Italian Prime Minister Matteo Renzi will visit Iran on Tuesday and will be accompanied by 120 leading economists and company representatives.
415,000 MT of commodities worth over $157 million were traded in Iran Mercantile Exchange (IME) early April, the value and volume of trading experienced a growth of 99% and 124% respectively.
Deputy industry minister said Iran Khodro Industrial Group and Peugeot Car Company will officially launch joint cooperation in late April.
Iran plans to host 65 international exhibitions and 7 local ones in the current Iranian calendar year, which started on March 21, 2016.
Iran says a top-level delegation from global aviation giant Boeing will arrive in the country within the next days to discuss potential areas of cooperation with Iranian companies.
Iran has signed agreements with major drug producing companies for medicine production, said Head of Iranian Drug Producers Association Naser Riyahi.
Arash Motor Company unveiled the world’s most powerful hybrid car at the renowned Geneva Motor Show.
Iran’s President Hassan Rouhani said on Tuesday that the privatization of the country’s car industry is a key mission in the economic agenda of his government – an announcement already seen by analysts as a sign that Iran is already preparing to open up its economy to world markets.
Germany's Linde Group and Japan's Mitsui have said that they are planning to jointly invest $4bn in a number of petrochemical projects in Iran, an official said.
The head of Renault-Nissan alliance has expressed the major car manufacturer’s readiness to expand its market in Iran upon the removal of sanctions against the country.