Legal Newsletter

Archive

 

In our newsletter, you will find the latest news and comments on legal and trade-related developments in various areas of Iranian commercial and financial law and practice.
 Contents
  Iran rejects reports on banning UK parliamentarian's visit
  Iran offers Azerbaijan to jointly produce vehicles
  Iran exports water, electricity engineering services worth over $4.3 bn
  Export of goods to Iraq via Mehran amounts to over $640m
  Iran makes absorbent for oil derivatives organic pollutants
  Iran's pistachio exports up by 21 percent
  Iran committed to reach final N-deal with G5+1: Official
  SP phase 12 to increase gas production
  Iran-Kuwait steel company begins pilot production
  Iran exports saffron to 45 states
  Iran to double gold production capacity
  Iran calls new EU sanctions 'questionable'
  Iran to host 1st int'l confab on media management
  Rouhani to visit Baku
  Int'l media to attend opening ceremony of 20th Press Expo
  36 countries to attend 2nd Int'l conference on Iran Auto Industry
  Goods exported to Europe, Asia via Razi customs
  Russian willing to fund Iranian gas project
  Iran petrochemical sector still under sanctions, top official says
  Headlines in Iranian English-language dailies on Nov 8
  Minister: Iran, Azerbaijan planning to increase eco-politic cooperation
  US opens channels with Iran over ISIL: Iran Daily
  Germany:Final agreement with Iran should be reached
  Iran opens int'l media exhibition
  Iran, first choice for investment
  Transit problem hampering exports at Bazargan border
  Foreign investors interested in Bushehr special zone
  Al-Monitor: US has proposed direct banking channel with Iran
  Seminar on 540th anniversary of Iran-Poland ties opens Nov 9
  European countries make up for top 10 exporters to Iran
  Realization of prerequisites for a single rate hard currency
  Mine companies to receive credit facilities
  Mineral exports hit $1.2b
  Official: Foreign investors rushing to Iran
  SP Gas Complex earns over $900m
  Iran seeks to double gas output by 2017
  German exports to Iran soar
  Private sector funds 90% of IMIDRO projects
  MAPNA: Iran's share of world turbine market increasing
  Grounds prepared for trade exchanges of Sumar border market with Iraqis
  Iran's next year budget bill to be drafted based on $85 oil price
  Iran, P5+1 can reach agreement on all issues: Rouhani
  Apple in talks to sell iPhone in Iran
  Iran raps Saudi dual-track approaches in talks
  Zarif, Kerry, Ashton to meet in Oman in early November
  Iran annually transits 12M tons of goods through 24 terminals
  Sanctions could be lifted: Analyst
  Turkish FM calls for promotion of ties with Iran
  Realization of gov't promises in South Pars
  Austrian traders keen to invest in Iran
  Iran wins three awards in Moroccan int'l fest
  Iran, China foreign ministers stress need for growing ties
  Tehran to host air, noise pollution confab
  Malaysia PM honors Iranian artists
  White House official: Nuclear deal with Iran top priority for Obama
  Iran's medicine exports to Russia hit $30m
  PSEEZ's gas condensates exports at 6.4m tons
  Iran-Afghanistan trade stands at $4b: Qashqavi
  Import of Basmati rice halved
  Government bans purchase of foreign goods similar to domestic products

  Iran Khodro Car Production up Three-fold

Increase of Iranian Gas Reserves and Petrochemical Exports

“We gave oil to bring junk goods from China”

2014.11.10
Iran rejects reports on banning UK parliamentarian's visit

Iran rejects reports on banning UK parliamentarian's visit

TEHRAN (ISNA)- Iranian Foreign Ministry rejected reports that it has banned visit of four British lawmakers in the country. An Iranian informed official in the Foreign Ministry rejected a US daily's report that it has prevented visit of four British lawmakers to Iran and called it 'unfounded' claim. The source said that Iranian parliament, responsible for parliamentary visits, has been responsible to decide about the issue. End Item

( Isna News Agency - 2014.11.10)

2014.11.10
Iran offers Azerbaijan to jointly produce vehicles

Iran offers Azerbaijan to jointly produce vehicles

ILNA: Azerbaijan and Iran may jointly produce cars, the member of the Iranian parliament’s mines and industries commission Ali Alilu told Trend.

An automotive manufacturing plant can be in Baku or Tabriz,” he said.

Alilu said that automakers must do some work for the development of cooperation between the two countries.

"The quality of jointly produced vehicles must comply with international standards,” he said. “The cars must compete with those of European producers. Azerbaijan and Iran has the potential to create such vehicles.”

Alilu said that there is an automotive manufacturing plant in Tabriz, Iran’s East Azerbaijan province. The plant has the necessary equipment for the production of qualitative vehicles.

He said that at present, various cars are imported from Iran to Azerbaijan.

"The two countries are cooperating in this area,” he said. “However, this cooperation is not at a satisfactory level."

Iran exported 1,481 passenger cars worth $ 10 million to Azerbaijan in 2013, according to the Iranian media reports.


( Ilna News Agency - 2014.11.10)

2014.11.10
Iran exports water, electricity engineering services worth over $4.3 bn

Iran exports water, electricity engineering services worth over $4.3 bn

Tehran, Nov 10, IRNA – Deputy Energy Minister for International Affairs says Iran is currently exporting $4.358 billion worth of technical and engineering services in the water and electricity field to over 20 world countries.

Esmail Mahsouli, speaking at a local session, further remarked that about $2.5 billion worth of projects are under study and in the process of contract signing and over $1.6 billion worth of projects have been completed.

He said Iran is implementing technical and engineering projects in the field of water and electricity in Ethiopia, the Republic of Azerbaijan, North Africa, Sri Lanka, Turkmenistan, Pakistan, Oman, Kenya, Afghanistan, Tajikistan, Iraq and Syria.

The official further remarked that 30 Iranian companies are actively present for the implementation of the projects despite financial problems.

He said the energy sector stood in the first and second places in 1390 to 1392 (2011-2014) among road, oil and gas, petrochemical, housing and industry sectors in terms of export of technical and engineering services.

“Exports of this sector related to Syria, Iraq and Sudan,” he said, adding that implementation of some projects required over $500 million which should be met by the Export Guarantee Fund.

He further noted that the Export Guarantee Fund in addition to increasing the amount of capital in funding the projects should make reforms in the field of interest and repayment duration.

Mahsouli expressed hope that the problem of payment of export awards will be solved through careful and realistic decision makings and that it should become permanent.

The deputy minister pointed to the lack of bank branches in target countries which creates financial problems and said the issue is expected to be solved with the recent proposal forwarded by the Central Bank of Iran.

He also pointed to customs problems as well as problems facing exports as the impediments on the way of export of technical and engineering services.


( Irna News Agency - 2014.11.10)

2014.11.10
Export of goods to Iraq via Mehran amounts to over $640m

Export of goods to Iraq via Mehran amounts to over $640m

Khalil Heydari, director general of Ilam Customs told IRNA that the amount shows an increase of 20% in terms of value as compared to the same figure last year.


He further remarked that the weight of the export goods amounted to over 1.560 million tons which shows an increase of 9% in terms of weight in comparison with the same period last year.

Heydari said the goods mainly included construction materials, plastic containers, metal products, glassware, fruits and vegetables.

Meanwhile, he added, over 287 tons of goods were imported during the past seven months through Mehran international border.

He put the value of the import goods which mainly consisted of plastic wastes and rice at $182.2 thousand.

Mehran international border which is the safest and closest transit way for the pilgrims of holy shrines and export of goods to Iraq is located in the western end of Ilam Province.

Over 800 trucks loaded with export goods pass the Mehran border into Iraq on daily basis.

Last year close to $1 billion worth of commodities were exported to Iraq through Mehran border terminal.

Ilam Customs from among 31 customs in the country stands in the seventh place in terms of weight and in 14th place in terms of dollar value of export goods.


( Irna News Agency - 2014.11.10)

2014.11.09
Iran makes absorbent for oil derivatives organic pollutants

Iran makes absorbent for oil derivatives organic pollutants

TEHRAN (ISNA)- Iranian chemistry researchers have built bio-compatible absorbents, capable of taking in organic pollutants, using nano-technology. Ali Pour-Javadi, a faculty member of Sharif Poly Technique University and researcher of the project, said the aim of the study is synthesis of network polymers (polymer jells) absorbing organic pollutants and mixture of the best properties of polymer jells and carbon-made nano-pipes inside them. He said that the synthesized absorbents are capable of taking in oil material and its derivates including organic pollutants. The product could be used in upstream oil projects and related petrochemical programs. It prevents release of organic pollutants in the environment and also further diseases. High speed and capacity of absorption, easy separation after absorptions of pollutants, low expense, simple synthesis, capacity of reuse and compatibility with the environment are some advantages of the device. The results of the study have been published in Polymer science: Part A, Polymer Chemistry. End Item

( Isna News Agency - 2014.11.09)

2014.11.09
Iran's pistachio exports up by 21 percent

Iran's pistachio exports up by 21 percent

TEHRAN (ISNA)- Iran's pistachio exports rose by 21 percent in the first seven months of Iranian calendar year, started on March 21. Iran has sold 38.6 thousand tons of pistachio by $321 million to different countries, with $10 for each kilogram, showing 21 percent rise comparing to similar period last year. Iran's pistachio export totals 1.65 percent of the country's whole exports, while last year pistachio included 1.48 percent of Iranian exports. The product's exports rose by 20 percent in terms of weight comparing to similar period last year. Iran exported 14.3 thousand tons of pistachio in similar period last year, worth 118 million dollars. The data shows that the country's pistachio exports rose by 83 percent in terms of value comparing to similar period in 2012. Hong Kong, Kazakhstan, the UAE, Iraq, Turkey, India and Germany were main customers for Iran's pistachio. End Item

( Isna News Agency - 2014.11.09)

2014.11.09
Iran committed to reach final N-deal with G5+1: Official

Iran committed to reach final N-deal with G5+1: Official

Tehran, Nov 9, IRNA – Iran is committed to make a final nuclear deal with G5+1, Presidential Aide for Cultural Affairs Hessameddin Ashna said on Sunday.

