Figures released by the Customs Administration of Iran show that the country’s exports from Germany have increased by 25 percent.
Iran has signed initial agreements with Germany’s Hermes insurance firm and Swiss Export Risk Insurance (SERV) to provide cover for transactions with Europe.
New indications show the world’s biggest exporter may join an ambitious project to develop a new multimodal transit corridor that connects northern Europe to India. The purpose: getting connected to Iran.
The British government has announced that it has removed Bank Saderat Iran (BSI) from its list of sanctioned entities.
KLM Royal Dutch Airlines, the flag carrier airline of the Netherlands, has officially resumed flights to Iran after a hiatus of over three years.
International insurance companies say they expect to see a major opening in the Iranian market in 2017 with several key players saying they have already won deals to cover businesses in the country.
German engineering giant Siemens says it is preparing to sign a major deal with Iran to develop the country’s railway system.
Canada’s flag-carrier airline Bombardier says it has no concerns to find a foothold in Iran’s aviation market even though it has been late on chasing opportunities in Iran.
French auto giant Peugeot Citroen PSA says it has serious plans to make Iran a “central” production hub in the Middle East.
An International Monetary Fund (IMF) staff report says that economic conditions are improving substantially in Iran following the implementation of the Joint Comprehensive Plan of Action (JCPOA).