactions with those commercially involved in Alborz Province.The mission consists of officials from companies active in agriculture, airplane and automobile electronic parts, automobile parts, pig iron, building materials and furniture, environmental structures, water filtration equipment, …

Head of the visiting South African delegation Sima Saratha in a meeting with businessmen from Alborz Province, 35 km northwest of Tehran, expressed Cape Town's readiness to bridge the Iranian province and Balkan countries.Meanwhile, South Africa economic attaché in Tehran Sarah Din said the country's businessmen are enthusiastic to have …

During sanctions era, we suffered some technical problems, lack of connection to West's advanced countries and problems in supplying equipment, Deputy Vice-Prsident of the National Iranian Drilling Company (NIDC) Mohammad Reza Takaydi said.'Since Joint Comprehensive Plan Of Action (JCPOA), we were able to make contact with the Western companies, including …

Referring to the existing trade and economic exchanges between Iran and South Africa, Max Philemon Whitehead said Implementation of Iran nuclear deal, known as the Joint Comprehensive Plan of Action (JCPOA) made it easier for the two countries to maintain ties and safeguard mutual interests. Whitehead said that now the …