He made the remarks on the sideline of his visit to the 20th International Exhibition of Press and News Agencies in Tehran.
Zionist regime is trying to damage process of negotiations between Iran and G5+1 by making comments such as "no deal is better than a bad deal", Ashna added.

He noted that negotiations would continue and Tehran is optimistic about reaching a final deal with G5+1.
Ashna stressed in the meantime that Tehran will not make a deal with G5+1 at any cost.

( Irna News Agency - 2014.11.09)

2014.11.09
SP phase 12 to increase gas production

SP phase 12 to increase gas production

Tehran, Nov 9, IRNA - When platforms B and C of Phase 12 of South Pars (SP) become operational, Iran's gas output will rise by 60 mcm, managing director of Pars Oil and Gas Company said.

Ali Akbar Shabanpour added that Platform A of Phase 12 produced 1b cubic feet of gas in September 2013.
"Installation and commissioning stages of the two platforms of Phase 12 have been completed and they are in the pre-launch stage," he said.
“Production of the two platforms will come on stream on December.”
habanpour noted that when Phase 12 becomes fully operational, it will pump 81m cubic meters of gas into the national network daily.
Phase 12 is the biggest phase of South Pars in terms of scale, investment and production levels.
The South Pars Gas Field is estimated to contain 14 trillion cubic meters of gas and 18b barrels of gas condensates.
South Pars covers 3,700 square kilometers of Iran's territorial waters in the Persian Gulf. It adjoins Qatar’s North Field, which measures 6,000 square kilometers.

( Irna News Agency - 2014.11.09)
2014.11.09
Iran-Kuwait steel company begins pilot production

Iran-Kuwait steel company begins pilot production

Tehran, Nov 9, IRNA - Kuwait Unisteel Rolling Mill Company – established with Iran’s cooperation –started pilot production last week.

The company, built in 21 months with an investment of €77m has a production capacity of 240,000 tons of rolling mill products per annum. The company is capable of producing steel products in sizes ranging from 8 inches to 40 inches.

The company has a capacity to increase annual production by 160,000 tons.

Iranian Mines & Mining Industries Development & Renovation Organization (IMIDRO) owns 49 percent of the Kuwaiti company’s share.

The nominal rolling mill production capacity of the complex, which was earlier put at 650,000 tons per year, currently amounts to 900,000 tons per annum.

The industrial unit has created 165 direct jobs in Kuwait.

Unisteel Rolling Mill Company is a part of Kuwait Steel Complex project that will go on stream in 2015 with an annual production capacity of 850,000 tons.

The complex holds 62 percent of the country’s domestic market share.

In June, 2014, Deputy Minister of Industries, Mines and Trade and IMIDRO Chairman Mehdi Karbasian and Managing Director of Kuwait Steel Company Avvad al-Khaledi signed an agreement for construction of steel complex.

After signing the agreement, Karbasian said the agreement stipulates that in the first stage, the two sides will build a direct reduced iron facility with an annual output capacity of 1.6m tons, construct a steel mill with a production capacity of 1 million tons per year.

The two sides will establish a rolling mill production unit in the third stage with a capacity of 1m tons per annum and build a pelletizing plant with a capacity of 5 million tons of pellets annually.

Karbasian noted that IMIDRO is committed to provide land for the construction of the mills and supply 100 million cubic feet of gas and 200 megawatts of electricity for implementing the project.

Avvad al-Khaledi said the fund for implementing the projects would be secured by Kuwaiti financial institutions with a low interest rate.

( Irna News Agency - 2014.11.09)

2014.11.09
Iran exports saffron to 45 states

Iran exports saffron to 45 states

Tehran, Nov 9, IRNA - Iran, the world’s biggest producer of saffron, is exporting the most expensive spice to 45 countries, the secretary of National Saffron Council said on Saturday.

Farshid Manouchehri made the statement in an exclusive interview with 'Iran Daily', published Sunday, noting that Iran is the biggest producer and exporter of saffron in the world.

“Iran produced about 240 tons of saffron in the last Iranian year (ended March 20, 2014),” he said

Noting that 95 percent of saffron is grown in Iran, the official predicted that the production of red gold will reach 280 tons by March 2015, marking a 17-percent increase year-on-year.

“Global consumption of saffron stands at 300 tons, most of which is supplied by Iran,” Manouchehri said, noting that Iran earned $200 million by exporting 137 tons of saffron in the last Iranian year.

The official also noted that Spain, Greece, Italy and the UAE are among top importers of Iranian saffron, adding that these countries reexport it after packaging them.

“Countries such as Spain are gaining from processing and packaging saffron,” he said.

He noted that Spain, Greece, India and Afghanistan are rivals of Iran in the global market, while their outputs are not comparable with those of Iran.

“Over 70 percent of Iran’s saffron production are produced in the provinces of Khorasan Razavi and South Khorasan,” he said.

Referring to Western sanctions imposed on Iran’s banking system over its nuclear energy program, Manouchehri said these bans have no effect on the export of Iranian saffron because Iran is the biggest producer of the red gold.

Due to Iran’s diverse climate and fertile soil, the country’s agricultural products are rated among the best in the world, with its saffron ranking second to none.

Saffron is a spice derived from the flower of the saffron crocus. Some 300 tons of dried whole threads and powder are gleaned yearly worldwide, of which 50 tons are top-grade saffron.


( Irna News Agency - 2014.11.09)

2014.11.09
Iran to double gold production capacity

Iran to double gold production capacity

Tehran, Nov 9, IRNA - Iran will double its gold production capacity, when the Zarshouran Gold Complex in Takab city, West Azarbaijan province, goes on stream, said the executive manager of the complex.

Hosseinqoli Qovanlou added that Zarshouran Gold Complex is one of Iran's significant mineral plans with a production capacity of three tons per annum.

“At present, Iran’s public and private sectors produce 2.5 tons of gold and the complex will help increase gold production to 5.5 tons,” he said.

"It is predicted that when the factory becomes operational, it will produce 10 kg of pure gold per day and 1,250 kg and 500 kg of silver and mercury per annum."

The official noted that the complex has finished trial production and is ready to go on stream after completing the filtration sections.

Qovanlou said the complex is the biggest gold factory of Iran, adding that it uses a chemical method devised and registered by an Iranian firm to process gold.

"The complex includes mines, production lines for processing gold, silver and mercury, the required fuel, machineries, skilled workforce and the like,” he said.

“The launch of the complex will create jobs for over 1,000 people.”

Qovanlou announced that the gold mines will produce six tons of gold till the next 19 years.

( Irna News Agency - 2014.11.09)

2014.11.09
Iran calls new EU sanctions 'questionable'

Iran calls new EU sanctions 'questionable'

TEHRAN (ISNA)- Iran blasted the EU for imposing new round of sanction on Iranian institutions, calling it 'unconventional and questionable' act. "While nuclear talks are underway, and negotiations are on the course by the sides to reach an acceptable deal, the EU measure is questionable and runs counter to the process of negotiations and commitment of the other side," said Iranian Foreign Ministry Spokeswoman Marziyeh Afkham. The EU said on Friday that it has added three banking and educational institutions and an Iranian capitalist to the list of its sanctions, freezing their financial accounts and banned their presence in the member states of the bloc. End Item

( Isna News Agency - 2014.11.09)

2014.11.08
Iran to host 1st int'l confab on media management

Iran to host 1st int’l confab on media management

Tehran, Nov 8, IRNA – The National Library and Archives of the Islamic Republic of Iran (NLAI) will hold the 1st International Conference on Media Management on Nov. 9-10, 2014, said an official.

 
 According to the secretary of the conference Mahmoud As’adi, “the event is being held with the aim of institutionalizing the theories of media management in Iran.”

The conference will be attended by mediapersons as well as top officials and managers of press and news agencies.

Top articles selected from the works submitted to the conference’s secretariat will be awarded at the event.

The international conference will set up educational workshops for the participants who will also receive a certificate of the 1st international conference on media management.

The conference will review and study new theories of media management, media strategic management as well as the nature of media management in Iran and the world’s universities and the media's future.

( Irna News Agency - 2014.11.08)

2014.11.08
Rouhani to visit Baku

Rouhani to visit Baku

TEHRAN (ISNA)- Iranian President Hassan Rouhani would visit Baku in coming day to discuss issues of mutual interests as well as regional and international matters with Azerbaijani officials. He would also sign ten Memoranda of Understanding (MoU) to boost bilateral cooperation between the two sides during his visit which comes mid next week. Rouhani would discuss power purchase from Azerbaijan, way of using border rivers, managing customs-related issues, energy, gas, tourism and trade. Iran and Azerbaijan had already formed a joint commission during Azerbaijani President's visit to Iran Ilham Aliyev. A member of Iranian industrial activists and private traders from Tehran, West Azerbaijan, East Azerbaijan, Ardebil and Gilan would accompany the president in the trip. End Item

( Isna News Agency - 2014.11.08)

2014.11.08
Int'l media to attend opening ceremony of 20th Press Expo

Int’l media to attend opening ceremony of 20th Press Expo

Officials from 31 international media including 25 TV channels, four news agencies and websites, one radio channel and a magazine will be among the participants in the cultural event’s opening ceremony.

Besides this, some TV channels namely Germany’s ZDF, Turkey’s Anatolia, Qatar’s Al Jazeera, Lebanon’s Al-Manar, China’s Phoenix, Russia’s ITAR-TASS news agency, AFP, AP and Time magazine, as well as China’s CRI radio channel are to attend the event.

The media of 13 countries including Germany, the USA, Russia, France, China, Lebanon, Turkey, UAE, Kuwait, Iraq, Afghanistan, Syria and Qatar are among other applicants.

Majlis Speaker Ali Larijani, Minister of Culture and Islamic Guidance Ali Jannati and a group of mediapersons will also attend the event.

The opening ceremony of the event is being held at Imam Khomeini’s Mosalla (Prayers Ground).

The exhibition will run until November 14.

( Irna News Agency - 2014.11.08)

2014.11.08
36 countries to attend 2nd Int'l conference on Iran Auto Industry

36 countries to attend 2nd Int'l conference on Iran Auto Industry

The conference will be held in Tehran on December 1st aiming at attracting foreign investment and presenting domestic capabilities and capacities.


