Economy

'Persia International Bank belongs to Bank Mellat and Bank Tejarat and it is based in the UK as the first Iranian bank stationed in London with Iranian owners; it managed to join euro payment system known as Target-II after undergoing complicated legal procedures,' Mohammad Reza Meskarian said on Friday.Persia International …

Khorramishad said the Chinese NFC and Power China companies had announced their willingness for cooperation in meetings on the sidelines of the 7th International Infrastructure Investment and Construction Forum (IIICF), held in Macao June 2-3.He said NFC Deputy Head, Junman Qin, and Power China's CEO, Zhou Jiayi, had in separate …

Nik Nafas told IRNA that the products have not risen in value, however, mainly due to fall in the oil prices and subsequently decline in the price of petrochemical products.On condition of export of petrochemical conditions and demand for the products in the world markets, he said there is demand …

Speaking to a group of people, Araqchi said it will take time to understand outcome of talks with the western party because sanctions had over the past 12 years left drastic impact on the country and reconstruction will require time to get complete.He said that hence, government of President Hassan …

Iran's ambassador to Baku Mohsen Pakaeen was also present in the meeting.Noorzad told the Azeri party that important works have been done to complete Rasht-Astara railway network.He said Azerbaijan can play an important role in connection of North-South corridor by improvement of the Rasht-Astara railway.He also urged formation of a …

Referring to Interoil Company's experience in investing on building ports in Africa, Mohammad Javad Shams said that Interoil called for cooperation which was accepted by Petropars Company.Iranian President Hassan Rouhani's trip to Italy and France on January 25-29 resulted in signing 17 agreements, costing 17 billion Euros.The 310-member Italian delegation …

Referring to the fact that the Czech Republic's foreign policy considers a great importance for Iran, the Deputy Foreign Minister of the Czech Republic Martin Tlapa reiterated that the development of relations between Iran and the Czech Republic is on the right direction.Emphasizing the importance of Iran in the Middle …

Iranian envoy to Prague Ali Akbar Jokar, Czech Deputy Economy Minister Martin Tapla and chamber of commerce and bank managers were present at the meeting.Czech deputy economy minister said that the trend of Iran-Czech relations has paved its way and this trend should continue at a much rapid pace.He reiterated …

During the meeting with his Indian counterpart, Rouhani pointed to the two countries' commonalities, and said, 'Iran and India have many things in common and accordingly the draft agreement with India's agriculture ministry in the cooperatives sector is in the stage of finalization.'The Iranian labor minister reiterated that India has …

A law to authorize the accession was passed by Majlis on May 9, and endorsed by the Guardian Council on May 18.Per the directive, government of Iran will have the permission to pay its membership due and offer assistance.1420**1416 اقتصاد Iran President Contact Editor-in-chief: newsroom@irna.irتماس بی واسطه با مسئولین www.irna.ir