Italian economic delegation due in Tehran Monday

An Italian economic delegation including 310 representatives of several companies and banks led by Minister of Infrastructure and Transport Graziano Delrio and Minister of Agriculture Maurizio Martina is to pay a three-day visit to Tehran.

Airbus eyes long-term cooperation with Iran

Airbus Group CEO announced that his company seeks long-term collaboration with Iran aiming to play a role in boosting Iran-EU ties.

France’s Vinci eyes construction of bullet train stations in Iran

The Chief Executive Officer (CEO) of Vinci SA, a France-based company, said the group is in initial talks with Iran over construction of high-speed train stations in the Islamic Republic following the termination of anti-Tehran sanctions.

Over 103.5 bcm of sour gas extracted from South Pars

Head of South Pars Gas Complex said on Sunday that 103.522 billion cubic meters of sour gas were extracted from South Pars joint field since mid-March, 2015.

Iran calls on US to reassure European banks over Tehran trade

Iran on Thursday called on the United States to make a clear public pledge that it would not penalize European banks for legitimate trade with the Islamic Republic.

Iran foreign trade booming as sanctions lifted

Economic Desk

Thirteen dead after powerful Taiwan quake fells buildings

Relatives of missing residents from a 16-storey apartment complex felled by a powerful earthquake in Taiwan that killed 13 people were praying for miracles Saturday as rescuers scoured the rubble for survivors.

Iran: Peugeot would pay compensation for withdrawal during sanctions

The French carmaker Peugeot would pay compensation to Iran according to a new contract signed with Tehran last month, for the losses inflicted through its sudden withdrawal from the Iranian market during sanctions, Iran's minister of industries, mines and trade said on Saturday.

Iran calls on US to reassure European banks over Tehran trade

Iran on Thursday called on the United States to make a clear public pledge that it would not penalize European banks for legitimate trade with the Islamic Republic.

Petchem output grows 4% despite sanctions

Iran said its petrochemical output has increased by at least 4 percent year-on-year despite the sanctions the country endured most of the current Iranian calendar year started March 21, 2015.

Russia to help construct Bandar Abbas power plant

Iran signed a contract with Russia on construction of a power plant with the capacity of 1,400 MW in Bandar Abbas, Hormuzgan Province, announced Energy Minister Hamid Chitchian.

Nuclear Deal Boosted Iran’s Image

The nuclear deal clinched with world powers helped remove the false image some western countries had depicted of Iran to justify taking security measures against the country, the top Iranian diplomat said. Foreign Minister Mohammad Javad Zarif made the statement while addressing a panel on "Post-JCPOA Opportunities" on Sunday in Tehran attended by representatives of political parties, religious minorities, trade unions and NGOs, IRNA reported.

Turkey Warns Russia Over “Airspace Violation”

Turkish President Recep Tayyip Erdogan warned Moscow on Saturday over a Turkish airspace violation, which has been denied by Russia.

UN chief denounces Israeli occupation, illegal settlements again

The United Nation (UN)’s Secretary General Ban Ki-moon has once again censured the Israeli regime for its decades-long occupation of the Palestinian territories and illegal settlement construction on the occupied lands.

Successful return of Iran to Europe: Report

Tehran, Jan 31, IRNA – The obstacles on the way of trade between Iran Europe are being overcome and Iran is now returning successfully to the European markets, the Russian Information Agency reported.

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