News

Iran Key to Global Energy Market: President Rouhani

TEHRAN (Tasnim) – Iranian President Hassan Rouhani on Monday highlighted the country’s resolve to restore its share in the global oil market, stressing that no one can ignore Tehran's role in the market.


US to Relax Financial Restrictions in Trade with Iran: Report

TEHRAN (Tasnim) – The Obama administration is mulling over a plan to relax financial restrictions that ban US dollars in trade with Iran, a report said.


S. Korean Delegation to Visit Tehran for Economic Talks

TEHRAN (Tasnim) – Tehran and Seoul will hold working level talks in the Iranian capital next week in a bid to exchange views on the promotion of economic ties between the two nations, a report said.


Iran Ready to Boost Annual Trade with Pakistan to $5bln: President

TEHRAN (Tasnim) – Iranian President Hassan Rouhani expressed the country’s willingness to enhance relations with neighboring Pakistan in all areas, including trade, banking and security.


Asian Firms to Help Renovate Iran’s Refineries

TEHRAN (Tasnim) – Iran said on Friday that it is working with Asian investors and builders to revamp several of its key refineries.


Australia Says Plans to Re-Open Trade Office in Iran

TEHRAN (Tasnim) – Australia’s minister for trade and investment said Tuesday the country plans to re-launch a trade office in Iran following the termination of anti-Tehran sanctions.


Iran, Russia to Boost Round-Trip Flights: Russian Minister

TEHRAN (Tasnim) – The Russian energy minister said the number of direct flights between Iran and Russia will increase from five to nine per week.


China to Implement Three Aluminum Projects in Iran

TEHRAN (Tasnim) – China’s Sinosteel Corporation has inked a Memorandum of Understanding (MoU) with Iranian Mines & Mining Industries Development & Renovation, known as IMIDRO, to implement three projects in Iran’s aluminum industry.


Iran, Vietnam to Raise Bilateral Trade to $2bln: Rouhani

TEHRAN (Tasnim) – Iranian President Hassan Rouhani on Monday hailed the existing potentials for expansion of trade ties between Tehran and Hanoi, and declared a decision by the two sides to boost the annual bilateral trade to $2 billion in five years.


Britain’s Biggest-Ever Trade Mission to Visit Iran in May

TEHRAN (Tasnim) – A huge delegation of British businessmen is planned to travel to Iran in May in a bid to explore business opportunities in the Islamic Republic following the termination of anti-Tehran sanctions.


Shell Pays Iran Dues over Oil Deliveries

TEHRAN (Tasnim) – Royal Dutch Shell paid its outstanding debt of 1.77 billion euros ($1.94 billion) to Iran following the termination of anti-Tehran sanctions.


Iran, Ukraine Sign MoU to Enhance Economic Cooperation

TEHRAN (Tasnim) – Tehran and Kiev inked a memorandum of understating (MoU) for the expansion of economic cooperation between the two nations in diverse fields, the Ukrainian vice prime minister said.


Bulgarian Banking Officials in Iran to Boost Economic Ties

TEHRAN (Tasnim) – Bulgarian Deputy Minister of Economy Lyuben Petrov said representatives of the Balkan country’s banks who are on an official visit to Iran aim to establish banking relations with the Islamic Republic.


Russia’s Novak to Visit Iran for Trade Talks

TEHRAN (Tasnim) – Russian Energy Minister Alexander Novak plans to pay an official visit to Iran in a bid to explore ways to boost trade cooperation between the two countries, a report said.


Conservative Banks to Lag Behind in Trade with Iran: Diplomat

TEHRAN (Tasnim) – Certain European banks need to stop their conservative attitude to trade with Iran, an Iranian deputy foreign minister said, noting that too much delay in developing economic ties with Tehran will cause them to stay behind other financial institutions.


Cooperation with Iran, Asset for European Banks: Official

TEHRAN (Tasnim) – An Iranian deputy economy minister on Saturday warned European banks against being cautious in restoring banking ties with Iran, saying that they would lose the opportunities in case of any conservatism.


Singaporean Minister Calls Iran Visit Key to Closer Cooperation

TEHRAN (Tasnim) – S. Iswaran, Singapore’s minister for trade and industry, described his recent visit to Tehran as an important step for boosting economic cooperation between the two countries.


Iran-Romania Economic Commission to Convene after 12 Years

TEHRAN (Tasnim) – The joint economic commission of Iran and Romania will hold a meeting in Bucharest after a 12-year hiatus, Iranian Foreign Minister Mohammad Javad Zarif said Tuesday.


Iran’s 1st Cargo Ship in 7 Years to Dock at European Port

TEHRAN (Tasnim) – Iran’s first cargo of petrochemical products will reach Europe within the next few days, marking the first freighter berthing at a European port since the international sanctions against Tehran terminated under a nuclear deal with world powers, an official announced.


Tehran, Seoul Ink Deal to Finance Major Projects in Iran

TEHRAN (Tasnim) – Tehran and Seoul signed a memorandum of understanding (MoU) worth €5 billion for financing development and infrastructure projects in Iran.