Iran-Hungary Trade Doubled Post JCPOA

Iran-Hungary Trade Doubled Post JCPOA

Reported by HPMM Group according to FINANCIAL TRIBUNE ;    Trade between Iran and Hungary has experienced a twofold increase since the nuclear deal, officially known as the Joint Comprehensive Plan of Action, was signed between Iran and the world powers in 2015. This was stated by Hungary’s Minister of National Economy Mihaly Varga in a […]

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Rouhani Inaugurates Port Dubbed “International Gateway”

Rouhani Inaugurates Port Dubbed “International Gateway”

The inauguration of the port will triple the capacity to 8.5 million tons (equal to that of all the northern ports of the country) With the opening of Phase 1 of Shahid Beheshti Port, close to 800 direct jobs and 20,000 indirect jobs have been generated Reported by HPMM Group according to FINANCIAL TRIBUNE ;    […]

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Iran, South Korea Sign €۷۲۰m Deal to Build 450 Wagon Trains in Iran

Iran, South Korea Sign €۷۲۰m Deal to Build 450 Wagon Trains in Iran

Reported by HPMM Group according to FINANCIAL TRIBUNE ;    South Korean rolling stock manufacturer Hyundai Rotem signed a contract worth €۷۲۰ million with the Islamic Republic of Iran Railways on Saturday to produce 450 suburban railbus wagons in Iran. As per an agreement, the Korean company will be forming a consortium with Iranian Rail Industries […]

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Italy Bolsters Iran Ties, Despite US Displeasure

Italy Bolsters Iran Ties, Despite US Displeasure

Reported by HPMM Group according to FINANCIAL TRIBUNE ;    Italy concluded a series of commercial talks with Iran this week, strengthening ties with the Middle Eastern country, despite the United States adopting a more hardline approach toward Tehran. When Washington helped broker a landmark nuclear deal with Iran two years ago, Italy, one of the […]

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Digital Banking Infrastructure in Place

Digital Banking Infrastructure in Place

Reported by HPMM Group according to FINANCIAL TRIBUNE ;    The minister of communications and information technology has announced that Iran’s infrastructures are ready for the implementation of digital banking. “The Ministry of Communications and Information Technology is responsible for establishing the necessary infrastructure for the implementation of digital banking in the country such as data […]

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Iran-EU Trade Rises

Iran-EU Trade Rises

Iran’s exports to the 28 European countries stood at €۷٫۳ billion, registering more than a twofold rise year-on-year, while imports amounted to €۷٫۵ billion, which is 1.3 times YOY Food trade between Iran and the European Union has leaped by 94% since the nuclear deal between Iran and world powers was signed in 2015 Reported […]

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Iran, Estonia Call for Promotion of Relations

Iran, Estonia Call for Promotion of Relations

Reported by HPMM Group according to FINANCIAL TRIBUNE ;    Iranian Vice President for Women and Family Affairs Massoumeh Ebtekar and President of Estonia Kersti Kaljulaid met in Iceland on Thursday, calling for expansion of mutual relations and cooperation. The meeting was held on the sidelines of the Women Political Leaders Global Forum in Rykjavik, capital […]

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Iran, Belarus on Track to Broaden Banking Coop

Iran, Belarus on Track to Broaden Banking Coop

Reported by HPMM Group according to FINANCIAL TRIBUNE ;    In line with developing economic and political relations, Iran and Belarus are to expand their banking cooperation, it was announced in a meeting between First Vice President Es’haq Jahangiri and Andrei Kobyakov, the prime minister of the East European state. The officials met on Friday on […]

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Iran Prioritizes Three Sectors for Using Foreign Financ

Iran Prioritizes Three Sectors for Using Foreign Financ

Reported by HPMM Group according to FINANCIAL TRIBUNE ;    Iran will use the recent flow of foreign finance it received mainly to fund export and energy sectors in addition to projects boosting jobs, the head of the Organization for Investment, Economic and Technical Assistance of Iran announced. “Following the nuclear deal, we are increasingly witnessing […]

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Agreement to Boost FDI in Free Zones

Agreement to Boost FDI in Free Zones

Reported by HPMM Group according to FINANCIAL TRIBUNE ;    The High Council of Free Zones and the Organization for Investment, Economic and Technical Assistance of Iran have signed a memorandum of understanding to boost foreign direct investment in free trade zones. The agreement is aimed at “improving the strength of national economy by using the […]

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