Thursday, December 25, 2025
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China Eyes Major Investment in Iran’s Railway, Shipping Sectors

China’s National Transportation Equipment & Engineering Co Ltd (CTC) is about to finalize an agreement on the $3 billion rail project to link Tehran with the northeastern holy city of Mashhad, a Chinese source told Reuters earlier.

China’s Export and Import Bank (EXIM) is likely to fund 85 percent of the cost for the 930-km (580 mile) high-speed rail project, the source added.

Dalian Shipbuilding Industry Co has likewise been in talks on building container ships and oil tankers for Iran, according to the report.

It added that Iran would need $8-12 billion to modernize its fleet of container, cargo and oil tanker ships by around 2022.

There has been growing international interest in trade ties with Iran since Tehran and the Group 5+1 (Russia, China, the US, Britain, France and Germany) on July 14, 2015 finalized a comprehensive deal on Tehran’s nuclear program and implemented it on January 16.

The comprehensive nuclear deal, also known as the Joint Comprehensive Plan of Action (JCPOA), terminated all nuclear-related sanctions on Iran after coming into force.

Australia ready to boost trade with Iran

The country’s Department of Foreign Affairs and Trade in a special bulletin highlighted the potentials for trade with Iran after the removal of the sanctions.

“Sectors identified for good early prospects for Australian exporters include agriculture and food; water sustainability and management; education and skills training; and the health care and well-being sectors,” it wrote in its Business Envoy.

“In the medium term there are also likely to be opportunities for Australian companies in mining and oil and gas-related areas.”

Accordingly, Australia’s Minister for Trade and Investment Steven Ciobo in the same bulletin has emphasized that the removal of sanctions against Iran “opens up the real possibilities for trade and investment with the second biggest country in the Middle East”.

“There are some unique challenges to doing business in Iran and international competition will be stiff, so it is imperative businesses prepare carefully on the basis of sound advice,” Ciobo emphasized.

Meanwhile, Australia’s Ambassador to Tehran Paul Foley has also emphasized in the bulletin that the lifting of the nuclear sanctions has already provided increased opportunities for Australian businesses to approach the vast Iranian market.

Ambassador Foley has written that there will be strong international competition for business in Iran but stressed that a number of key factors could assist Australian businesses in approaching the Iranian market.

“These include a long-standing presence by Australia in the market, a familiarity and respect between the business communities of both countries, the strong reputation for the quality of our products and a positive view of Australia and Australians by many in Iran,” he wrote in his article in the Business Envoy.

“There is good potential for increasing exports to Iran. But this will require a hard-headed focus by business on areas of Australian competitive advantage.”

Rouhani: Ahl al-Bayt shrines, redline in Iran

Addressing the third national conference on martyrs, Rouhani said Ahl al-Bayt is among Iran’s redlines.

‘There is no question of Iraq, Syria or other countries, Iran will stand against terrorists if they want to cause any aggression against Ahl al-Bayt shrines,’ stressed the President.

Ahl al-Bayt are the family members of great Prophet Mohammad.

Speaking to the families of the martyrs in the conference, Rouhani said ‘Your youth indicated that they will defend Iran, Islamic land and Ahl al-Bayt shrines wherever they are.

‘We are seeking Islamic unity and Islamic Iran,’ he said adding ‘…we will bow down to any one who does some service for Iran and our national power.’

Talking about the February 26 elections in Iran, President Rouhani appreciated the nation for attending the elections to preserve the country’s dignity.

Commander: Enemy has passive role in Persian Gulf

Speaking in the commemoration ceremony of 100 martyrs in Kashan, Fadavi said the US is now certain that it will sustain damage if it does any action against Iran.

On IRGC’s courage in capturing US marines in the Persian Gulf waters, he said that it was the fourth time that English and American forces were captured by IRGC.

Referring to the fact that the U.S had no success in preventing Islamic Revolution’s expansion, he added that the United States’ attempts in Syria for five years bore no result and the Americans admitted that their failure in Syria was because of of Iran’s support.

Preparations for Iran’s 2017 Presidential Elections to Begin in Early Fall

The executive phase of 2017 presidential votes will be kicked off in late September or early October 2016, Rahmani Fazli noted in a meeting with the country’s governor-generals held here in Tehran.

He further referred to the recent polls held across Iran on February 26, and noted that there was no ambiguity or doubt about the health of parliamentary and Assembly of Experts elections.

“We did not even have a handful of objections and protests at the organization of recent elections,” he added.