During the event the latest laws and regulations of the country about foreign investment, especially in auto industry, will be offered to the participants while domestic auto companies will elucidate their overall plans.

Most of the foreign participants, about 60 guests, will come from France followed by China with 40 participants, Japan with 20 and South Korea with 18, Qorbani told IRNA.

Other foreign guests will come from India, Switzerland, Turkey and Canada, said the official who is also the spokesman of Auto Policy-Making Council.

( Irna News Agency - 2014.11.08)

2014.11.08
Goods exported to Europe, Asia via Razi customs

Goods exported to Europe, Asia via Razi customs

Hossein Sivani, governor of Khoy, told reporters on Saturday that the goods were exported to Italy, Germany, Iraq, Turkey, Armenia and the Republic of Azerbaijan from Razi customs in the provincial city of Khoy.
He said the amount of exports shows an increase of 40% as compared to the same period last year.
Meanwhile, he added, the value of the exports also shows an increase of over 18% during the past year putting the amount at $5 million.
Different minerals, fruit concentrates, tomato paste, roofing and industrial salt were among major goowhich were exported from Khoy customs during the said period.
Also, about one million tons of goods worth $200 million has been transited through railroad during the same period which shows and increase of 100%, the official said.
During the past seven months, 238 thousand passengers transited the border which shows an increase of 86% in comparison with the same period last year.

Razi border is the third official Iranian border with Turkey. It is also the only railroad border of Iran with Turkey and European countries.

Khoy is located 130 km north of West Azarbaijan Province with a population of over 350 thousand.

( Irna News Agency - 2014.11.08)

2014.11.08
Russian willing to fund Iranian gas project

Russian willing to fund Iranian gas project

TEHRAN (ISNA)- Director General of National Iranian Gas Company (NIGC) said two Russian companies are ready to join Iranian gas projects. "We have held talks with foreign investors and we announced our conditions. Two Russian companies have been keen to fund the projects," he told ISNA. He also said the country has signed some Memoranda of Understanding (MoU) with foreign companies so far. Iran and Russia share common interests as the world’s gas giants and plan to increase their share of the international market, and as such, the two sides have agreed on the new cooperation plan. In June 2013, the UK-based energy giant, BP, classed Iran as the world’s top gas reserves holder with 33.6 trillion cubic meters. Iran has been trying to enhance its gas production by attracting foreign and domestic investment, especially in its South Pars gas field. In November 2013, the country was elected as the new head of the 13-nation Gas Exporting Countries Forum (GECF) for a two-year term. The forum is an intergovernmental organization of the world’s top natural gas producers comprising Algeria, Bolivia, Egypt, Equatorial Guinea, Iran, Libya, Nigeria, Oman, Qatar, Russia, Trinidad and Tobago, the United Arab Emirates and Venezuela. The GECF, which enjoys a strong position in the world gas market, was established with the objective of building a more meaningful dialogue between gas producers and consumers in an effort to protect stability and security of supply and demand in global natural gas markets. End Item

( Isna News Agency - 2014.11.08)

2014.11.08
Iran petrochemical sector still under sanctions, top official says

Iran petrochemical sector still under sanctions, top official says

ILNA: The sanctions on Iran’s petrochemical sector is apparently lifted, but the embargo is practically still in place, Deputy Oil Minister Abbas She’ri-Mohaqaddam said.

He said since the country’s banking sector is still under sanctions, practically Iran is not free to do business in the petrochemical sector.

He went on to note that the country needs $33 billion of investment to complete some petrochemical projects with the total capacity to produce 55 million metric tons of products.

“Once the projects come on stream, the country will be able to earn some $26 billion through exports,” he said.

Deputy Director of National Petrochemical Company (NPC) Mohammad Hassan Peyvandi said on October 26 that there are 67 incomplete petrochemical projects in the country.

According to Peyvandi, NPC has requested the Iranian government to allocate $5-10 billion out of the National Development Fund to finish the incomplete petrochemical projects.

"The money will be allocated to projects that are more than 60 percent complete," he said.

Peyvandi also said on September 29 that eight methanol-producing units will come on stream in Iran in the next five years.

“The units will have the capacity to produce 19 million metric tons per year,” he said.

Iran will launch 6 new petrochemical complexes by the end of the current calendar year (March 20, 2015).

Once the projects come on stream, the country’s total petrochemical production capacity will be increased by 2 million metric tons, Iran’s Mehr News Agency reported on October 5.

Iran’s total petrochemical production is expected to reach 44 million metric tons by the end of the current Iranian calendar year (March 20, 2015).


( Ilna News Agency - 2014.11.08)

2014.11.08
Headlines in Iranian English-language dailies on Nov 8

Headlines in Iranian English-language dailies on Nov 8

 

** IRAN DAILY

- Intense diplomatic flurry before Muscat talks

- Obama writes Iran's Leader about ISIL terrorists

- Iran Junior finishes runner-up in Asian waterpolo meet



** TEHRAN TIMES

- The time for a nuclear deal with Iran is now: ex-European dignitaries

- IAEA report reconfirms no diversion in Iran's nuclear program: ambassador

- Iranian weightlifters seek 2016 Olympics berths at World Championships



** KAYHAN INTERNATIONAL

- "Iran, P5+1 determined to reach nuclear deal"

- Dempsey: US can't destroy Iran's nuclear program by airstrikes



** FINANCIAL TRIBUNE

- 51% stake for foreign firms in auto industry

- Pulse of life in Zayanderud

- Straw: Tehran is part of the solution


( Irna News Agency - 2014.11.08)

2014.11.08
Minister: Iran, Azerbaijan planning to increase eco-politic cooperation

Minister: Iran, Azerbaijan planning to increase eco-politic cooperation

Tehran, Nov 8, IRNA – Iran's Minister of Communications and Information Technology Mahmoud Vaezi said Tehran and Baku are planning to increase cooperation in different areas especially in economic and politic sectors.

 
 He made the remarks in Baku in a meeting with Minister of Economic Development of Azerbaijan Republic Shahin Mostafayev.
Vaezi is there as the head joint Iran-Azerbaijan Economic Commission.
The Iranian minister stressed the various capacities existing in both countries for promoting relations.
He also discussed issues of mutual interest with the Azeri minister such as joint cooperation in oil and gas, electricity and power transfer, transportation, banking, trade and commercial cooperation.
Vaezi is also making the necessary coordination and arrangements for the next week visit of Iran's President Hassan Rouhani to Baku.
He is also following up a number of agreements and a memorandum of understandings with Azerbaijan done during the visit of the Azeri President llham Aliyev to Tehran.
Vaezi expressed satisfaction on development of mutual ties in all levels, especially in economic sector and said that since visit of President Aliyev to Iran a good atmosphere of cooperation had been created between the two countries.

( Irna News Agency - 2014.11.08)

2014.11.08
US opens channels with Iran over ISIL: Iran Daily

US opens channels with Iran over ISIL: Iran Daily

Amid revelations that Obama sent a letter to Iran Leader Ayatollah Seyyed Ali Khamenei last month pointing out the countries’ shared interest in beating ISIL, a senior US official and a Western diplomat tell CNN that Washington has gone through the Iraqis to communicate with Iran, added the English-language paper in its News Analysis column.


The conversations do not include taking joint military action against ISIL targets, the sources said, but are seen as necessary to avert conflict in US and Iranian operations. Senior White House adviser Dan Pfeiffer wouldn’t address specific outreach efforts in an interview with CNN’s Wolf Blitzer, but said: “We work very closely with the Iraqis and the Iraqis have a relationship with the Iranians,” noted the paper.

The discussions through the Iraqis are informal and conducted on a case-by-case basis via the Iraqi military, the sources said. The channels have become necessary, the US military official said, because the United States and Iran are now operating in the same spaces. As a result, “accommodations must be made indirectly,” this official said. This includes airspace management, so US and Iranian forces do not conflict while carrying out military operations in the same airspace, CNN was told. The revelation of the communications channel comes even as the military and administration continue to insist it is not cooperating with the Iranians on strategy or intelligence, the paper noted.

“With respect to Iran, we’re not coordinating with Iran, as you know,” said Gen. Lloyd Austin, the head of US Central Command, at an event moderated by CNN’s Jake Tapper on Thursday, when asked how the United States prevents any accidental killing of Iranians who are on the ground advising Iraqi forces.

The White House also stressed it is not working alongside the Iranian military.

“The United States will not cooperate militarily with Iran in that effort. We won’t share intelligence with them,” White House spokesman Josh Earnest said Thursday when asked about another communication between President Obama and Iran’s Leader.

Earnest would not acknowledge Obama’s letter, saying he would not talk about the “private correspondence” of the President.

“I can tell you that the policy that the President and his administration have articulated about Iran remains unchanged. The US is engaged in conversations with Iran in the context of the P-5-plus-1 talks,” Earnest said. “We have also discussed on the sidelines of those talks on at least a couple of occasions, the ongoing campaign that is being conducted against ISIL by the United States and 60 members of – now more than 60 – members who are part of this broader coalition,” the daily noted.

State Department spokeswoman Jen Psaki said US-Iran nuclear talks aren’t linked to US cooperation with Iran in combating ISIL.

“We don’t look at it as a linked situation,” she said. “Our concerns about Iran’s engagement are more expansive than that. Obviously, we understand that they have concerns about the threat of ISIL, which they have expressed as well, but I would not look at it as a path to a different type of coordination,” the daily quoted her as saying.

While the US acknowledged notifying Iran before striking in Syria earlier this year, administration officials have said there is no cooperation between the countries in combating ISIL. Secretary of State John Kerry said there would be no “cooperation,” but the US wanted to “de-conflict.”

“The US will not cooperate militarily with Iran in that effort. We won’t share intelligence with them. But their interests in the outcome is something that’s been widely commented on – commented upon and something that on a couple of occasions has been discussed on the sidelines of other conversations,” Earnest said. In September, Ayatollah Khamenei said he rejected US overtures to join the US-led coalition against ISIL. In comments released by Fars News Agency, Ayatollah Khamenei detailed what he called “US demands for cooperation.”

