Press TV

Iran expects $12bn in foreign investments

Feriyal Mostofi, a member of Iran Chamber of Commerce says the volume of foreign investments in the country is expected to increase by six times until next March to reach around $12 billion.

Financial Markets

Iran, Romania FMs sign documents of cooperation

Iranian Foreign Minister Mohammad Javad Zarif and his Romanian counterpart, Lazar Comanescu, have signed two documents of cooperation during a meeting in the Romanian capital of Bucharest.

Trade

Iran says final deals close with Airbus, Boeing

Iran’s Minister of Roads and Urban Development says the representatives of the two companies are making frequent visits to Tehran to put the last touches on the texts of the deals.

Transportation

Iran sets no limits for return of shipping, liner companies

Iran sets no limitations for the return of shipping and liner companies to the country’s ports, a senior Iranian official says.

Transportation

Iran to export hand-woven carpet to US directly

Iran says it will start direct exports of its traditional hand-woven carpets to the United States from early 2017.

Trade

Oman, South Korea, India to open bank branches in Iran

Iran says three foreign banks are in the process of opening branches in Iran.

Financial Markets

Iran’s exports of medicinal herbs at $300mn

Iran says it has exported above $300 million worth of medicinal herbs since January.

Agriculture and Environment

Iran, China seal New Silk Road deal

Iran says it has finalized a cooperation agreement with China that would allow Chinese traders to use the Iranian territory for exports to Europe.

Trade

Iran criticizes US for blocking trade ties

Iran has refreshed criticisms against the US for failing to facilitate international trade with the country as required by a nuclear deal sealed last year.

Financial Markets

Iran’s carpet exports to US at $50m after lifting sanctions

Iran says its exports of hand-woven carpets to the United States have reached around $50 million since the removal of sanctions in January.

Trade