French carmaker Renault has signed a much-awaited agreement with Iran to produce more than 150,000 cars a year in the country – what is already being described as the Islamic Republic’s biggest ever auto deal.
Iran expects to export 1 million tonnes of surplus wheat and its products this year, up 60 percent from a year ago, the country’s trade regulator the Government Trading Company (GTC) says.
Iran’s state railway company and its Italian counterpart have signed a deal worth 1.2 billion euros ($1.3 billion) to build a high-speed rail line between Iranian cities of Arak and Qom.
Iran says it is confident that a US-led regime of sanctions that had been imposed against it as a result of disputes over its nuclear energy program “will never return”.
Iran and Italy will sign a deal worth 1.2 billion euros next week to build a high-speed railway between the central cities of Arak and Qom.
French energy giant Total signed a multi-billion-dollar gas deal with Iran, the first by a foreign firm in more than a decade.
Germany has announced its readiness to expand its banking cooperation with Iran and provide funds for the country’s economic projects.
European aviation giant Airbus says it has signed basic agreements with two Iranian airlines over the purchase of a total of 73 planes.
Iran says it has exported its first consignment of wheat after a hiatus of multiple years – what is seen as a robust sign that shows the country has not only been able to support domestic needs but also move ahead with overseas sales.
Iran has offered to allow Qatar use its southern ports to carry on its vital import activities after the emirate’s Arab neighbors united to isolate it.