September 20, 2016

Baku hosting Iran Project 2016 expo

TEHRAN - The second edition of Iran’s specialized exhibition of oil and gas, petrochemicals, construction, utilities, engineering and technical services opened in Azerbaijan’s capital Baku on Monday, Shana reported.
September 20, 2016

Indonesia, Iran agree to step up economic co-op

Indonesian Vice President Jusuf Kalla and Iran’s President Hassan Rouhani have agreed to step up economic cooperation on the sidelines of the Non-Aligned Summit on Margarita Island on Sunday, September 18, 2016.
September 20, 2016

Iranian business group to visit Taiwan in late Sept.

Taipei (CAN) - A delegation of the Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) will visit Taiwan later this month to explore opportunities to cooperate with Taiwanese businesses, the Taiwan External Trade Development Council ...
September 20, 2016

Romania allots €2m for development of joint projects with Iran

TEHRAN – The visiting Romania’s Agriculture Minister Achim Irimescu, in a Sunday meeting with his Iranian counterpart Mahmoud Hojjati, said his country has allocated €2 million for development of joint projects with the Islamic Republic of Iran, Tasnim news agency reported.
September 20, 2016

Iran’s non-oil exports to EU up 21% in 5 months yr/yr

TEHRAN- According to the latest report released by Iran’s Customs Administration, the country’s non-oil exports to EU reached above $643.3 million in the first five months of the current Iranian calendar year (March 21-August 21), registering a 21 percent rise compared to the same time span in the preceding year, IRNA reported.
September 20, 2016

India set to buy Iran oil for emergency reserves: sources

India is set to buy six million barrels of Iranian crude for its strategic oil reserves as negotiations with the United Arab Emirates’s national oil company for supplies are stuck over commercial terms, industry sources said.
September 20, 2016

Russia’s Lukoil eyes further investment in Iran’s oil industry

TEHRAN – Vagit Alekperov, the president of Russian oil giant Lukoil, has said that Lukoil is interested in investing in Iran’s oil industry, Shana reported on Monday.
September 19, 2016

Swiss Firm to Develop Iran Transport Hub

Iran’s Perse Transport Bar and Switzerland’s TransInvest Holding signed a deal to jointly develop a dry port in the vicinity of the Iranian capital, Tehran. Called Aprin Dry Port, the facility will connect Iran’s port cities to the capital and will act as the country’s central cargo train intersection. “We are trying to turn the […]
September 19, 2016

Iran Signs NDAs with Foreign Oil Firms

By John Lee. Iran has signed non-disclosure agreements with three foreign oil firms to develop the South Azadegan joint oil field. Gholamreza Manouchehri, deputy CEO of National Iranian Oil Company (NIOC), said the agreements were signed with Japan’s Inpex, China’s CNPC, and France’s Total. “I cannot precisely point out that which fields will be assigned […]
September 19, 2016

OMV Resumes Purchasing Iranian Crude

By John Lee. Austria’s OMV is reported to have received the first consignment of crude oil from Iran in several years after sanctions were imposed on the country. OMV received 1 million barrels of crude oil from Iran in a spot delivery at the Italian port of Trieste.  The cargo will be further send to […]
September 19, 2016

Iran Seeks Win-Win Ties with Britain: Deputy Minister

Iranian Deputy Minister of Industry, Mines, and Trade Mojtaba Khosrotaj underlined that the Islamic Republic is after a win-win situation in its economic relations with Britain. Speaking in a Sunday meeting in Tehran with Britain’s trade envoy to Iran, Lord Norman Lamont, Khosrotaj said the volume of Iranian imports from Britain trails far behind the […]
September 19, 2016

Iran to discuss Banking Obstacles at UN

Iran’s Deputy Minister of Roads and Urban Development Asghar Fakhrieh Kashan said issues related to removal of banking obstacles to the revival of trade in the country under the JCPOA will be discussed on the sidelines of United Nations meetings in New York this week. “We are negotiating and I hope that during the trip […]
September 19, 2016

Bolivia seeks Iranian expertise in economic, development projects

TEHRAN – Bolivian President Evo Morales has voiced his county’s interest in the participation of Iranian companies in Bolivia’s economic and development projects, Shana reported on Sunday.
September 19, 2016

Iran’s 5-month food exports hit $850m

TEHRAN – Iran exported $850 million of food products in the first five months of the current Iranian calendar year (March 20-August 21), Mehr news agency quoted Mojtaba Khosrotaj, director of Iran’s Trade Promotion Organization (TPO), as saying on Saturday.
September 19, 2016

Increasing trade centers abroad atop agenda: TPO official

TEHRAN - Establishment of more over sea s trade centers is among the top priorities of Iran, a senior official in Trade Promotion Organization of Iran (TPO) told ISNA on Sunday.
September 19, 2016

Apple iPhone Has A One Billion Dollar Market in Iran

There are 5M to 6M iPhones in Iran. With the recent report from the Iranian officials, 100 thousand new smuggled iPhones get activated in the country each month. That's about 1.2M new iPhones being imported illegally into the country each year which is a one Billion dollar market in Iran.

The post Apple iPhone Has A One Billion Dollar Market in Iran appeared first on Techrasa.

September 18, 2016

Iran urges U.S. to unblock aircraft deals, seeks investors

Iran urged the United States on Sunday to remove remaining obstacles to it buying passenger planes following the lifting of international sanctions and spread out the welcome mat to foreign investors as it seeks to boost its aviation sector.
September 18, 2016

Iran-Australia trade confab opens Sept. 22

TEHRAN - Iran Chamber of Commerce, Industries, Mine, and Agriculture (ICCIMA) will host Iran-Australia trade conference on Wednesday, September 22, ICCIMA’s website reported on Sunday.
September 18, 2016

Austria’s OMV joins Iranian crude buyers club

Austria's OMV said on Friday it received 1 million barrels of crude oil from Iran in a spot delivery at the Italian port of Trieste which the energy group will send to its two refineries in Austria and Romania.
September 17, 2016

Iran’s renewable energies conference slated for December

TEHRAN – The international conference of Iran’s renewable energies will be held in Tehran on December 6-8, Shana reported on Saturday.