All News about Iranian Economy – Looking at Iran’s economy on a macro scale, including the big decisions and policies that would shape the markets today and tomorrow.
Energy experts believe that Iran need to increase its cooperation with major oil companies if it wants to take better advantage of its recent victory in the Organization of Petroleum Exporting Countries (OPEC) summit.
A memorandum of understanding has been inked on peaceful nuclear cooperation between Atomic Energy Organization of Iran and Nuclear Research Institute of Czech Republic.
President Hassan Rouhani’s government has placed an order with South Korea to build a number of ships for Iran, but the contract has sparked strong reactions, particularly from the IRGC’s influential construction base, which says Iranian companies are capable enough to build the ships.
Iran says it expects to finalize an aircraft purchase agreement with European aviation giant Airbus within the next two weeks, adding that the first planes could be delivered by March 2017.
Iran’s Foreign Minister Mohammad Javad Zarif provided Japanese business people and merchants with reasons why Iran is a perfectly safe place for investment.
The Iranian cabinet has approved a bill that allows the government to receive loan from Russia for implementation of certain infrastructure and production projects.
Iran says it will soon launch a cooperation scheme with France’s aviation giant Airbus over the production of spare parts for planes – a move that could help the company get a stronger foothold in the Iranian market once a much-awaited agreement to sell planes to the country becomes effective.
Iran’s media have hailed what is seen at home as the country’s “victory” in multiple-month negotiations with rivals and allies at the Organization of the Petroleum Exporting Countries (OPEC) over a proposed plan to reduce production and boost the prices.
Germany has reportedly agreed to provide Iran with a €1.2 billion ($1.27 billion) credit line to help finance a key rail project in what is seen as the biggest foreign financing the country has been able to secure after the removal of sanctions.
Iran says it will soon start talks with two German companies to open a major credit line of €12 billion for the development of some of its petrochemical projects.