Earlier on Thursday, Leader of the Islamic Revolution Ayatollah Seyed Ali Khamenei also praised the tranquility and peace in which Iran’s elections were held recently, saying that while other Middle Eastern nations are experiencing insecurity, the polls were held in full security.

“While life in the countries around us has been associated with insecurity and terrorist incidents, the elections were held with such glory and massive participation of people without any bitter incident,” the Leader said in a meeting with the chairman and members of the Assembly of Experts in Tehran.

Ayatollah Khamenei added that the security of the polls was such that people in Tehran were flocking to polling stations to cast their ballots from 8 a.m. to midnight without facing any problems.

The Leader also expressed his gratitude to the efforts made by the Iranian security forces and the interior and intelligence ministries to ensure the safety of the votes.

Elsewhere in his remarks, Ayatollah Khamenei lauded the “healthy” polls, saying that despite the enemies’ propaganda campaign and claims by some inside the country, all elections held by the Islamic Establishment have been healthy and there has never been an organized move to influence the outcome of the elections.

The Leader further referred to the 62-percent turnout in the polls as “very meaningful and significant”, stressing that with such massive presence at the polling stations, the Iranian people practically demonstrated their confidence in the Islamic Establishment.

More than 60 percent of some 55 million eligible voters cast their ballots at around 53,000 polling stations across the country.

4,844 and 161 candidates ran for the parliament and the Assembly of Experts, respectively.

There are 290 seats in the Iranian parliament, elected by direct vote of people in nationwide election for four years.

The Assembly of Experts is also a high-ranking body that elects and oversees the activities of the leader of the Islamic Revolution.

Members of the 88-seat assembly are directly elected to office by people for an eight-year term. It holds biannual meetings to appoint a new chairman.

Japan to supply Iran with medical devices

Japan’s Nikkei newspaper has reported that about 40 mammography machines will be handed over to the Iranian Health Ministry as part of what has been described as the official development assistance program.

Using the same program as a gateway, Japanese corporations will develop the Iranian market with ultrasonic diagnostic equipment, endoscopes, and other offerings they are strong in.

Fujifilm Holdings and Toshiba unit Toshiba Medical Systems are among the companies apparently showing interest in the upcoming bidding, the Nikkei added.

With the lifting of economic sanctions, businesses around the world are rushing to take advantage of the promising Iranian market. And Japan, as part of its growth strategy, plans to help its corporations make inroads into Iran, added the report.

Japanese Prime Minister Shinzo Abe plans to visit Iran in August. The visit will be the first by a Japanese premier to Iran in 38 years.

Business leaders in industries such as trading, automobiles and energy will likely accompany him in the trip.

The Nikkei has also reported that Japan is to resume yen loans after a 15-year hiatus.

On a related front, Reza Nazar-Ahari, Iran’s ambassador to Tokyo, has announced that several key Japanese banks are preparing to open branches in Iran.

Nazar-Ahari added that the Japanese banks have already opened offices in Tehran and that the proceedings are underway for them to launch their operations in the Islamic Republic.

Tehran flower garden

Flowers are seen on the eve of Nowrouz in Shahid Mahallati Flower Market in southeastern Tehran, where over five million flowers are traded in the market on a daily basis.

The following images have been released by Mehr News Agency:

 

Iran FM arrives in New Zealand

Zarif wraped up his official two-day trip to Thailand and set off for New Zealand Friday evening.

During his stay in New Zealand, Zarif is scheduled to hold talks with the country’s prime minister, foreign minister and a number of other ministers and senior officials on ways to improve relations, particularly in trade and economic sectors.

He would also meet Iranian nationals residing in New Zealand and hold talks with the country’s private business people.

The Iranian foreign minister is expected to deliver a speech at a conference organized by New Zealand Institute of International Affairs and address reporters.

Zarif paid a two-day visit to Thailand and participated in the 14th Asia Cooperation Dialogue (ACD) Ministerial Meeting.

He also met with senior Thai officials, including Prime Minister Prayut Chan-o-cha and Foreign Minister Don Pramudwinai.

On Friday, Zarif sat down with Shamshad Akhtar, Under-Secretary-General of the United Nations and Executive Secretary of the UN Economic and Social Commission for Asia and the Pacific (ESCAP), dispatches reported.

The Iranian minister started his six-nation tour last Sunday and paid visits to Indonesia, Singapore, Brunei and Thailand. He would visit Australia on the last leg of his tour.