“During the hard days of ISIL’s attacks on Iraq, the US ambassador to Iraq demanded our envoy in the country (Iraq) that Iran and the US meet for negotiations and coordination on ISIL,” Ayatollah Khamenei said, using a derogatory nickname for ISIL.

“Our ambassador reflected the issue to Iran and although some officials didn’t voice opposition, I opposed it and said we will not cooperate with the Americans in this regard since they have a corrupt intention and stained hands and how could we have cooperation with the Americans under such conditions?”

Referring to Kerry’s comments that Iran would not be invited to join the anti-ISIL coalition, Ayatollah Khamenei said, according to Fars, “The same US secretary of state had personally demanded Iranian Foreign Minister Mohammad Javad Zarif, and called for cooperation with us on ISIL but Zarif had rejected his demand,” it noted.

Kerry added that the Acting Deputy Secretary of State Wendy Sherman, the lead US negotiator in the nuclear talks, “repeated the same demand for cooperation with Iran” with her counterparts. Obama has made at least two other overtures to the Leader since taking office in 2009, noted the paper in conclusion.

( Irna News Agency - 2014.11.08)

2014.11.08
Iran opens int'l media exhibition

Iran opens int'l media exhibition

TEHRAN (ISNA)- Iran inaugurated the 20th International Exhibition of Press and News Agencies on Saturday with the motto of "media, responsible freedom." Reports say that 440 media have registered for the expo which include different sectors of press institutions and dailies. Moreover, 31 international media including 25 TV channels, 4 news agencies, a news website, a radio channel and a journal have expressed their willingness to take part in the event. The event runs for a week. End Item

( Isna News Agency - 2014.11.08)

2014.11.07
Iran, first choice for investment

Iran, first choice for investment

The arrival of trade delegations in Iran concurrent with the sanctions relief following the interim nuclear deal between Iran and the P5+1 group of world powers as well as changes in the international attitude toward the Islamic Republic indicate the steady improvement of the country's economy.

These developments have triggered tough competition among foreigners to invest in the energy-rich country. This turnaround in Iran's economic situation can be juxtaposed with the past refusal of investors to consider the country's vast investment potentials due to the Western sanctions, a negative attitude toward the country and high investment risk. 

In these years, the country's investment situation was not suitable. However, following the election of Hassan Rouhani as president in 2013 and the emergence of an optimistic atmosphere, several trade delegations visited Iran to establish a base for future activities.

At present, many countries, including those in Europe, are suffering from the ongoing global economic crisis and the production sectors in these states are unsuitable. Hence, foreign investors are seeking safe and profitable venues for investments.

Iran is enjoying a very good situation in terms of investment due to its skilled workers, vast market and investment security compared with neighbors. The country's geographical situation can connect the West to a 400-million-strong market in the region. Iran's economic ranking is 22nd among 190 states.

Due to these facts, several states are seeking a share of Iran's trade. For example, Italy, which was Iran's second biggest trade partner in the past, is trying to reenter the Iranian market and not lag behind its competitors.    

We must make plans to help attract more foreign investors. Surveys show that Iran has the capacity to court investment in most of its industries and every kind of investments will generate good returns.

Oil and petrochemical sectors have good potentials for attracting investments. Under the current circumstances, we should focus on generating value-added products and avoid selling raw materials. 

The mineral sector can attract huge investment because Iran has different kinds of mines. The tourism sector also has a high capacity to draw investment because of the potential for building infrastructures such as hotels and other tourism facilities.

In fact, all infrastructures should be established for the entry and stay of foreign investors in the country to help boost the economy.

 

*Ahmad Pourfallah is the head of Iran-Italy Chamber of Commerce.


( Iran Daily News Agency - 2014.11.07)

2014.11.07
Transit problem hampering exports at Bazargan border

Transit problem hampering exports at Bazargan border

Tabriz, E Azarbaijan Prov., Nov 7, IRNA – Chairman of Iran-Turkey Joint Commercial Council Reza Kaami said the problem facing trucks carrying goods between Iran and Turkey has hampered realization of export targets between the two countries at Bazargan border.

Kaami told IRNA that sealing fuel tanks of Turkish trucks arriving in Iran is the latest agreement between officials of the two countries, adding that this way the Turkish trucks will not be allowed to refuel in Iran.

Referring to the opposition shown by the Turks for Iran’s measure in receiving the difference in fuel amount from Turkish trucks, he said the issue of sealing Turkish trucks had also been previously raised between the two sides.

He said since last month Turkey embarked on receiving extra transportation tariffs from Iranian trucks in Bazargan and such illegitimate tariffs has caused reduction of transit of goods between Iran and Turkey and has posed threats to export targets of the two countries.

He pointed to the importance of Bazargan border for the two neighboring countries and said increase in transit tariffs in addition to increasing transportation costs will also reduce the competitiveness of traders.

Turkey’s measure in increasing transportation tariffs at Bazargan border is being made while Turkish Economy Minister Nihat Zeybekçi announced in a gathering of exporters in the border city of Van last week that his country is firmly determined in the realization of the target of $35 billion trade with Iran.

( Irna News Agency - 2014.11.07)

2014.11.07
Foreign investors interested in Bushehr special zone

Foreign investors interested in Bushehr special zone

Bushehr, Nov 7, IRNA – Managing Director of Bushehr Special Economic Zone said foreign investors have expressed willingness for being present and having activities in Bushehr special zone.

Abdollah Avara told a session of economic activists in Bushehr that investors from the United Arab Emirates have specifically expressed their interest for making investment in a project for the construction of a power plant in the special zone.

He said the raw materials production units import to the zone are free from customs tariffs, adding that export of produced commodities from the zone is another advantage which could further encourage investment there.

Meanwhile, Chairman of Bushehr Chamber Ali Akbar Sharifpour said Bushehr port city is the cheapest port where production of commodities is the major factor for its trade prosperity which should be further encouraged in order to witness further boom in the special economic zone.

He said several Omani investors have asked Iran Chamber to put parts of the ancient textures of the province at their disposal for the construction of tourism infrastructures such as hotels for which negotiations are underway.

In another development, Bushehr Majlis deputy Abdolkarim Jomeiri told reporters on Thursday that preparations are being made for the formation of Bushehr Free Trade Zone.

Jomeiri said benefits of the free trade zone prior to being related to Bushehr belong to the entire province and on this basis grounds should be prepared as such that the whole province can take advantage of it.

He said he is an advocate of allocating free trade zone to Bushehr provided that its benefits will be greater than its damage for provincial people.

( Irna News Agency - 2014.11.07)

2014.11.05
Al-Monitor: US has proposed direct banking channel with Iran

Al-Monitor: US has proposed direct banking channel with Iran

Barbara Slavin, one of the al-Monitor experts on Iran, quoted a former US diplomat familiar with the negotiations in an article released on Tuesday. 

It said that as nuclear talks enter a crucial period ahead of the November 24 deadline, one of the incentives the Barack Obama administration is dangling before Iran is a direct banking channel between a US and an Iranian financial institution.

A former US diplomat familiar with the negotiations told al-Monitor on condition not to be named that such a proposal is on the table in talks between Iran and the five permanent members of the UN Security Council plus Germany (G5+1).

Tyler Cullis, a legal fellow and policy associate at the National Iranian-American Council told Al-Monitor, "We’ve heard indications that the idea is being considered."

Cullis said the creation of what is known as a "blessed channel" would serve several important purposes.

First, it would facilitate authorized transactions between the United States and Iran, which have been stymied in the absence of a clear route for moving funds.

"Even though US sanctions permit the sale of food, medicine and certain communications devices, for example, US suppliers have struggled to figure out a reliable, legal way to get paid."

Personal remittances to and from Iran have also been hindered, Iranian students in the United States have had difficulty transferring funds to pay their bills and even US-based charities have been blocked in efforts to send aid to Iran.

"When a Boston doctor recently tried to send $100,000 to expand an orphanage in Kashan, his charity’s longstanding bank account was closed."

The second important purpose, Cullis said, is that it would send a signal to European and other foreign banks that they can resume normal operations with Iran because “the US is turning the page."

"A direct financial channel would help sustain a nuclear deal with Iran by ensuring that Iran receives the sanctions relief the United States pledged it at the negotiating table,” read the statement, which was shared with al-Monitor in advance.

( Irna News Agency - 2014.11.05)
2014.11.05
Seminar on 540th anniversary of Iran-Poland ties opens Nov 9

Seminar on 540th anniversary of Iran-Poland ties opens Nov 9

According to Foreign Ministry's Media Department, the event will be held by the ministry's Documents and Diplomatic History Bureau in cooperation with Polish Embassy in Tehran.
During the seminar to be attended by the Minister of Culture and Islamic Guidance Ali Jannati and Polish deputy minister of culture and national heritage, a number of Iranian and Polish researchers will talk about various topics such as 'history of Iran-Poland ties', 'Iran-Poland ties in era of globalization, scientific, cultural and artistic cooperation and commercial and economic opportunities in Iran and Poland.
Meanwhile, an exhibition of historical documents featuring bilateral ties since Safavid era up to contemporary era as well as relevant books will be held on the sidelines of the upcoming seminar.

( Irna News Agency - 2014.11.05)

2014.11.05
European countries make up for top 10 exporters to Iran

European countries make up for top 10 exporters to Iran

Tehran, Nov 5, IRNA – Four European countries, namely Germany, Switzerland, Italy and the Netherlands were among top ten exporters to Iran during the first half of the Current Iranian year (started March 21), Ministry of Industry, Mines and Trade announced Wednesday.


During the six-month period, the four mentioned countries exported a total $2.995 billion worth of commodities to Iran, according to the announcement. 

Compared to figures from last year, Germany, with some $1.249 billion worth of exports to Iran, remained the six-biggest exporter to Iran and the top European exporter.

Switzerland exported some $780 million worth of commodities to remain the seventh-biggest exporter to Iran, while Italy and the Netherlands claimed the eighth and ninth places respectively, it added.

