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.
Russian Deputy Foreign Minister Sergei Ryabkov said he believes it is not possible for the “unrealistic” US to bring down Iran’s oil export to zero, as Washington is almost isolated internationally on this particular issue.
Turkmenistan’s President Gurbanguly Berdimuhamedow says his country is fully prepared to expand its mutual ties with its southern neighbour, the Islamic Republic of Iran, in all areas, especially in business.
The world’s largest commercial turboprop maker ATR is in talks with alternative buyers for seven remaining aircraft which it has to deliver to Iran under a $536 million deal, the company’s Italian shareholder Leonardo says.
A senior security official says the US strategy of using sanctions to force the Iranian people to cave into its demands will lead nowhere, just as the former Iraqi dictator Saddam Hussein failed to impose his will on Iran during the 1980s Iran-Iraq war.