On February 19, New Zealand lifted its sanctions against Iran following the implementation of Tehran’s nuclear agreement with world powers, dubbed the Joint Comprehensive Plan of Action (JCPOA).

US fears obstructing trade with Iran – UK

“A lot of British and American banks have been fined enormous sums of money. Some of them have deferred prosecution agreements, some are still arguing with American regulators so they are very very cautious,” Lord Norman Lamont, UK’s trade envoy to Iran, has been quoted by Iran’s media as saying.

“But I think we are beginning to see signs of some of the smaller banks coming back in and I think it will be like a pebble that starts the bigger stones rolling,” he told IRNA.

Lord Lamont also emphasized that the closure of the British Embassy in Tehran had contributed to a stalemate in trade ties between the two countries.

Lord Lamont has been appointed as the UK’s trade envoy to Iran as part of a wider government attempt to reverse Britain’s underwhelming record of exports, IRNA added.

The appointment of the former chancellor to the new role comes just three months after a series sanctions against Iran were lifted as part of a deal with the P5+1 group of countries – the five permanent members of the Security Council plus Germany – over Iran’s nuclear energy program.

The media reported this past Wednesday that UK’s Business Secretary Sajid Javid plans to visit Iran in May for high-level economic and trade talks.  Javid will head a large delegation that has been described as Britain’s biggest ever trade team travelling abroad.

The trade mission will include executives from across the oil and gas, financial services, infrastructure and engineering sectors, the Financial Times reported.

This came as Mohammad Nahavandian, the chief of staff of President Hassan Rouhani, was visiting London over the past few days to discuss the expansion of Iran-UK trade ties.

Nahavandian, in his meeting with the British Foreign Secretary Philip Hammond, called on UK to help facilitate banking transactions with Iran that are still believed to obstruct trade with the country in face of the removal of the sanctions against the country in January.

In a separate development, British Prime Minister David Cameron on Thursday was reported to have rebuked Barclays for hampering companies trying to export to Iran.

In a strongly worded letter to Jes Staley, the bank’s chief executive, Cameron said that Barclays appeared to be operating “in opposition to the policy of the UK government,” the Time reported.

Barclays is refusing to process customers’ payments from Iranian entities, despite EU and UN sanctions having been lifted, the report added.

Compassionate People and Dollars in the Street

Parviz Parastouyi is one of Iran’s most famous actors, and has won several awards including Best Actor at this year’s Fajr Film Festival. In Iran, it can be a difficult job to be a famous artist without being aligned with either Reformist or Principalist causes. Parviz Parastouyi, however, seems to be an exception. He has managed to keep himself impartial while talking about the good things of both sides – perhaps this is why he has been so admired by the people as an independent character.

The following is a story shared by him on his Instagram page, narrating a story which happened to him not on the cinema screen but on a real-life Tehran street. The story has been taken from Alef News, and translated by IFP.

Parviz Parastouyi shared a story of a strange event on his Instagram page, writing about a day when he was taking a family member’s dollars to the bank.

 

“Compassionate People and Dollars in the Street”

“A while ago, I was going to a bank to exchange $5,000 belonging to one of my relatives. I placed the envelope of money in the middle of a file, but unfortunately, due to my carelessness, I was holding it upside down. While I was walking across the street, the notes were falling out one by one without me noticing it.

“Hearing the sound of car horns and seeing the people’s surprised faces made me glance back. I saw that all the dollars had fallen from the envelope, and were spread over a wide area of the street – spreading even more because of the wind. At that moment, some kids on their way home from school arrived on the scene as well.

“I was shocked and couldn’t move, thinking about my relative’s money being scattered to the wind, simply stunned at the result of my carelessness.

“The voice of a young woman holding a baby in her arms, who was picking dollars up from the ground, brought me back to the present: “Why are you standing there doing nothing, come on, pick them up!”

“Unbelievably, I saw lots of people all doing what I was supposed to do. There were several people on the pavement, the kids, and some young boys and girls who were stopping the cars to let others pick up the notes.

“A few minutes later, I was surrounded by compassionate people who were stretching their arms toward me holding crumpled notes. I didn’t know whether I should take the notes from them or kneel down in front of them for their honesty.

“A shopkeeper from the other side of the street came and took me into his shop. He gave me a glass of water then went and collected more notes from people who didn’t even want to be thanked for what they’d done. We counted them. Not even a single note was missing.

“After that day, I once again came to the conclusion that a good society is not necessarily one which is guided by government. We can make it ourselves. It’s not too late!”