According to customs data, the United Arab Emirates, China, India, South Korea and Turkey were respectively top five exporters to Iran during the first half of the current Iranian year.


( Irna News Agency - 2014.11.05)

2014.11.05
Realization of prerequisites for a single rate hard currency

Realization of prerequisites for a single rate hard currency

Despite the fact that a single rate was due to be introduced for hard currency in the second half of the current year (starting from September 23), economists of the 11th government promised to realize the plan in the next Iranian year, a plan which brings many developments in the Iranian economy and results in market stability.

Economists believe that increasing hard currency rates will entail benefits such as global competitiveness and exports while two hard currency rates is destructive for the country and results in corruption.

Hard currency rates, particularly the US dollar as the main intermediate between Iran’s transactions with other world countries has suffered fluctuations in recent years and sometimes three rates have been practiced for the dollar and the change in price has generated outstanding rent for some people and some groups.

But what is more important than a single rate for hard currency is its sustainability which is not possible except in the light of proper oil revenues and development of foreign relations.

Meanwhile, Governor of the Central Bank of Iran Valiollah Seif has referred to provision of a stable economic situation as the most important prerequisite prior to introducing a single rate for hard currency and announced that currently steps are being taken in this direction.

However, with regard to realization of preconditions of the CBI governor, it seems that grounds have been prepared for implementation of the policy for a single rate hard currency and as a result next year will provide a good opportunity for the officials to put the single rate policy into force.

( Irna News Agency - 2014.11.05)
2014.11.05
Mine companies to receive credit facilities

Mine companies to receive credit facilities

Mehrdad Sherbaf, a member of the board of directors of the Mining Investment Insurance Fund, said the companies will be granted a maximum of $17 million to import mining machineries.

“The fund, affiliated to the Iranian Mines & Mining Industries Development & Renovation (IMIDRO), is ready to issue insurance coverage for private mining companies,” he said.

Daryoush Divdideh, the managing director of Industries, Mines and Trade Department of Kohgilouyeh-Boyerahmad, said Iran’s southwestern province exported 3,000 tons of mineral products during the seven months ending October 22.

“The exports were valued at $4.5 million,” he said.

He added that China, Iraq and Persian Gulf littoral states were the main destinations of mineral products, including cement.

Divdideh noted that of the 700 mines in the province, 500 are active.

Iran is among the 15 major mineral-rich countries and exports industrial and mineral products to 159 countries, including Iraq, China, the UAE, India and Afghanistan.

Iran exported 11.36 tons of mineral products worth $1.2 billion from March to July 2014.

 

( Iran Daily News Agency - 2014.11.05)

2014.11.05
Mineral exports hit $1.2b

Mineral exports hit $1.2b

The Ministry of Industries, Mines and Trade announced that Iran exported iron ore, iron and steel products, as well as white cement, worth $1.2 billion during March 21-September 22.

The products were among the 10 major Iranian export commodities, IRNA reported.

In the same period, the value of Iran’s iron ore granules with a purity of less than 40 percent amounted to $497 million and accounted for 3 percent of the total exports.

This is while the price of each ton of iron ore in the same time-span was about $66.

During this period, Iran exported $411 million worth of steel and iron products accounting for 2.5 percent of the country’s total exports.

The price of each ton of the products amounted to $705.

In this period, the country exported $330 million tons of cement, accounting for 2 percent of the total exports. Each ton of the product was valued at $60.

Iron ore, iron and steel products, as well as white cement ranked sixth, seventh and ninth respectively, among the top 10 major Iranian export items.

Iran’s total non-oil exports, including goods, services and gas condensates, in the six months amounted to $28.178 billion, showing an 18-percent growth year-on-year which was $23.87 billion.


( Iran Daily News Agency - 2014.11.05)

2014.11.05
Official: Foreign investors rushing to Iran

Official: Foreign investors rushing to Iran


Kourosh Taherfar, the deputy head of the Organization for Investment Economic and Technical Assistance of Iran, told Iran Daily that the main reason for the remarkable increase in foreign investment in the past year is the policies adopted by the government.

Taherfar noted that the 'positive trend' in the nuclear talks between Iran and the world powers has also encouraged foreign companies to invest in Iran and more companies would rush to the country once anti-Iran sanctions are lifted following a final nuclear agreement.

“Currently leading companies are studying Iran's market and contacting us for investment,” the official said.

Taherfar said visits by foreign leaders and ministers, particularly Europe, to Tehran over the past year have sent positive signals to their private companies about investment security in Iran.

“Investment in Iran will be highly beneficial to Western countries since Iran is among the countries with huge capacities for attracting investors,” he noted.

The official added that qualified workforce, resources, abundant natural resources, and accessible network of roads and railways are among the features that make Iran favorable for investment.

“Moreover, Iran's investment rules and regulations are explicit and do not exclude foreign investors from advantages extended to domestic investors. Foreign investors are given even more privileges,” Taherfar said.

The official said Iran’s economic conditions are improving and 'political animosity' will only be more harmful for Western countries.

“Western countries want to prevent losses by establishing their presence in Iran,” he concluded.

Moreover, Director General for foreign investment office of the Organization for Investment, Economic and Technical Assistance of Iran (OIETAI) Abolfazl Koudeie said on Wednesday that the presence of foreign investors in Iran is growing.

Speaking to reporters, he added that presence of the foreign investors' delegations in Iran has increased eight times more than the previous years.

Koudeie said that government has done its best to facilitate foreign investment and has removed many of their concerns.

 

( Iran Daily News Agency - 2014.11.05)

2014.11.04
SP Gas Complex earns over $900m

SP Gas Complex earns over $900m

South Pars Gas Complex has earned $989 million by producing over 1.6 billion cubic meters of gas in the six months ending Sept. 22, managing director of the company said.

Masoud Hassani made the remark on the sidelines of the meeting with the visiting Deputy Oil Minister Mansour Moazzemi, adding that the time for repairs has witnessed a 40-percent decline by increasing efficiency.

“In this period, propane and butane production increased by 272 and 59 percent respectively, compared with the same figure of last year,” he said.

Speaking on the 99.7-percent reliability of the complex, the official said gas injection to the Fifth National Pipeline also showed a 78-percent increase.

Statistics on the complex’s production will be analyzed in weekly meetings called “monitoring production performance”, he said.

Hassani noted that the complex’s development will also be examined every three months to fulfill the programs of 2025 Vision.

 ( Iran Daily News Agency - 2014.11.04)

2014.11.04
Iran seeks to double gas output by 2017

Iran seeks to double gas output by 2017

Holding the world’s largest natural gas reserves, Iran produces as much as 550 million cubic meters (mcm) of gas a day, and work on four phases of South Pars will add 100 mcm by March, Hamid Reza Araqi, managing director of National Iranian Gas Company (NIGC), told Bloomberg in Tehran.

“Our forecast is that during the winter this year, our production will reach 680 mcm,” including output from fields other than South Pars, he said, without identifying the additional deposits.

“Over the next three years, our plan is to increase production to 1 billion cubic meters per day. The Persian Gulf country plans to achieve its gas target for 2017 even if sanctions stay in place.”

South Pars, together with Qatar’s North Field, comprises the world’s biggest gas deposit.

Araqi said Iran exports 30 mcm of gas a day, mostly to Turkey, and has signed an agreement to start supplying power plants in neighboring Iraq by April.

The NIGC chief announced exports to Iraq are due to increase to 25 mcm a day in three years.

“Right now, we only have a contract to supply Baghdad. Iran is able to expand supply to include buyers in Iraq’s southern Basra province and the country’s northern Kurdish region, depending on the outcome of talks between the two governments,” he said.

“We will be ready to export gas, if they can be ready to receive it from us. If they can’t, then we can use it for our own supply needs.”

Iran also has a $1.3 billion contract with neighboring Pakistan to supply that country with 21.5 mcm of natural gas a day. The project has been on hold, as Pakistan has failed to build its section of a shared pipeline because of a lack of funds.

South Pars, which Iran shares with Qatar in the Persian Gulf, is estimated to contain 14 trillion cubic meters of gas and 18 billion barrels of condensates.

In 2012, the US and the European Union imposed tough restrictions against Iran's energy sector. The ongoing nuclear talks between Iran and six world powers have raised hopes of lifting sanctions.

 

( Iran Daily News Agency - 2014.11.04)

2014.11.04
German exports to Iran soar

German exports to Iran soar

Germany, Europe's biggest economy, is traditionally Iran's most important trading partner in the 28-nation European Union, Reuters reported.

Data from the Statistics Office show exports to Iran rose by 32.7 percent to €1.6 billion in the first eight months of the year compared to last year’s figure.

In 2013, they slumped by 26 percent and in the two previous years they fell by more than 18 percent.

While the amounts are small, the data are something of a bright spot for Germany, whose export-oriented economy is suffering from modest global growth and weakness in much of the European market.

Iran and the six world powers, including Germany, reached an interim deal last November under which Tehran received limited sanctions relief.

"These relatively small steps have been like a lever starting a bigger movement," said Jens Nagel of the BGA exporters' and wholesalers' association.

"The German economy especially could profit from a relaxation (in the sanctions)," he said, adding there was demand in Iran for German machines, vehicles and chemicals.

Several major companies such as Siemens had been forced to reduce their activities in Iran due to the sanctions. Other companies with business interests there include Bayer and utilities RWE and E.ON.

Iran and the six powers – the United States, China, Russia, Britain, France and Germany – have set a deadline of Nov. 24 to reach a long-term agreement on Iran's nuclear program.


( Iran Daily News Agency - 2014.11.04)

2014.11.04
Private sector funds 90% of IMIDRO projects

Private sector funds 90% of IMIDRO projects

Ninety percent of the projects belonging to the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) are funded by the private sector.

Speaking in the organization’s General Assembly, Deputy Industries, Mines and Trade Minister Mehdi Karbasian said based on IMIDRO’s plan to boost private sector participation, the project cost projected by the government amounted to $1.23 billion.

“Out of the 29 projects, contractors have been selected to implement seven projects and some of the projects have been implemented by the private sector,” he said.

Karbasian noted that the private sector has a 65-percent share in some of the provincial steel projects.

