Reported by HPMM Group according to FINANCIAL TRIBUNE ;    Armenia inaugurated on Friday a free economic zone in its southernmost city of Meghri on the border with Iran. Armenian Prime Minister Karen Karapetyan attended the opening ceremony with Minister of Economic Development and Investments Suren Karayan, alongside Iranian Ambassador to Armenia Kazem Sajjadi as well […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;    Unilever plans to set up a joint venture in Iran to make and market food in the country. The FMCG giant has struck a deal with local food group Golestan Company to form the venture, Just-food.com reported. In a statement, Unilever’s Iranian arm, which markets non-food […]

The moderately favorable outlook is contingent on the capacity to attract foreign investments and subject to geopolitical risks Reported by HPMM Group according to FINANCIAL TRIBUNE ;    The United Nations has forecast a 5.3% economic growth for Iran in 2017 in its latest World Economic Situation Prospects. The growth is projected to settle at 5.1% […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;    South Korea has agreed to finance the construction of three hospitals in Iran, said Iranian Health Minister Hassan Qazizadeh Hashemi on Thursday upon arrival at the Incheon International Airport in the South Korean capital Seoul. “This is a good opportunity for Iran to attract investments by […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ; After the signing of the Iran nuclear deal, trade between Iran and Europe increased 94% in the first half of 2017, compared with the first half of 2016, EU High Representative Federica Mogherini said. Speaking during a debate on Iran in the European Parliament on Tuesday, […]

The preferential trade agreement between Iran and Eurasian Economic Union will be in effect for three years Iran exported close to $500 million worth of goods to the EEU member states during the seven months to Oct. 22 and imported nearly $800 million in return Reported by HPMM Group according to FINANCIAL TRIBUNE ;    Apreferential […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;    World-famous Italian exhibition organizer BolognaFiere and Iran International Exhibitions Company have renewed cooperation agreement for 2018. As BolognaFiere reported on its website, www.bolognafiere.it, the new agreement will consolidate collaboration between the two exhibition centers and increase the number of events subject to commercial agreements. The leading exhibition […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;    Adelegation from the International Monetary Fund met with officials from the National Development Fund of Iran on Saturday. During the meeting convened at the IMF team’s request, NDFI’s board member and deputy head of Foreign Investments Department explained all structural and operational dimensions of NDFI along […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;    An Iranian delegation attended the 11th World Trade Organization meeting this week in Buenos Aires, Argentina, as observer member. The delegation comprised of representatives from the parliament, Foreign Ministry and Ministry of Industries, Mining and Trade, IRNA reported. The meeting kicked off on Sunday and will […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;    As per the budget bill of the coming fiscal year (March 2018-19), the government will allocate 180 trillion rials ($4.28 billion) out of the Subsidy Reform Plan’s resources for production sector and creation of 634,000 jobs, deputy minister of industries Reza Rahmani said. “The current year’s […]