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More EU investments for Iran

More EU investments for Iran

On the sidelines of his meeting with the Commissioner for Climate Action and Energy, a member of the European Commission, Iran’s Minister of Energy announced that a “Small-and Medium-Sized European Enterprises Investment” conference will take place in Iran in the autumn of 2018 as an opportunity to expand ties between Iran and the EU.  

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Petrochemical exports not affected by US withdrawal

Petrochemical exports not affected by US withdrawal

The Petrochemical Commercial Company of Iran Managing Director has announced: “The structures set up for the petrochemical Industry during the sanctions have been preserved. Therefore, the US withdrawal from the JCPOA and a probable return to reimposing certain sanctions will not create problems in this sector.”  

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Iran-Qatar Joint Economic Committee Meeting

Iran-Qatar Joint Economic Committee Meeting

After a 13-year hiatus, the 6th Iran-Qatar Joint Economic Commission will be meeting again on 13 and 14 May 2018 in Doha. A 70-strong delegation of Iranian businessmen and experts from the private and state sectors headed by the Deputy of the Ministry of Industry, Mine and Trade for international affairs, Mohammd-Reza Fayaz, entered the Qatari capital on Sunday morning.

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Three Iranian banks to open branches in Germany

Three Iranian banks to open branches in Germany

The Iranian Ambassador in Turkey has announced that the Iranian Middle East, Saman, and Sina banks will be opening branches in Germany to facilitate trade between Iran and its foreign partners, especially Europeans.  

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Joint Iran-Turkey cash cards on the way

Joint Iran-Turkey cash cards on the way

At a meeting with the Managing Director of Ziraat Bankası of Turkey, the Managing Director of the Melli Bank of Iran announced: “Cash cards are due to be issued for use between our two countries.”  

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Brazil will invest euros 1.2BN in Iran

Brazil will invest euros 1.2BN in Iran

The Brazilian Ambassador to Tehran announced: “Brazil will invest euros 1.2BN to implement projects in Iran.” At a meeting with members of the Abadan Chamber of Commerce, Rodrigo de Azeredo Santos stated: “We need to establish further bilateral banking and currency ties to promote trade between our two countries.”  

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Iran seeking alternative trade hub to Dubai

Iran seeking alternative trade hub to Dubai

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.  

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Rouhani travels to India for trade

Rouhani travels to India for trade

The Iranian President is traveling to India today under the auspices of economic ties which have diversified in various sectors, giving this political event a different aura.  

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Iran economic & banking delegation in France

Iran economic & banking delegation in France

Seyed Abbas Araghchi, political deputy at the Ministry of Foreign Affairs of Iran, is leaving for Paris today with a high level delegation of economic and banking officials to take part in the 2nd Euromoney Conference and conduct political and economic talks with French officials.  

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Iran-Europe credit line for agricultural products

Iran-Europe credit line for agricultural products

At a meeting with the Head of Tehran’s Chamber of Commerce, the Bulgarian Ambassador proposed a credit line for Iranian agricultural products between this country and Europe and asked for the support of the private sector in this area.  

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