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Chinese, Russian oil companies will return to Iran in 6 months

Chinese, Russian oil companies will return to Iran in 6 months

Former Head of the National Iranian Oil Company (NIOC) Research and Technology Center believes: “Chinese and Russian state-owned oil companies are concerned with their investments in the US; some may return to Iran for business in six months’ time with formal procedural changes taking place.”

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Rosneft leaves Iran joint investments of USD 30BN

Rosneft leaves Iran joint investments of USD 30BN

Russia’s largest oil producer Rosneft has decided to quit Iran and the possibility of US$30 billion worth of joint Russian-Iranian investments in oil and gas projects in the Islamic Republic, Russian business daily Vedomosti reports, quoting three sources close to Rosneft’s top management.

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Iran, EAEU move towards free trade

Iran, EAEU move towards free trade

Earlier this month, an interim agreement on free trade between Iran and the Eurasian Economic Union (EAEU) was approved at the regional body's summit in the Russian city of St. Petersburg. After relevant legal procedures in Iran are fully carried out, the deal is expected to take effect as of early 2019.

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Tehran hosts Speakers conference

Tehran hosts Speakers conference

The second Speakers’ conference between Iran, Pakistan, Turkey, China, Russia, and Afghanistan, aimed at combating terrorism and strengthening regional communications kicked off with the attendance of Iran’s president Hassan Rouhani on Saturday morning in Tehran.

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Kremlin: Keep Iran in the JCPOA deal

Kremlin: Keep Iran in the JCPOA deal

Russia sees no alternative to the Iran nuclear deal and call on all the parties to it to refrain from steps that might push Teheran towards withdrawal from it, Russian president’s press secretary Dmitry Peskov said on Monday, according to Tass.

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Putin restates support for JCPOA

Putin restates support for JCPOA

Russian President Vladimir Putin reaffirmed support for the Joint Comprehensive Plan of Action (JCPOA) during G20 Summit in Buenos Aires, Argentina, on Friday, IRNA reports.

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Iran, Russia expand security ties

Iran, Russia expand security ties

Iran's deputy interior minister for security affairs, Hossein Zolfaqari, met with Vasilii Piskarev, the chairman of the Russian Duma’s Committee on Security and Corruption Control, on Nov. 5. At the meeting, both sides stressed the need to finalize a bilateral security agreement and described cybersecurity, the fight against terrorism and countering drug proliferation and illegal immigration as key aspects of such an accord.

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Iran – Disgruntled by West, troubled by East

Iran – Disgruntled by West, troubled by East

“The look to the East” policy has been revived in Iran’s political strategy once again as a necessity. The topic is, in fact, being promoted mainly by the critics of Rouhani’s government who has been trying to improve the country’s position with Western countries over the past five years in office. Rouhani’s most significant initiative during this time has been the 2015 JCPOA nuclear accord signed with world powers to de-escalate and expand political and economic ties between Iran and the EU.

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The East provides no security or progress for Iran

The East provides no security or progress for Iran

A former Iranian diplomat believes: “With steps taken by China, Russia, and India to cut oil purchases from Iran and pay in rupees and barter trade instead of dollars and euros, the strategy of the “Look to the East” cannot help Tehran to appease sanction pressures significantly.”

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Iran's economic ambitions in Syria limited

Iran's economic ambitions in Syria limited

At an Iranian government-owned car plant near Homs, the small number of vehicles on the assembly line underscores the obstacles hobbling Tehran’s economic ambitions in Syria, reports Reuters.

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