German company to be launched soon in Iran’s West Azarbaijan Province

German fruit and beverages company Dohler has invested up to 20m euros in the northwestern Iranian province to produce fruit concentrate to both meet the internal demand and export to neighbouring countries.

European companies, banks ready to join Europe’s channel with Iran: INSTEX president

Several European companies and banks have expressed their readiness to join the European financial channel with Iran, INSTEX, in a bid to help operationalize the system, said new INSTEX president on Tuesday.

Joint chamber of commerce: Turkish firms eager to invest in Iran

Turkish companies are more willing to invest in Iran than other foreign firms, the chairman of Iran-Turkey Chamber of Commerce said as the two neighbours are seeking to consolidate their trade ties.

Iranian, French groups to help set up 4 new subway lines in Tehran

Tehran Municipality says that in collaboration with a French engineering and consulting group and the Iranian engineering group Gueno, four new subway lines have been mapped for Tehran

Iran, Russia ditch SWIFT, creating their own banking messaging channel

The decision to create a separate banking messaging channel comes after the Society for Worldwide Interbank Financial Telecommunication, known as SWIFT, announced in November that it would sever ties with individual Iran-based banks for the sake of the "global stability of the system".

Eurasia: open gates for over 500 Iranian goods to nearly 200 million people

The Eurasian Economic Union (EAEU) is about to fully start free trade with preferential tariffs with Iran after two years of negotiations and nearly one year of the treaty’s ratification by the Iranian lawmakers. Now, it’s a great opportunity to change the country’s economic course by exporting goods.

INSTEX President Bock visits Iran to discuss Europe-Iran trade

Michael Bock, former German ambassador and successor of Per Fischer at the head of INSTEX, visited Iran on Sunday to hold talks with German business delegates in Iran and other senior Iranian officials.

Video (Part 6)

‘Iran private sector should make most of Bulgaria’s vast trade potentials’

Saeid Hadei, President of Iran-Bulgaria Joint Trade Committee says the East European country has many trade potentials that can be exploited by Iran in a bid to open its way into the European Union.

‘India must resume oil purchases from Iran’

Indian columnist urges the government of Prime Minister Nrandra Modi to keep buying Iranian crude despite the US sanctions in a bid to maintain its leverage in the Iranian market in case sanctions are lifted.

Russia, Iran coordinating their payment systems as SWIFT alternative

SWIFT, an international messaging network for communications between banks, suspended access for several Iranian-based banks in November in the wake of US sanctions against the Islamic Republic.