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A few days after President Hassan Rouhani’s second term officially began, media reports are saying the Iranian foreign ministry will undergo major structural changes in Rouhani’s new administration, mainly with the aim of strengthening its role in Iran’s economic diplomacy.
An Iranian legislator says Tehran has no commitment to contracting out the development of its oil fields to India.
Iran’s Parliament Speaker says there must be no restriction on making investment in extraction of oil from the Caspian Sea.
Iranian Foreign Minister Mohammad Javad Zarif says the grounds are now prepared for Iran and Germany to promote their economic relations.
An official at the Iranian Ministry of Industry, Mine and Trade says an ultimatum has been given to the foreign clothing brands operating in Iran to increase their production in the country and boost exports of their products from the Islamic Republic.