The Russian Energy Minister announced the agreement between Moscow and Tehran to purchase the Sukhoi Superjet 100 airliner to Iran's aviation fleet. “We discussed the possibility of our Iranian partners to purchase the Sukhoi Superjet 100, and we have outlined a plan to do this”, Alexander Novak stated in a conversation with "Russia 24".
The Minister of Economy of and the Minister of the Russian Trade and Economic Development Council have signed MoUs in Moscow’s President Hotel on Tuesday 6 March 2018. The Russian Ministry of Energy and the Petroleum Ministry of Iran will be working together on the geology of the Iran-India-Pakistan gas pipeline project, financing and investing in Iranian Industries and Mines, and joint research and development in the field of natural resources and the Caspian seabed.
The IR of Iran, Russia, and Kazakhstan have signed a Memorandum of Understanding for a trilateral trade in wheat. Iran has signed the MoU with the aim of becoming self-sufficient in wheat production and benefiting from its geographical location to become a trading hub for wheat and flour exports in the region.
An MoU has been signed between Iran's Industrial Development and Renovation Organization (IDRO) and the Indian Oil and Natural Gas Corporation Limited ONGC VIDISH for the development of the Susangerd oilfield in the southern Khuzestan Province of Iran. IDRO CEO, Nasrollah Zare’ei, said: “A similar MoU has been signed with the Russian Zarubezhneft petrochemical company and, together with the MoU signed with India, we intend to form a consortium.”
A trilateral cooperation agreement was signed between Iran's Technical and Vocational Training Organization, Iran Chamber of Commerce, and Germany’s Training and Skills Development Foundation for the implementation of the cooperation plan on professional and vocational training.
Iranian President, Hassan Rouhani, has inaugurated the country’s first hot briquetted iron factory (HBI) at the “Saba Foulad” steel complex. Sponge iron briquettes are a product of direct reduction of iron ore to iron by reducing gas or elementary carbon produced from natural gas or coal. The pellet shapes are spongy in appearance, hence the naming of the product.
President of China Council for the Promotion of International Trade said: “Shanghai is ready to welcome Iranian investors, as well as work on joint ventures with Iran.” Talking on the sidelines of the opening of the Iranian pavilion in Shanghai on Wednesday 28 February and the economic conference between Iran and China, he added: “In the past, the Silk Road strengthened ties between our two countries. This continues today at an even deeper level.”
The Central Bank of Iran (CBI) announced today, 28 February 2018, that orders will no longer be registered using the US dollar. However, this is not an ex post facto law for those orders that have received their 8-digit registration licenses prior to the above-mentioned date.
A contract has been signed between the Industrial Development & Renovation Organization of Iran (IDRO) and the Swiss Stadler Company, for the manufacture of 960 metro trains to run on the Tehran-Karaj line, aiming to create jobs and transfer technical knowledge. The contract is worth an estimated euros 1BN and 100MM with Swiss financing. It has been signed by Ali Araghchi, IDRO CEO on the Iranian side, and Mohammad Rahmani, Senior Stadler Negotiator on the Swiss side. The project will be carried out by “Polour Sabz-e Kerman” with Stadler financing.
The Islamic Republic of Iran and the Republic of Armenia signed four cooperation documents, including a document for a joint economic commission, two documents on customs cooperation, and a sports document, at the closing ceremony of the fifteenth session of the Iran-Armenia Joint Cooperation Commission.
An Iran-Germany business opportunity seminar is being organized by the state Ministry of Rhineland-Palatinate for Economic Affairs and the Iran Germany Chamber of Commerce and Industry. The seminar will take place on 28 February at the Isfahan Chamber of Commerce and on 3 March at the Tabriz Chamber of Commerce.
Following new tensions between Iran and the UAE, Tehran is seeking to downgrade Dubai as its regional trading hub and replace it with Qatar and Oman. The Financial Tribune writes that Iran’s recent decision has been taken following new pressures and restrictions by UAE and Dubai officials imposed on Iranian businessmen by ratifying new VAT laws, restricting visas, and limiting banking facilities.
The young 10-year old Iranian boy, Hossein Atayi Sangrudi from Karaj has already 16 inventions in his portfolio. Six of these are in the process of being registered. His inventions include the VTOL three-modality drones, gunboats, office furniture, miniature sprayer, multipurpose control for smart TVs, and so on.
In an interview with Persia Digest, Adib-Moghaddam said: It is imperative that Iran gets even closer to the EU, not least to keep the communication with Washington going, and to minimize misperceptions.
The German Schiller Group Concert is taking place in Tehran for the first time.
Christopher von Deylen, will be traveling to Tehran with his Group for the first time in mid-December to stage a concert at the Hall of the Ministry of the Interior over two nights on 11-12 December, at 21h30.
Iranian Prime Minister, Javad Zarif, has posted a tweet addressed to the Stockholm International Peace Research Institute (SIPRI): “There are at least 80 nuclear warheads stationed in the Middle East. None are in Iran; rather, they're at the fingertips of a warmonger who howls incessantly about fabricated Iranian “ambitions”. Time for an overdue debate on the real threat to the region & beyond.”
In a telephone conversation with the Emir of Qatar Sheikh Tamim bin Hamad Al Thani on Monday, President Hassan Rouhani expressed hope that Tehran and Doha can make the best of the many capacities they have to promote trade between the two countries.
Some time ago, Israeli PM Benjamin Netanyahu sent a video message about the water crisis in Iran, saying: “Israel has the knowledge to stop an environmental crisis in Iran and I want to share this with the people of Iran.” He pointed to the launch of a website and a telegram channel in Persian to fight the water crisis in Iran, and stated: “Israel is with the Iranian people and I want to save the lives of many of them.”
Bloomberg reports that Iran says Venezuela and Iraq will join it in blocking a proposal to increase oil production that’s backed by Saudi Arabia and Russia when OPEC and its allies meet in Vienna this week.