Asia

The Indian oil minister said the South Asian country is scheduled to pay an outstanding oil debt to Tehran via European banks.

The Economy Minister of Afghanistan said commodities and minerals from his country will be exported to different parts of the world through the strategic ocean port of Chabahar.

The significant and historical visit of the Indian Prime Minister Narendra Modi to Iran, slated for May 22, provides a golden opportunity for both countries to develop ties and focus on ways of settling their financial disputes.

Iran’s Power Generation and Transmission Company (TAVANIR) and the Korea Electric Power Corporation (KEPCO) have sealed a deal over expansion of cooperation in power and energy industries.

South Korean President Park Geun-hye attended a ceremony held on Monday night in Tehran’s iconic Milad Tower to mark the beginning of “Iran-Korea Cultural...

South Korean President Park Geun-hye said South Korea hopes that North Korea will follow in the footsteps of Iran in curbing its nuclear activities and joining the international community.

Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei says Iran and South Korea must build relations that are impervious to Washington's spite and bias.

President Hassan Rouhani says there is suitable ground for foreign investment in Iran as he receives his South Korean counterpart Park Geun-hye in Tehran.

KOGAS has agreed to engineer and launch Iran’s 9th and 11th cross-country pipeline projects, based on a Memorandum of Understanding (MoU) signed with the National Iranian Gas Company on Sunday May 1, a senior NIGC official said.

Indonesia’s new ambassador to Iran underlined that his country is willing to further promote bilateral relations with the Islamic Republic in diverse areas, including politics and economics.

South Korean President Park Geun-hye who arrived in Iran on Sunday for a three-day visit, met Iranian President Hassan Rouhani on Monday morning after an official welcome ceremony at Sa'd Abad Palace.

According to Indian media, Prime Minister Narendra Modi is expected to make a visit to Iran later this month to expand ties with the country, particularly in the energy sector.

South Korea’s president arrives in Tehran today on a three-day visit aimed at boosting mutual ties, becoming the first South Korean president to visit...

Iranian Minister of Petroleum Bijan Zangeneh said Iran and South Korea can cooperate in various energy sectors including petrochemical industry, liquefied natural gas and investment of Korean companies in Iranian projects.

Iran’s oil exports to Asian countries have increased by 50% in the third month of the current year compared the corresponding period last year.

Ranking diplomats from Iran and China asserted that Syrian people alone have the right to decide their country’s fate, with both stressing the need for a serious fight against terrorist groups in the Arab country.

South Korea’s Hyundai Engineering Company (HEC) will ink a contract to construct a 500-megawatt power house in Iran.

In an Apr 24 meeting in Tehran, a South Korean delegation headed by the deputy minister of Trade, Industry and Energy stressed the continuation of talks on the expansion of nuclear cooperation with Iran.

The Islamic Republic of Iran is ready to help expedite the revival of the Silk Road and re-energize its capacity, Vice-president and head of Cultural Heritage, Handicrafts and Tourism Organization said Saturday.

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.

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.

Iran’s Parliament Speaker Ali Larijani said the Afghan government has made some progress in its fight against terrorism, calling for regional countries’ assistance in the anti-terrorism campaign.

The deal for construction of first petrochemical power plant in Mehran was signed on Tuesday between the executor company of Petrosaman Faragostar and Chinese Company CNTIC.

A senior Iranian official said that the holding of the 7th Asia-Pacific Forum in Iran could pave the way for boosting exports of Iranian handicrafts to foreign countries.

Iranian Parliament Speaker Ali Larijani underscored the necessity for the further broadening of parliamentary relations and cooperation between Tehran and Astana.