“Implementation of complementary phases of Sangan with a 51-percent private sector share, formation of a private sector consortium with steel companies for the implementation of a graphite electrode project and the presence of private sector in the implementation of projects for the development of mines 5 and 6 of Golgohar are some of the projects,” he said.


( Iran Daily News Agency - 2014.11.04)

2014.11.04
MAPNA: Iran's share of world turbine market increasing

MAPNA: Iran’s share of world turbine market increasing

Tehran, Nov 4, IRNA – Relying on Iranian technicians' efforts we are manufacturing turbines with 70% output, which has led to the country’s increased share in world turbine market, Managing Director of MAPNA Industrial Group Ali Aliabadi said here Tuesday.

Criticizing some Iranian importers of low output turbines, he said in an interview with IRNA that presently the MAP-2B large turbines’ output is only 3% lower than the Class F turbines produced by world famous brands.

The MAPNA managing director said that his affiliated industrial group’s newly presented MGT-30 turbine for Iranian and foreign clients can be used in gas operated turbo compressors.

Referring to MAPNA’s capability of producing larger or smaller sizes of such turbines, he said that the volume and weight of them are satisfactory and they can be used in air and naval industries.

Aliabadi said that MAPNA’s survey, research and development activities includes close ties with the country’s technical universities, cooperation with the major world companies, expansion of the sales markets inside the country and abroad, and job creation, all of which have been in mind in production of the MGT-30 turbines.

( Irna News Agency - 2014.11.04)

2014.11.04
Grounds prepared for trade exchanges of Sumar border market with Iraqis

Grounds prepared for trade exchanges of Sumar border market with Iraqis

Qasr-e Shirin, Kermanshah Prov., Nov 4, IRNA – The caretaker of Cooperative and Trade Chamber of Kermanshah said here on Monday that grounds have been prepared for trade exchanges between Iranian and Iraqi businessmen through Sumar border market.

Ghaffar Mohammadi told IRNA that agreement has been reached with the Iraqi side for further expansion of trade transactions through broader cooperation and interaction.

He said there is readiness to provide different standard and quality goods for the Iraqi side through cooperatives.

The official said with the realization of this effort, in addition to provision of commodities needed by the people of Diyala, addressing the demands of the people of Baghdad as well as southern provinces of Iraq is quite possible for the border cooperatives.

He further remarked that due to suitable access of Sumar border market with the Iraqi capital, this market is the most proper place for trade transactions between the two sides.

Mohammadi said that reopening of Sumar border market was a dream and the legitimate demand of the people of this region which turned into reality through efforts which have been taken.

Agreement has been reached between the two sides for the dispatch of a trade delegation from Diyala Province of Iraq to Kermanshah next week for making the required decisions for the development of trade exchanges between the two sides.

( Irna News Agency - 2014.11.04)
2014.11.03
Iran's next year budget bill to be drafted based on $85 oil price

Iran’s next year budget bill to be drafted based on $85 oil price

ILNA:

Iranian MP Nader Fereidooni, who chairs the oil, gas, and petrochemicals committee of the parliament, said the current year’s budget faced with deficit due to the recent decline in oil price.

Oil revenues should account for just 50-60 percent of the next year’s budget bill, he added.

The next Iranian calendar year will begin on March 21, 2015.

Iran’s current year budget law has been developed based on $100 per barrel oil price.

Iranian MP Gholamreza Mesbahi-Moghaddam said on September 2 that the sanctions have decreased the dependence of Iran’s budget on oil exports to 40 percent from the previous figure of 56 percent.

Mesbahi-Moghaddam, head of parliament’s budget and planning committee, said that a decrease in oil exports has resulted in less dependence on the oil revenues, Iran’s IRNA News Agency reported.

"Even if the sanctions are lifted, Iran needs to continue decreasing its budget’s dependence on the oil revenues," he added.

In October, Iran’s deputy oil minister said that the recent drop in oil prices is short-lived, the oil ministry’s news agency Shana reported.

Rokneddin Javadi, who is also the managing-director of the National Iranian Oil Company (NIOC), asked if the fall in oil prices would harm Iran’s budget, said: "I don’t think so."

The IMF has estimated that to achieve a zero fiscal balance Iran needs oil prices to be $130 a barrel, the second-highest after Libya of eight of OPEC’s 12 members it looked at.


( Ilna News Agency - 2014.11.03)

2014.11.03
Iran, P5+1 can reach agreement on all issues: Rouhani

Iran, P5+1 can reach agreement on all issues: Rouhani

ILNA:

“If the nuclear negotiating sides have serious determination, we can reach a comprehensive agreement in all fields in the remaining time,” President Rouhani said in a Sunday meeting with Norwegian Foreign Minister Borge Brende in Tehran.

Rouhani described the bans against the Iranian nation as unacceptable and incorrect and added, “Sanctions are not beneficial to anybody.”

The Iranian president stated that the Islamic Republic is serious in its negotiations with the P5+1 and has always been “very transparent” on nuclear issues.

“Our [nuclear] activities are under the supervision of the International Atomic Energy Agency (IAEA) and within the framework of the NPT [Non-Proliferation Treaty],” Rouhani pointed out, expressing hope that Iran and the six countries would achieve a win-win result in the nuclear talks which would be beneficial to both sides.

Iran and the five permanent members of the UN Security Council – Russia, China, France, Britain and the US -- plus Germany will open a new round of talks about Tehran’s nuclear energy program in the Omani capital, Muscat, on November 11.

The two sides are in talks to work out a final deal aimed at ending the longstanding standoff over the Islamic Republic’s nuclear energy program before November 24.

Sources close to the Iranian negotiating team say the main stumbling block in the way of resolving the Western dispute over Iran’s nuclear energy program remains to be the removal of all the bans imposed on the country, and not the number of centrifuges or the level of uranium enrichment.

Tehran wants the sanctions entirely lifted while Washington, under pressure from the pro-Israeli lobby, insists that at least the UN-imposed sanctions should remain in place.

Brende, for his part, expressed his country’s willingness for broad cooperation with Iran, saying big Norwegian firms are prepared to resume their activities in Iran as soon as possible.

The Norwegian minister added that Iran plays a key role in the region, saying that Oslo believes Tehran enjoys great potential to establish regional security and stability.


( Ilna News Agency - 2014.11.03)

2014.11.01
Apple in talks to sell iPhone in Iran

Apple in talks to sell iPhone in Iran

TEHRAN (ISNA)- Apple Inc. is in contact with Iranian distributors about possibly entering the country should Western sanctions ease sufficiently, informed sources said. Senior Apple executives have met potential Iranian distributors at Apple’s regional headquarters on London’s Hanover Street, people familiar with the matter said. The Cupertino, Calif., company explored having Iranian partners sell Apple products at so-called premium resellers, some of the sources said. Instead of company-operated Apple stores, such outlets would be midsize franchisees that sell Apple products only, a model the company has used in Europe and Asia, they said. A move into Iran for any Western company is still fraught with obstacles. The US in May of 2013 lifted rules that had barred the sale of consumer communications technologies in Iran. For Apple, Iran’s 77 million people offer a particularly attractive new market. Iran’s population is relatively young, with?42% of its people under age 25. Iran also boasts a relative large middle class, WSJ reported. End Item

( Isna News Agency - 2014.11.01)

2014.11.01
Iran raps Saudi dual-track approaches in talks

Iran raps Saudi dual-track approaches in talks

TEHRAN (ISNA)- Iranian Deputy Foreign Minister for African and Arab Countries Hossein Amir-Abdollahian criticized Saudi Arabian dual-track approach regarding talks with the Islamic Republic of Iran. "We had constructive negotiations during meeting between foreign ministers of the two countries (Iran and Saudi Arabia) and also during my trip to Jeddah. We heard good remarks from Saudi foreign minister. However, unfortunately, Mr. Saud al-Faisal made negative and destructive remarks in media which run counter to relations and negotiations between the two sides," Amir-Abdollahian said. He also noted that honesty, explicitly and good willing are the most important requirements in the process of talks. The Iranian official noted that Iran would press ahead with dialogue and talks with regional countries including Saudi Arabia. He also noted that Saudi Arabia should know decide whether it is following the process of talks with Iran or destructive media remarks. "We are resolved to hold talks on supporting regional countries in fighting terrorism and extremism, and we will not wait for a moment." End Item

( Isna News Agency - 2014.11.01)

2014.11.01
Zarif, Kerry, Ashton to meet in Oman in early November

Zarif, Kerry, Ashton to meet in Oman in early November

ILNA:

US State Department spokeswoman Jen Psaki said on Friday that Zarif, Kerry and Ashton are slated to meet in the Omani capital Muscat on November 9-10 to discuss steps toward a comprehensive final deal on Iran’s civilian nuclear work.

Iran and the P5+1 group -- Russia, China, France, Britain, the US and Germany -- are in talks to work out a final deal aimed at ending the longstanding standoff over the Islamic Republic’s nuclear energy program as a November 24 deadline draws near.

Sources close to the Iranian negotiating team say the main stumbling block in the way of resolving the Western dispute over Iran’s nuclear energy program remains to be the removal of all the bans imposed on the country, and not the number of centrifuges or the level of uranium enrichment.

Tehran wants the sanctions entirely lifted while Washington, under pressure from the pro-Israeli lobby, insists that at least the UN-imposed sanctions should remain in place.

On October 28, Iranian Deputy Foreign Minister for European and American Affairs Majid Takht-e-Ravanchi, a top nuclear negotiator, said the Iran-P5+1 talks should lead to the removal of sanctions against the Islamic Republic all at once, adding that Tehran is opposed to any gradual lifting of the bans.


( Ilna News Agency - 2014.11.01)

2014.11.01
Iran annually transits 12M tons of goods through 24 terminals

Iran annually transits 12M tons of goods through 24 terminals



ILNA:

Iran currently owns 24 active border terminals, through which some 15 million passengers pass annually, Deputy Roads and Urban Development Minister Davoud Keshavarzian said.

He added that some 12 million metric tons of goods are also transited through the border terminals annually.

