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Iran, Malaysia to boost trade cooperation in local currency

Iran, Malaysia to boost trade cooperation in local currency

Kamyab who is currently in Kuala Lumpur at the head of a banking delegation, said that Iran welcomes Malaysian banks’ enthusiasm to open accounts in Malaysian currency, ringgit, in the Iranian banks. He added that the Chinese Yuan or Japanese Yen can also be used in transactions if deemed necessary.Commenting …

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Iran, Indonesia: Commonalities, opportunities for cooperation

Iran, Indonesia: Commonalities, opportunities for cooperation

Indonesia as one of the main poles of the Association of the Southeast Asian Nations (ASEAN) experienced a six percent growth in gross domestic product (GDP) between 2008 and 2013 and is considered a newly-emerge economy with vast capacities for cooperating with other countries. Iran also as one of the …

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Iran joins Renault, Peugeot supply chain

Iran joins Renault, Peugeot supply chain

Speaking in the ceremony to sign the contract on Friday, Chairman of RISECO Board of Directors Hamidreza Samadi said that MECAPLAST is one the biggest spare parts suppliers of France.Samadi pointed to thirty-percent exports of products, saying this condition has been set by Iran’s request since 'our activities are not …

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Iran’s envoy calls for promotion of bilateral trade with Pakistan

Iran’s envoy calls for promotion of bilateral trade with Pakistan

Mohammad Baqir Beigi said governments of both the countries and business communities should play their due roles in this regard.He made the remarks in a meeting with Senior Vice President of Pak-Afghan Joint Chamber of Commerce and Industry (PAJCCI), Zia-ul-Haq Sarhadi who called on him.Talking to the Pakistani businessman, Iranian …

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Int’l Environment Exhibition kicks off in Tehran

Int’l Environment Exhibition kicks off in Tehran

A number of high ranking official including Vice-President and Head of the Department of Environment Masoumeh Ebtekar as well as Vice president for Legal Affairs Majid Ansari attended the event.UN Environment Program Executive Director Erik Solheim, Italian Minister of the Environment Gian Luca Galletti, German State Secretary at the German …

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Iranian products expo begins in Pakistan’s Karachi

Iranian products expo begins in Pakistan’s Karachi

Iranian Deputy Minister of Industry, Mine and Trade Mohammad Reza Fayyaz jointly inaugurated the expo with President of Federation of Pakistan Chambers of Commerce and Industry Rauf Alam.The objective of the exhibition is to promote trade activities between Iran and Pakistan.According to details over 60 Iranian companies are participating in …

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Vaezi: Iran-Azerbaijan trade volume up by 70%

Vaezi: Iran-Azerbaijan trade volume up by 70%

He made the remarks in Iran-Azerbaijan Joint Commercial Conference on Thursday where he also noted that bilateral ties are speedily growing in various areas.“Iran and Azerbaijan boast numerous commonalities in terms of religion, culture and history, which are currently considered backbone of cooperation between the two countries,” he said.Referring to …

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Iran, Romania keen on boosting cooperation

Iran, Romania keen on boosting cooperation

Moayyer said that Iran and Romania can have wide-scale cooperation in various spheres due to the potential capacities of the two countries.Meanwhil, the Romanian minister referred to the latest talks held between political officials of the two countries and said that Romania's new government gives great priority to its relations …

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Russia eyes $20 billion in potential energy deals with Iran

Russia eyes $20 billion in potential energy deals with Iran

“Our companies have a particular interest in specific fields. In general, we estimate that the potential of the deals in this area can be estimated at around $ 20 bln,” Novak said during an interview with the Russian TV channel Rossiya 24 on Wednesday.He also noted that Iran has confirmed …

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Iranian carmaker capturing markets from Asia to Africa

Iranian carmaker capturing markets from Asia to Africa

Based on the Automotive Industry Development Document, Iran is expected to export one-third of cars manufactured in the country by 2025, according to a report released by the February issue of Ikco Vision, the publication produced by the International Relations Department of the auto manufacturing group.Iran Khodro products are going …

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