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News and reports about all things to do with commerce, trade, banking and industry in Iran and the world. Covering ongoing developments, market news, contracts, joint ventures, trade delegations, chambers of commerce, manufacturing, labour news and resource management.

Alireza Kameli

Iran, India mulling $4.5bn undersea gas pipeline

Iran-India undersea gas pipeline is planned to be built within two years following the necessary approvals and after a gas sale and purchase agreement is signed, managing director of National Iranian Gas Export Company says.

Iran calls on Sweden to restore ranking of Iranian banks to prior level

The governor of Central Bank of Iran tells a visiting Swedish delegation Iran's policy focuses on establishing proper economic relations with longstanding trade partners.

Iran, South Korea to launch shipbuilding JV

The venture will be established between Iran Shipbuilding and Offshore Industries Complex Company (ISOICO) and Hyundai.
Bijan Namdar Zangeneh

Zanganeh: No permission required to boost Iran oil output

Iran has officially announced that it will increase production by 500,000 barrels a day immediately after sanctions have been lifted.

Fiat in talks for car manufacturing in Iran

The minister of industries, mines and trade has said that Iran is planning to produce 3 million automobiles in less than 10 years, one-third of which will be exported.

‘International firms ready to accept Iran Petroleum Contract’

Javadi said international companies active in the oil industry are ready to cooperate with Iran within the framework of deals based on the new Iran Petroleum Contract.
Riccardo Monti

Italy is a reliable partner for investment in and transfer of technology to Iran

Riccardo Monti said in recent months Iran has made it clear that it does not solely intend to purchase foreign products; rather it is trying to find reliable partners for joint investment as well as transfer of technology for domestic production.

President Rouhani welcomes participants in GECF summit (PHOTOS)

Among others, presidents of Bolivia, Russia, Equatorial Guinea, Nigeria, Venezuela, Iraq and Turkmenistan attended the summit of Gas Exporting Countries Forum (GECF).

GECF urges cooperation over market issues

The GECF declaration also highlighted the need for member states to work together over the security of natural gas supplies to the markets worldwide.

Heads of state arrive in Tehran for GECF summit (PHOTOS)

Presidents of Bolivia, Russia, Equatorial Guinea, Nigeria, Venezuela, Iraq and Turkmenistan are among foreign dignitaries who have arrived in Tehran.

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