Press TV

Iran, top travel destination for 2017

Iran has been recommended as a top travel destination for 2017 as the country takes steps to ease visa rules for foreign tourists.

Society Economy

Iran, Japan sign petchem funding deal

Iran says an agreement has been signed with Japan’s Itochu to fund one of its key petrochemical projects – the second such agreement signed with Japanese companies over the past few months.

Macro Economy

Germany OKs €1.2bn credit line for Iran railroad

Germany has reportedly agreed to provide Iran with a €1.2 billion ($1.27 billion) credit line to help finance a key rail project in what is seen as the biggest foreign financing the country has been able to secure after the removal of sanctions.

Transportation

Oman becoming Iran’s top trade partner

The latest official figures show that Iran’s exports to Oman increased by about 400 percent after the removal of sanctions in January in what could be a strong indication that the Sultanate is already replacing the UAE as Iran’s the most important regional trade partner.

Trade

Iran, International Trade Center sign agreement

The Trade Promotion Organization of Iran has signed a memorandum of understanding with the International Trade Center as part of Tehrans efforts to expand business with other countries.

Macro Economy

Italy eying further trade ties with Iran

Italys Economic Development Minister Carlo Calenda has vowed to support upcoming business deals with Iran.

Trade

US OKs sales of Airbus planes to Iran

The US has authorized Frances Airbus to sell 106 commercial planes to Iran.

Transportation

Iran to receive first Airbus jet in weeks

Iran says it expects to receive the first Airbus plane in a major deal that it has signed with the French aviation giant by the end of 2016.

Transportation

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