Tasnim News

Australia to reopen trade office in Tehran

Australia’s government has announced it will reopen its trade office in Iran later this month.

Trade

Iran, Netherlands discuss facilitation of trade, banking ties

Iran’s ambassador to the Netherlands and president of the European country’s central bank in a meeting in The Hague explored avenues to facilitate trade and financial transactions between the two counties.

Financial Markets

President Rouhani to visit Venezuela, Cuba, US

After attending a Non-Aligned Movement (NAM) summit in Venezuela this week, Iranian President Hassan Rouhani will travel to Cuba for an official visit before heading to New York to take part in an annual session of the UN General Assembly.

Macro Economy

Pakistani to boost trade with Iran

Pakistan’s foreign ministry has endorsed a plan to enhance political and business relations with Iran following the removal of anti-Tehran sanctions.

Trade

Iran exports 62mln barrels of condensate in 5 months

Total amount of Iran’s gas condensate output from South Pars supergiant gas field reached 77 million barrels in course of five months, an official said.

Energy

Iran favors Silk Road revival: Velayati

Head of the Strategic Research Center of Iran’s Expediency Council Ali Akbar Velayati voiced the country’s support for the revival of the Silk Road.

Trade

Iran to put oil Projects out to tender with new model of contracts

A top Iranian oil official said Tuesday that the country is going to put development of big oil fields out to tender using a new model of contracts known as Iran Petroleum Contract (IPC) for the first time in the coming weeks.

Energy

Grounds provided for foreign investments in Iran

Iranian Parliament Speaker Ali Larijani highlighted recent influx of foreign investments in the Islamic Republic, saying the grounds are provided for further investments from other countries.

Macro Economy

Iran attracts $4.1bln of foreign investment under President Rouhani: official

An Iranian official says the country has absorbed over $4 billion in foreign investment since President Hassan Rouhani took office in August 2013.

Macro Economy

Iran’s power generation capacity tops 75,000 MW

With the connection of the gas unit of a power plant in southern Iran to the national grid, the country’s nominal capacity to produce electricity reached 75,365 megawatts (MW).

Energy