A senior Chinese diplomat has thrown his country’s weight behind Iran’s membership of the Shanghai Cooperation Organization (SCO), an emerging economic and security alliance jointly led by China and Russia.
Signs are emerging that show the Eurasian Economic Union (EEU) – the Russia-led single market – is seeking deeper links with Iran after the re-election of President Hassan Rouhani.
Iran’s Oil Minister Bijan Zanganeh says the country is in a stronger position to continue its oil policies after the re-election of President Hassan Rouhani this past Saturday.
Iran’s tourism industry has been identified for a third straight year to have the most affordable prices in the world for foreign visitors.
Iran says the number of tourists that visited the country last year increased by above 30 percent from a year earlier – what could be an indication that one of the world’s top travel destinations is already finding its lost flavor after the removal of sanctions.
Germany’s Volkswagen says it has picked a local Iranian auto company to represent it in one of the biggest markets of the Middle East.
Lufthansa, Germany’s largest airline, has announced that it has started talks with Iran Air to provide a wide range of logistic support services to Iran’s flag carrier.
Iran’s national flag-carrier airline Iran Air has signed a contract to buy 20 turboprops from the French-Italian aircraft manufacturer ATR, an official says.
Russia says there is a “concrete” agreement with Iran for purchasing 12 Sukhoi Superjet 100 passenger planes.
Serious signs have appeared showing that doing business with Iran may have already started to return to normal a year after the removal of sanctions that had complicated commerce with the country since 2011.