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Iran options after US withdrawal from the JCPOA

Iran options after US withdrawal from the JCPOA

On 22 April 2018, al-monitor.com in New York writes that the Iranian Foreign Minister Mohammad Javad Zarif, speaking with Al-Monitor in New York, said that if President Donald Trump withholds the next round of Iran sanctions waivers due May 12, effectively exiting the nuclear deal, Tehran could resume its nuclear program “in a much more advanced way.” 

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Austrian investment in Iranian Railways

Austrian investment in Iranian Railways

At the meeting of the 10-member delegation from the Austrian railways industry with the Deputy of International Affairs of the Tehran Chamber of Commerce, Industries, Mines & Agriculture (TCCIM), the two sides emphasized the development of bilateral cooperation in rail transport.      

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Political and economic reasons of rising exchange rates

Political and economic reasons of rising exchange rates

Dr Mahdi Pazouki, Economist, told Persia Digest: “Currency fluctuations in Iran have two reasons. The financial reason is the volume of liquidity in the Iranian economy, which is tomans 1500TR. This large figure is a potential danger for the economy. Governments must direct this volume of liquidity towards production for economic growth. But, even if 10 percent of this large volume of liquidity enters the market, it will create fluctuations in currency rates due to the atmosphere of distrust and uncertainty.”

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50% German investment in Iran Stock Exchange

50% German investment in Iran Stock Exchange

Deputy Chairman of Iran Stock Exchange stated that over 50% of the investment volume in the Iranian capital market belongs to the Germans: “We will continue our contacts with the German investment supervisory authority carefully so as to preserve the confidence that German investors have made in the market, the supervisory body, and all the players in the domestic capital market.”

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Turkish company investment in Izeh Petrochemicals

Turkish company investment in Izeh Petrochemicals

An MoU has been signed between Khuzestan Province Governorate, southwestern Iran, and the Turkish Gama Enerji company. At the signing ceremony, Turkish Gama Enerji representative acting on behalf of the CEO relayed his company’s interest in investing in Khuzestan, and said: “Our company began its activities in Iran 18 months ago and we have been   interested in making a large investment here.”  

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Shanghai welcomes joint investment with Iran

Shanghai welcomes joint investment with Iran

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.”  

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South Korea to invest in Iranian solar project

South Korea to invest in Iranian solar project

South Korea will invest in the construction of a solar power plant in Zarandieh, central Iran. A South Korean delegation visited an area in Markazi Province, Iran, where a solar power plant is to be built, reported China's Xinhua News Agency.  

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The FATF welcomes Iran commitment

The FATF welcomes Iran commitment

The Financial Action Task Force (FATF) has decided to continue its suspension of counter-measures against Iran in light of its commitment to the Action Plan.

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Leading investors in Iran

Leading investors in Iran

Published statistics on the process of attracting foreign direct investment during the first nine months of this year indicate that Afghanistan with sixteen projects, Turkey with six projects, China and Germany each with five projects, and France with four projects rank first in injecting money to Iran’s industry, mining and trade sector.  

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IDRO and Russia sign oil agreement

IDRO and Russia sign oil agreement

The Industrial Development and Renovation Organization of Iran (IDRO) and Russian oil company Zarubezhneft signed an agreement to cooperate in the development of Susangerd oilfield.  

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Iran responds to WH National Security Advisor

Iran responds to WH National Security Advisor

Iranian Foreign Ministry spokesperson, Bahram Ghassemi, has said the speech of the White House National Security Advisor telling countries not to invest in Iran were an indication of their failed Iranophobic policies.  

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Renault to invest € 800MM in Iran

Renault to invest € 800MM in Iran

Renault Regional Manager in Iran, Pascal Felten, announced: “By launching a new round of cooperation between Renault and Iran, job opportunities will increase tenfold and Renault's total investment in Iran will reach € 800MM.”

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