Iran’s Sovereign Fund Eying International Markets

The sovereign fund of Iran is ready to support foreign investors willing to invest in the country as well as Iranian exporters by extending loans Only contractors who win the tender will be eligible to receive funds from the National Development Fund of Iran Reported by HPMM Group according to FINANCIAL TRIBUNE ; The National […]

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Czech Credit Line for Iran Trade

Reported by HPMM Group according to FINANCIAL TRIBUNE ;  The Czech Republic government has considered opening a $100-million credit line to encourage trade with Iran, said Martin Tlapa, Czech deputy foreign minister, during a meeting with the Iranian economic delegation in Prague on Tuesday. Masoud Khansari, the head of Tehran Chamber of Commerce, Industries, Mines […]

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Azadegan crude output to rise by 30k bpd

An oil official has reported on a 30-thousand-barrel rise in daily production of South Azadegan oilfield by the end of the current Iranian calendar year (to end March 20). Reported by HPMM Group according to  MEHR NEWS ; On the eve of inviting tenders for development of Azadegan oilfield, an official at Iran’s Petroleum Engineering […]

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Rising Prospects for Iran-Italy Commercial Ties

Reported by HPMM Group according to FINANCIAL TRIBUNE ;  More than a year into the implementation of Iran’s nuclear accord and the lifting of international sanctions, the country is looking to expand its business ties with Italy after a number of breakthroughs, the head of Iran-Italy Chamber of Commerce said. “Statistics show that among countries […]

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Prague, Tehran launch Joint Trade Commission

The first Joint Trade Commission (JTC) between Iran and Czech Republic kicked off on Monday in Prague with 130 economic activists of the two sides in attendance. Reported by HPMM Group according to  MEHR NEWS ; The JCT is attended by Chairman of Tehran chamber of commerce industries Mines and agriculture (TCCIMA) Masoud Khansari, Minister […]

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JCPOA encouraged Iran-Czech Republic cooperation expansion

Head of Czech Industries Confederation Yaroslav Hanak said on Monday that the Joint Comprehensive Plan of Action (JCPOA) paved the way for promotion of Tehran-Prague cooperation. Reported by HPMM Group according to  IRNA ; Hanak made the remarks during Iran-Czech Trade Conference session in Prague on Monday, attended by 130 business people. The official noted […]

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Monthly trade volume in IME hits over 26mn MT

During weekdays ending up to January 26,298,606 metric tons (MT) of commodities worth over 170.3 million USD were traded in Iran Mercantile Exchange. Reported by HPMM Group according to HER NEWS & According to the report from IME International Affairs and PR, last week, on the domestic and export metal and mineral trading floor of […]

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Iran, Georgia to solve transportation problems

Director General of the International Transit and Transportation Office of Road Maintenance and Road Transportation Organization on Sunday announced signing of an agreement to remove transportation problems facing Iran and Georgia. Reported by HPMM Group according to IRNA ;  The deal was inked on the sidelines of the Seventh Meeting of Iran-Georgia International Goods and […]

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Iran to Ditch US Dollar in Official Reports

Reported by HPMM Group according to FINANCIAL TRIBUNE ;  Iran will stop using the US dollar as its currency of choice in its financial and foreign exchange reports from the new fiscal year that begins in March, announced the governor of the Central Bank of Iran late Saturday. “Iran’s difficulties [in dealing] with the dollar […]

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Tejarat Bank Sues EU for Losses Incurred During Sanctions

Reported by HPMM Group according to FINANCIAL TRIBUNE ;  Tejarat Bank has filed a lawsuit at the European Court of Justice (ECJ), seeking compensation for the losses it incurred during the sanctions that targeted Iran’s nuclear program, the bank’s CEO said on Saturday. “Tejarat and many other Iranian banks suffered a great deal of direct […]

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