Iran, first MidEast country to join Int’l pharmaceutical regulatory body

In a bid to increase the quality of the medicine produced in Iran, the country has been allowed as an observer member into the ICH, which oversees pharmaceutical production all over the world.

Iranian firms challenge US, European rivals in Iraq electricity market

Tehran has been seeking to get a bigger share of the huge reconstruction market in Iraq following the end of war against the ISIS. Iranian power companies are the main rivals for American and European firms who are struggling to win big contracts.

Indonesia to invest in Iran’s Arvand Free Zone

A regional Iranian Chamber of Commerce and Arvand Free Zone sign agreements with Indonesia to boost Jakarta investment in western Iran free trade zone.

Iran, Oman launch fourth direct shipping line

The two countries on either side of the strategic Strait of Hormuz enjoy long-standign political, military and commercial cooperation. Tehran and Muscat have been recently pushing for more bilateral trade.

Iran private sector builds 78 schools as part of corporate social responsibility

Iran’s private sector says it has completed construction of 78 schools across the country in the last four years as part of a nation-wide school-building project.

Iran eyes expanding ties with Turkey

With a long border of nearly 600 kilometres, Iran and Turkey have been boosting political and economic cooperation in recent years. The two have been coordinating the efforts through four rounds of bilateral talks which started in 2014.

Video

SPV to benefit SMEs, food and medicine trade: European Parliament rep

Chair of the European Parliament Delegation on Relations with Iran, Tarja Cronberg, who is visiting the country, says Europes financial mechanism to continue commerce with Tehran, would be used as a channel where humanitarian trade could come through without any hurdle.

Capital municipality makes public APIs in its “Smart Tehran” drive

The Iranian capital, Tehran, is home to nearly 12 million inhabitants and needs a better management to make living easier and more smooth. The authorities are pushing hard to make the city smart.

Chair of European Parliament delegation on relations with Iran meets ICCIMA president

Finnish politician, Tarja Cronberg, who is on a visit to Iran, met with Iran private sector presdient, Gholam Hossein Shafei, in a bid to understand the current state of the affairs in Iran after the unilateral withdrawal of the US from the 2015 nculear deal and revival of sanctions. She also talked about the European financial channel, the so-called Special Purpose Vehicle (SPV).

Iran expects EU to speed up creation of SPV: Iran Chamber president

President of Iran Chamber of Commerce says his country has pinned high hopes on Europe’s financial channel with Iran, known as Special Purpose Vehicle (SPV), calling it the best solution for the problems caused by the restoration of US sanctions.