The Sepah Bank is ready to absorb foreign companies interested in investing in Iran's commodities, energy and bonds stock market, Ebrahim Enayat Managing Director of the bank's Brokerage Company told The Islamic Republic News Agency on the sidelines of an exhibition on the Persian Gulf Island of Kish.'Bank Sepah as …
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Turkey attaching high importance to economic ties with Iran: official
He made the remarks while talking to IRNA Friday night before leaving here for Tehran at the head of a ranking delegation.He stressed the need for implementation of the agreement on preferential trade between Tehran and Ankara.He noted that the agreement on preferential trade between the two countries which was …
Read More »Local currencies to replace US dollar in Pakistan, China trade
Pakistan’s Standard Chartered bank has announced that hurdles to trade with China in Pakistani rupee and Chinese Yuan have been removed.Earlier two countries were trading in dollars, which caused hurdles in the way of banking transactions for traders. The two nations signed a currency swap agreement a couple of years …
Read More »ITER director-general due in Tehran
During his two-day visit, Bigot will also meet with Sorena Sattari, the vice-president for science and technology affairs as well as Iranian experts of nuclear fusion.AEOI chief Ali-Akbar Salehi earlier visited ITER Organization in France to review the international nuclear fusion research and engineering megaproject.9341**1416 www.irna.ir
Read More »Iran, Pakistan call for restrictions on illegal trade
Talking to an Iranian delegation led by Mohsen Heidarian at the Lahore Chamber, Abdul Basit said illegal trade should be treated with an iron hand damaging local industries and causing huge loss to tax revenues of the two countries.He said that there was great scope for Iranian companies to consider …
Read More »China keen to build Pakistani portion of IP gas pipeline: Official
In an interview with IRNA, Mobin Saulat said that Pakistan is eager to complete the IP project and is taking all steps for the purpose.“As the hurdles in the project are removed we will start receiving gas from Iran,” he noted adding, 'We have divided this project into two phases …
Read More »Deputy foreign minister due in Manila on Friday
Talking to IRNA Thursday, Tanhaei said that Rahimpour will reciprocate his Filipino counterpart's visit to Tehran last year.Deputy foreign minister's trip to Manila will mark a major event in bilateral ties.During the visit, the latest issues pertinent to political, economic, cultural cooperation will be discussed, he said.Referring to the Tehran-Manila …
Read More »Vietnam envoy underlines interaction with Iran for accessing neighboring markets
Addressing a gathering of Kashan industry owners, Thach described Iran and Vietnam industries as complementary to each other, saying that both countries should use the opportunity for promoting cooperation.The two countries' presidents have met two times in the past seven months, he said, adding that the meetings are the best …
Read More »Veep: Avoidance of crude selling major program of Economy of Resistance
Addressing inaugural ceremony of Foulad Mobarakeh Casting Machine No. 5 in Isfahan, Jahangiri said that promoting capabilities, using natural resources' capacities and manpower to set up knowledge-based industrial enterprises are among the main targets of the Economy of Resistance.Iran boasts of huge natural resources, capabilities and efficient manpower, he said, …
Read More »Steel output to hit 50 million tons in 6 years
Addressing inaugural ceremony of Foulad Mobarakeh Casting Machine No. Five in Isfahan, Nematzadeh said that steel production should increase to meet local demand.Noting that priority is with domestic consumers, the minister said that Isfahan boasts of higher capabilities to manufacture equipment for steel industry.Nematzadeh hoped that all parts needed would …
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