Keshavarzian, also the head of Islamic Republic of Iran Road Maintenance and Transportation Organization, went on to note that Iran enjoys a strategic advantage of having borders with seven countries.

“Annually 135,000 trucks pass through the border between Iran and Azerbaijan,” he said, adding that 50,000 of the mentioned figure pass through Bilehsavar border terminal, located in the northwestern province of Ardebil.

He made the remarks at the inauguration ceremony of Bilehsavar terminal’s passenger hall.

The hall came on stream at final cost of 120 billion rials (some $3.75 million based on the exchange rate of US dollar at the free market).

“Annually one million passengers pass through Bilehsavar terminal,” Keshavarzian added.

According to Ardebil province’s governor, some 950,000 Azerbaijanis and 100,000 Iranians passed through Bilehsavar border terminal in the previous Iranian calendar year (ended on March 20).

Keshavarziad also added that Iran seeks to boost relations with Azerbaijan.

“Azerbaijan can also play an important role in expanding the economic relations between Iran and Russia,” he noted.


( Ilna News Agency - 2014.11.01)

2014.11.01
Sanctions could be lifted: Analyst

Sanctions could be lifted: Analyst

Tehran, Nov. 1, IRNA - Yousef Molaei, an expert on international law, believes lifting of sanctions is negotiable.

Molaei made the statement in an interview with the English-language newspaper 'Iran Daily', published Saturday.

Responding to a query by the paper on his opinion whether the anti-Iran sanctions will be lifted, Molaei said, there's no law on sanctions in the international arena based on which we can discuss the issue and imposing or lifting sanctions are decided by those states involved.

Those states' national laws have nothing to do with international law. The issue of lifting anti-Iran sanctions is negotiable. They can be removed at once after a deal or as the West say can be categorized and lifted over a period of time. That's something both sides should agree upon, Molaei opined to a question posed by the paper in this regard.

On what should be done if the West refuses to lift parts of sanctions after an agreement, Molaei stated that if the West agrees to lift the sanctions it is legally bound to do that and if it fails to do so, the issue can be pursued though international legal channels.

Regarding the question as to what extent can the West, especially the US, extend the sanctions, the expert said that the US government has the power to impose or lift sanctions on any country as Iran has the power to do so.

Therefore, a political solution, and not a legal one, should be sought in order to break the deadlock. The only way is that the US backs off from its stance and agrees to remove the sanctions.

( Irna News Agency - 2014.11.01)

2014.11.01
Turkish FM calls for promotion of ties with Iran

Turkish FM calls for promotion of ties with Iran

Beijing, Nov 1, IRNA – Turkish Foreign Minister Mevlüt Çavusoglu here on Friday called for further expansion of ties with Iran.

He made the remarks in a meeting with the Iranian Foreign Minister Mohammad Javad Zarif on the sideline of the fourth Foreign Ministerial Conference of the Istanbul Process on Afghanistan held Friday with participation of 46 countries.

Referring to the friendly relations between the two countries, he said they could well enhance cooperation given the great existing potential.
The two foreign ministers further urged mutual contacts to exchange views on ways of tackling terrorism in the region.
They also reviewed the process of nuclear negotiations between Iran and G5+1.
Çavusoglu expressed happiness over the fact that talks were progressing well.
The Iranian foreign minister and his Turkish counterpart also reviewed regional developments and other issues of mutual interest.
Istanbul Process is an agreement reached in 2011 by 14 regional and 16 extra- regional countries, as well as 12 international organizations.
Istanbul Process has had 3 meetings so far, two of which were held in Turkey and one in Tajikistan. Beijing is the host of the fourth meeting.

( Irna News Agency - 2014.11.01)

2014.11.01
Realization of gov't promises in South Pars

Realization of gov’t promises in South Pars

Past experiences showed that investments in infrastructural projects, especially in the production sector, can make Iran withstand sanctions and other emergency events, added the English-language paper.The Oil Ministry has made serious efforts to activate South Pars Gas Field after President Hassan Rouhani’s administration took office in 2013.Increasing gas extraction from the giant field was one of the promises made by Oil Minister Bijan Namdar Zanganeh when he received a vote of confidence from the parliament. Zanganeh also vowed to increase the level of gas production in South Pars to equal Qatar’s in the near future.Qatar has been extracting more gas from the joint field compared with Iran for several years. Hence, effective measures have been taken by the ministry to increase Iran’s share from the gas field. In the past, most South Pars projects were halted because of the Western sanctions on Iran and the exit of foreign companies from the field. Therefore, Iran’s extraction from the field did not increase in the past.Another concern was the issue of mismanagement. In the past, former officials had not achieved the objectives in the field, inflicting heavy losses on the economy. But now the current government has initiated cooperation with some countries by using domestic capabilities and this shows that Iran will soon match Qatar’s gas production level.The Oil Ministry can catch up with Qatar by launching new phases in South Pars. Due to the oil minister’s attention to South Pars, its production capacity is increasing daily. There is no doubt that investments in the field will be valuable for the country.Currently, Iran’s gas output from South Pars reached 10 to 11 billion cubic feet per day and this level will increase by six bcf per day by March 2015. This is while Qatar’s extraction from the field stands at 23 bcf per day.Under the current circumstances, it is predicted that Iran’s output from the field will reach Qatar’s level by March 2016. We should use the opportunities and promote development of production projects.The Oil Ministry should also take measures based on the concept of “Resistance Economy” outlined by the Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei and accelerate the development of South Pars phases to safeguard national assets, it concluded.*Abdolkarim Jomeiri is a member of Majlis Energy Committee.

( Irna News Agency - 2014.11.01)

2014.11.01
Austrian traders keen to invest in Iran

Austrian traders keen to invest in Iran

TEHRAN (ISNA)- Austrian Envoy to Iran Friedrich Stift said investors of his country are willing to make investments in Iran.

"Our investors are willing to work in Iran," he said.

"Austrian foreign minister has tried very much for continuation of talks in our country, and we hope that the talks will yield results as soon as possible," he said.

Stift further noted that Austria has been working with Iran for many years. "We hope that the cooperation will rise."

The Austrian envoy also highlighted huge potentials in Iran for investment and noted the two sides have to promote bilateral ties in different areas.

End Item

( Isna News agency- 2014.11.01)

2014.11.01
Iran wins three awards in Moroccan int'l fest

Iran wins three awards in Moroccan int'l fest

TEHRAN (ISNA)- An Iranian Film received three awards from the International Festival of Author's Cinema, Rabat, Capital City of Morocco, as the event celebrated its 20th edition. The film 'Emrouz' (Today) directed by Reza Mir-Karimi has won the best feature film award, popular award and the best actor award for Iranian actor Parviz Parastouei. The film which which is going to represent Iran in 2015 Academic Awards would be shown in Asia Images of the 25th Stockholm International Film Festival. 13 films from Iran, France, Belgium, Germany, Iraq, turkey, Spain, Argentina, Canada, Taiwan and Mexico competed in the event. 'Dast Neveshteha Nemisouzand' (Manuscripts Don't Burn) by Mohammad Rasoulof was shown in the event. End Item

( Isna News Agency - 2014.11.01)

2014.11.01
Iran, China foreign ministers stress need for growing ties

Iran, China foreign ministers stress need for growing ties

Beijing, Nov 1, IRNA – Foreign ministers of Iran and China in a meeting here on Friday stressed the need for expanding mutual relations.

During the meeting, Iran's Foreign Minister Mohammad Javad Zarif and China's State Councilor Yang Jiechi reviewed bilateral relations.
Zarif was in Beijing to take part in the 4th Foreign Ministerial Conference of the Istanbul Process on Afghanistan.
Zarif described the one-day conference as a success and said Iran attached prime importance to cooperation with China in mutual, regional and international arenas.
Referring to the several points of view the two countries shared on international and regional topics, he said Tehran was for the establishment of strategic relations with Beijing.
Zarif also appreciated China's positive role in Iran-G5+1 nuclear talks and stressed Tehran's strong political will to get to a solution.
The Chinese minister said Zarif's presence in the conference indicated Iran's support for China's efforts to promote regional cooperation particularly with Afghanistan.
He further pointed to Iran's important role in reconstruction process in Afghanistan.
The fourth Foreign Ministerial Conference of the Istanbul Process on Afghanistan was held in Beijing on Friday with participation of 21 foreign ministers and a total of 46 countries.
Istanbul Process has had 3 meetings so far, two of which were held in Turkey and one in Tajikistan.


 (IRNA Agency - 2014.11.01)

 

2014.11.01
Tehran to host air, noise pollution confab

Tehran to host air, noise pollution confab

The conference, also known as AQM2015, will be organized by Tehran Municipality (through its affiliate Air Quality Control Co. or AQCC), and Sharif University of Technology’s Department of Mechanical Engineering, Fuel, Combustion and Emission (FCE), according to Saturday's edition of 'Iran Daily'. 


Dr. Nino Künzli, the deputy director of the Swiss Tropical and Public Health Institute in Basel, Switzerland, will attend the event.

About eight megacities in Iran suffer greatly from local air pollution.

Ahvaz in southwest Iran was named in 2010 by WHO as the most polluted city due to the annual average PM10 concentration caused by trans-boundary dust.

Arak at the center of the country is also heavily polluted by various industrial sources, including aluminum plants.

Tehran also suffers from air pollution. During winter, a long period of thermal inversion causes long-lasting polluted days that trigger measures like forced holiday in offices and schools, as well as alternate traffic entry for cars.

Limited availability of scientific tools such as air pollution dispersion models, forecasting tools and emission inventories; unknown chemical and physical properties of pollutants such as fine particles, health effects and exposure studies caused the introduction of AQM2013 for the first time.

Since then, the conference is being organized to facilitate further understating of air pollution in megacities.

About 100 lectures and posters will be presented at the event.

Air quality monitoring and measurement, urban indoor air quality, air pollution modeling and forecasting, emission of stationary and mobile sources, mitigating measures, particles and dust, risk assessment, exposure and health studies, air pollution effects (economic, social, cultural), regional and trans-boundary studies and noise pollution will be discussed during the conference.


