Economy

A trade delegation from Portugal came to Tehran Chamber of Commerce, Industries, Mines & Agriculture (TCCIMA) to explore the situation for business and investment with their Iranian counterparts.

In a ceremony held in Tehran on Sunday, high-ranking officials from Iran and South Africa signed eight memorandums of understanding (MoUs) to broaden the relations between the two countries in a range of fields.

The Governor of the Central Bank of Iran (CBI), Valiollah Seif, held the former Iranian administration responsible for a recent US court ruling to seize near $2bn of Iran’s frozen assets, saying Mahmoud Ahmadinejad’s government was too negligent in making investments in the US.

Iranian First Vice-President Eshaq Jahangiri referred to the knowledge-based economy as being a key factor in the realization of the Resistance Economy, whose principles were outlined by the Leader of the Islamic Revolution Ayatollah Seyed Ali Khamenei.

Construction companies from South Korea plan to sign contracts with Iran on a series of big development projects during an upcoming visit to the Islamic Republic by the president of the East Asian nation, South Korean industry officials said on Saturday.

Deputy Foreign Minister for Arab and African Affairs Hossein Amir Abdollahian says today Chinese, Indian and Turkish companies are turning into big economic and trade players in South Africa which further underlines the need for targeted and efficient planning of Iran’s private sector in the South African market and investment of that country in Iran.

Officials with Iran’s Trade Promotion Organization believe that the next couple of months will be full of good news for the country’s trade with other countries, with four new commercial attachés scheduled to be added to the list of Iranian envoys, and B2B ecommerce sites to be launched to facilitate the country’s trade ties.

Members of Isfahan Chamber of Commerce, Industry, Mine and Agriculture met with a group of businessmen from Hong Kong on Tuesday evening to discuss venues for bilateral trade.

The European Union's Foreign Policy Chief Federica Mogherini announced on a recent visit to Tehran that the EU plans to open a permanent office in the Iranian capital in the near future. This move by the European bloc can be described as a great development for Iran. Asr-e Iran news website explains why the upcoming opening of an EU office in Iran is a good piece of news for a nation after the end of Western-imposed sanctions, as per the recent nuclear deal between Tehran and world powers.

Iranian Foreign Minister Mohammad Javad Zarif underlined that Tehran sees no obstacle in the way to establish normal and healthy economic relations with Washington.

An Iranian official has announced the plan to deploy human resources to Turkey, Germany, Australia, Denmark and Ireland.

An economic delegation from Czech Republic arrived in this northeastern Iranian province on Monday.

Turkish Prime Minister, Ahmet Davutoğlu in meeting with Hassan Rouhani emphasized Turkey's serious intention to develop cooperation with Iran saying that Ankara supports cooperation with Iranian banks with no restriction.

Governor of Central Bank Valiollah Seif underlined that Iran's trade partners have returned to business with Tehran in the post-sanctions era.

Iran is ready to provide Pakistan with its energy needs, Interior Minister Abdulreza Rahmani Fazli said.

Malaysian Minister for International Trade and Industry Mustapa Mohamed said his country sees no barrier to expansion of Kuala Lumpur-Tehran ties.

Women have acted successfully in different fields to help realize the goal of economic development, the vice president for women and family affairs Shahindokht Molaverdi said on Tuesday.

Kazakh President Nursultan Nazarbayev arrived in Tehran on Monday to chart a new course in bilateral ties with Tehran, inking 66 documents with a value of $2bn.

The Italian prime minster arrived in Tehran on Tuesday to discuss ways to improve mutual economic cooperation between the two nations.

President Hassan Rouhani said that Iran and Kazakhstan believe that the Islamic world's voices of unity and cooperation should be heard everywhere.

Iranian Minister of Petroleum Bijan Zangeneh said Iran and India are discussing setting up banking channels which will allow the Central Bank of Iran to access $6bn of India's oil debts to Iran.

Iran’s Ambassador to Astana Mojtaba Damirchilou said Iran and Kazakhstan are set to finalize cooperation agreements in different fields during the official visit to Tehran by President Nursultan Nazarbayev.

UK is ready to help development of Iran airport and aviation industry, British Minister of State at the Department of Transport Robert Goodwill said on Sunday.

High-ranking officials from Iran and Turkey signed three trade and banking agreements as part of efforts to boost economic relations between the two neighboring countries.

Aiming to confer with large foreign banks, an Iranian delegation headed by the Minister of Industry, Mines & Trade is going to take part in an Iran-UK business conference entitled " A New Outlook on Trade & Investment between Iran and Britain", which will be held in London next week.