Investment in Iran

The Iranian Minister of Cultural Heritage, Tourism and Handicrafts has voiced the country’s readiness for close cooperation in carrying out the One Belt, One Road initiative, a Chinese-led economic strategy involving investment in many countries.

Iran’s minister of cultural heritage, tourism and handicrafts has invited Chinese investors to invest in Iran’s tourism industry.

Iranian Minister of Petroleum Bijan Zangeneh says the Iranian company Petropars will develop the Phase 11 of giant gas field South Pars after the Chinese company CNPC International pulled out of the contract.

Iranian President Hassan Rouhani says the current and future generations of the region will reap the benefits of the Chabahr port jointly developed by Iran and India.

Iran’s top tourism official says the country will soon be hosting some 20 million tourists despite the US’ “maximum pressure” policy which tries to discourage foreigners from visiting Iran.

Foreign Minister Mohammad Javad Zarif says the Europeans do not seem ready yet to put investment into saving the 2015 nuclear agreement with Iran, despite their claim to be willing to retain it.

Chinese cryptocurrency miners have officially requested to set up shop in Iran, taking advantage of cheap energy to power and cool their electricity-intensive servers.

Iran’s Minister of Information and Communications Technology Mohammad Javad Azari Jahromi has highlighted the potentialities of crypto-currency mining, calling for the regularization of the business in Iran given the recent reports of bitcoin miners’ use of Iran’s cheap power.

A new by-law passed by the Iranian government provides foreign nationals, particularly those from Afghanistan, with a new chance to get Iran’s residency. But why and how should they do that?

The Iranian administration has passed a piece of legislation that allows foreign individuals to receive a temporary residence permit in Iran by investment.

Russia’s Energy Minister Alexander Novak says further development of mutual ties between Iran and Russia will contribute to regional peace and stability.

Eight cooperation agreements have been signed by representatives of Iran and Isfahan during a ceremony attended by Iran's Energy Minister Reza Ardakanian and his Russian counterpart Alexander Novak.

Iran’s Energy Minister Reza Ardakanian says the country will soon announce the implementation of its agreement with the five members of the Eurasian Economic Union on free trade, which will make Iran a member of the Eurasia Free Trade Zone.

Iranian President Hassan Rouhani and his Russian counterpart Vladimir Putin have discussed expansion of business ties between the two states in a range of fields, particularly in the energy sector, despite Washington's unilateral sanctions.

An email has been sent to many Iranian economic players and brands asking them to pay for an annual celebration marking the 93rd birthday of the British Queen Elizabeth II in Tehran through a certain channel.

Iran’s ambassador to London denied a report about closure of the British Iranian Chamber of Commerce, saying the chamber is doing its activities normally and has only morphed into a “virtual and digital” establishment due to rising rents in London.

Iranian Foreign Minister Mohammad Javad Zarif says he is putting forward a "proposal" during his ongoing trip to Islamabad for connecting Pakistan's Gwadar port to its "complementary" port Chabahar in southeastern Iran.

Iranian President Hassan Rouhani says the Chabahar Port in southeastern Iran, which is being developed by Indian investors, is a symbol of cooperation between Tehran and New Delhi.

A conference on investment in, and the development of the Iranian port city of Chabahar was recently held in Iran, bringing together investors and authorities from 35 countries.

Despite sanctions imposed on and restrictions created for Iran's economy, arrangements for membership of the Islamic Republic in the Eurasian Economic Union have been made, said Iran's Energy Minister.

At least six million foreign tourists have visited Iran in the first nine months of the current Persian year, said Ali-Asghar Mounesan, the head of Iran's Cultural Heritage, Handicrafts and Tourism Organization (ICHTO), predicting that the figure would increase to 7 million by the year-end.

The European Union has announced a long overdue special mechanism, called INSTEX (Instrument for Supporting Trade Exchanges), aimed at facilitating trade with the Islamic Republic of Iran in the face of the US sanctions.

Iran’s deputy oil minister says every day 5 or 6 purchasers send their request to buy oil from Iran, but the names will not be revealed as the enemies may misuse that information.

Finland says its small- and medium-sized companies are still interested in promoting their business cooperation with Iran, but are waiting for the European Union to establish its special payment mechanism, known as Special Purpose Vehicle (SPV), to facilitate trade with Iran under the US bans.

The International Organization of Securities Commissions has promoted the membership status of Iran’s Securities and Exchange Organization.