( Irna News Agency - 2014.11.01)

2014.11.01
Malaysia PM honors Iranian artists

Malaysia PM honors Iranian artists

Kuala Lumpur, Nov 1, IRNA - Malaysian Prime Minister Najib Razak honored Iranian artists participating in the second International Islamic Arts and Cultural Festival (PIIACUF) in Putrajaya, Malaysia.

The 2014 PIIACUF was inaugurated Friday night in Putrajaya. Some 20 Iranian artists are showcasing their works in diverse fields such as calligraphy, painting, miniature, music and Iranian cuisine.

The festival’s opening ceremony was attended by artists of Islamic countries as well as Iran's cultural attaché in Malaysia, Ali Akbar Sabaei.

Delivering a speech at the event, Prime Minister Razak noted that Islam should be introduced as a religion of peace and beauty instead of as a source for terrorism and enmity.

“Unfortunately, some terrorists and extremists misuse the religion which leads to Islamophobia. That is not Islam. Islam is a religion of light, peace and social justice”, he added.

Najib Razak said that the PIIACUF is being held in Malaysia’s political city Putrajaya to present the city as a center of Islamic arts.

The festival’s opening ceremony was also attended by Malaysia’s Federal Territories Minister Datuk Seri Tengku Adnan Tengku Mansor, Minister in the Prime Minister’s Department Datuk Seri Jamil Khir Baharom and Putrajaya Corporation president Tan Sri Aseh Che Mat.

The second International Islamic Arts and Cultural Festival will wrap up on November 2.

“The Putrajaya International Islamic Arts and Cultural Festival (PIIACUF) aims at pioneering the values of Islam through the perspective of a moderate society where arts and culture takes the center stage in delivering the messages of Islam to the world,” according to the festival’s website.

( Irna News Agency - 2014.11.01)

2014.11.01
White House official: Nuclear deal with Iran top priority for Obama

White House official: Nuclear deal with Iran top priority for Obama

White House Deputy National Security Advisor Ben Rhodes told progressive activists earlier this year that striking a nuclear deal with Iran would probably be the biggest foreign policy achievement of President Barack Obama in his second term, the Washington Free Beacon reported on Friday.

“Bottom line is, this is the best opportunity we’ve had to resolve the Iranian issue diplomatically, certainly since President Obama came to office, and probably since the beginning of the Iraq war,” Rhodes said in audio obtained by the American news website. “So no small opportunity, it’s a big deal. This is probably the biggest thing President Obama will do in his second term on foreign policy. This is healthcare for us, just to put it in context.”

The remarks show the importance of a rapprochement between the United States and Iran to Obama, who has publicly stated that the likelihood of a nuclear deal between six world powers and Iran is no greater than 50-50.

Rhodes also said that the Obama administration does not want Congress to securitize any final agreement.

“We’re already kind of thinking through, how do we structure a deal so we don’t necessarily require legislative action right away,” he said. “And there are ways to do that.”

Iran and the P5+1 group -- Russia, China, France, Britain, the US and Germany – are negotiating to narrow their differences over the Islamic Republic’s nuclear energy program ahead of a November 24 deadline.

Last November, the two sides clinched an interim nuclear accord, which took effect on January 20 and expired six months later. However, both parties agreed to extend their talks until November 24 as they remained divided on a number of key issues.

Sources close to the Iranian negotiating team say the main stumbling block to resolving Western disputes over Iran’s nuclear issue is the removal of sanctions, not the number of centrifuges or the level of uranium enrichment.

In July, the US representative in nuclear talks, Undersecretary of State Wendy Sherman, testified that the White House would consult with Congress but did not need its approval to suspend sanctions against Iran.


( Iran Daily News Agency - 2014.11.01)

2014.11.01
Iran's medicine exports to Russia hit $30m

Iran's medicine exports to Russia hit $30m

TEHRAN (ISNA)- Iranian Vice-President Sorena Sattari said Iran has exported 30 million dollars of medicines to Russia since the start of the Iranian calendar year which began on March 21.

"We exported 30 million dollars of drugs to Russia," Sattari said.

He added the country is conducting clinical tests on 7 medicines, and we can export 300 million dollars of medicines to Russia.

Sclerosis and cancer medicines are some of the drugs exported to Russia.

Iran ranks seventh in nanotechnologies in the world. Iran has achieved some success in the production of new medicines and intends to cooperate with Russia in this area.

During his recent visit to Russia, Sattari was accompanied by the experts in the field of medicines, medical and nanotechnologies, as well as the oil and gas sector.

End Item


( Isna News agency- 2014.11.01)

2014.11.01
PSEEZ's gas condensates exports at 6.4m tons

PSEEZ’s gas condensates exports at 6.4m tons


Over 6.4 million tons of gas condensates worth more than $5.8 billion have been exported from Pars Special Economic Energy Zone (PSEEZ) since March 21, 2014.
 General Director of the Zone Khodadad Rahimi told IRNA that the exports show an increase of 41 percent in terms of weight and 76 percent in terms of value in comparison with those of the same period of last year.

Rahimi further noted that during the said period over 5.5 tons of non-oil commodities including local products of the region worth over $4.2 billion were exported which showed an increase of 12 percent in terms of weight over the same period last year.

Totally, over 11.9 million tons of goods including light and heavy polyethylene, gas condensates, propane, butane, benzene, and sulfur granules valued at over $10.8 billion were exported from this region.

The figures show an increase of 26 percent in terms of weight and 32 percent in terms of value over the same period of last year.

Rahimi said that the products were mainly exported to China, Japan, the UAE, India, Indonesia, the Netherlands, Belgium, Spain, Turkey, Romania, Taiwan, Thailand, Malaysia, Vietnam and Afghanistan.

Meanwhile, he added, over 174.8 thousand tons of goods worth $966.6 million were imported through customs department of the zone during the same period which were mainly the equipment required by the petrochemical complexes under construction in the country.

PSEEZ is located in southeast of Bushehr, 300 km southeast of Bushehr Port.

 


( Iran Daily News Agency - 2014.11.01)

2014.11.01
Iran-Afghanistan trade stands at $4b: Qashqavi

Iran-Afghanistan trade stands at $4b: Qashqavi

Birjand, South Khorasan Prov, Nov 1, IRNA - A senior Iranian Foreign Ministry official said on Saturday that trade between Tehran and Kabul stands at four billion dollars.

Deputy Foreign Minister for Consular, Parliamentary and Iranian Expatriates Affairs Hassan Qashqavi made the remarks in a meeting with local people.

He said that South Khorasan province, with over 460 km joint borderline, would play a pivotal role to enhance level of trade between Iran ad Afghanistan.
He voiced Iran's readiness to deliver consulate services to the Iranian expatriates living abroad and the eastern neighboring countries.
Qashqavi said that Iran's eastern neighbors, Afghanistan and Pakistan in particular, are considered as great opportunities for the Islamic Republic to develop cultural ties and trade cooperation.

( Irna News Agency - 2014.11.01)

10 June 2014
Import of Basmati rice halved
Nourlaw.com- 10 June 2014- Iran has reduced the purchase of Basmati rice from India by nearly 50% in the past three months, the Farsi language news agency ISNA reported Tuesday.

Chemical contamination of the rice and its quality which is lower than that stipulated in the relevant contracts, are the primary reasons for reduction in importing this iconic brand of Indian rice.

India is the largest exporter of rice to Iran. According to the statistics provided by New Delhi, the quantity of the export of Indian rice to Iran in the year ended March 2014 was 1.45 million tons valued at USD 1.83b. India exported about 130,000 tons of rice to Iran in February but since then sales have dropped 50-60%. The price of rice in the domestic Indian market has also decreased due to the weakening of Iran’s imported rice market.

 
10 June 2014
Government bans purchase of foreign goods similar to domestic products

Nourlaw.com-10 June 2014- For safeguarding and boosting the domestic production of goods, the Council of Ministers has banned governmental entities from purchasing foreign goods that are similar to products already being manufactured in Iran, the Farsi language news agency ISNA reported today.

However, according to the decree, in cases wherein the domestic product is not acceptable in terms of quality, price or quantity, importing comparable foreign goods is permitted. The order also prohibits governmental organizations and companies from promoting and advertising foreign goods, except in cases wherein the law has specifically allowed it.  The decree does not disallow such importation in the private sector.

 
7 June 2014
Iran Khodro Car Production up Three-fold
7 June 2014-nourlaw.com - Car production at Iran Khodra, the country’s largest vehicle manufacturing group, exceeded 70,000 units in the first two months of the current Iranian year (March and April). This represents a tripling of production in comparison with the same period last year, the Farsi Iranian language news agency IRNA reported.

As a consequence of improved planning and timely procurement of spare parts, production at Iran Khodro has increased to 16,476 cars in April 2013.
 
7 June 2014
Increase of Iranian Gas Reserves and Petrochemical Exports

7 June 2014-nourlaw.com- the Iranian Minister of Oil Bijan Zangeneh said today that the gas reserves of Iran have increased to 33.6 trillion cubic meters and billions of dollars of petrochemical products were exported to Asian, Europe and the Americas, the Farsi language news agency Mehr reported

At the end of 2013, Zangeneh added, 12.8 million tons of petrochemical products with a value of USD 9.9b were exported and 14.4 million tons were supplied to the domestic market.

6 June 2014
 “We gave oil to bring junk goods from China”
6 June 2014- nourlaw. com- Ayatollah Sobhani, a leading Shia clergyman residing in the holy city of Qom, criticized the import policy of Iran in a meeting with the governor of the Iran Central Bank (CBI) , Mr. Valiollah Seif yesterday, the Farsi language news agency Iran reported.

Ayatollah Sobhani said: ”During the past eight years we have imported junk from China against oil. This effectively closed our best manufacturing workshops down and we could not get access to our oil money”.

He added that “for solving the problem of inflation in the country and creating employment, we should close the nation’s doors and open them only for imports when necessary.”

In another part of his remarks, Sobhani emphasized the point that, “in the old days we always said the government is not a good businessman. But, it is a good supervisor. We should make efforts to involve the private sector in business and the banks should not engage themselves in non-banking activities. Nowadays the banks have removed business from the hands of the people and in so doing have created inflationary problems”.