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Saturday, September 23, 2017

Tabriz Stand ITB 2017 UNWTO


Reported by Homasa: 13 March 2017

The World Tourism Organization (UNWTO) Secretary General, Taleb Rifai, expressed his interest for supporting Tabriz plans for 2018 as the capital of tourism for Islamic countries during his visit to the stand of the Tabriz Municipality booths at the ITB trade show which is running in Berlin (8-12 March 2017). 

During this visit Dr. Khalili, head of Tabriz Municipality Tourism Organization, introduced the historic importance of region and Tabriz also the great tourism potentials for that region in next years.

Tabriz Stand ITB 2017 UNWTO 2

“For last two year government and private sector have made great efforts to welcome tourists from all over the world to the capital of Islamic tourism”, he said. He also invited Mr Rafai and his team for visiting Tabriz to see the unique potentials from near and negotiations for holding tourism events in next year in Tabriz.

Mr Rifai expressed its confidence in Tabriz tourism and in Iran as a country which can be one of great destinations for international tourists.

 

Tabriz 2018 _ Capital of Islamic Tourism

On the final day of the 9th Islamic Conference of Tourism Ministers (December 21-23) in Niamey, Niger, ministers of tourism of the Organization of Islamic Cooperation (OIC) member states approved the selection of Medina in Saudi Arabia and Tabriz as the capitals of Islamic tourism in 2017 and 2018 respectively, Iranian media reported. The title was given to the Turkish city of Konya in 2016.

The capital of the northwestern province of East Azarbaijan, Tabriz predates the Islamic conquest of Persia. It served as the capital city of a number of dynasties following the conquest.

During its long history, the city was ransacked by Mongolian raiders and Ottoman invaders and razed by devastating earthquakes, but was rebuilt every time.

Tabriz hosts a number of famed religious sites, including the Jame’ Mosque of Tabriz and Arg of Tabriz, and it boasts a UNESCO World Heritage Site in the Bazaar of Tabriz.

In September, Tabriz was declared a World Craft City by the World Craft Council.

Iran says it is fully on board to help revive Silk Road, an ancient trade route for a thousand years which China plans to expand between Asia, Africa and Europe. 

Leaders from 29 countries and ministers and top officials from many others will gather in Beijing for a two-day summit starting on Sunday to map out development of the "Belt and Road" initiative.

Delegates are about to discuss the plan which involves hundreds of billions of dollars over the coming decades, underpinned by building ports, railways and power links across Asia and on to Europe.

Iranian Minister of Economic Affairs and Finance Ali Tayebnia arrived in the Chinese capital on Saturday to represent the country at the forum, IRNA news agency reported.

“Iran will employ all its power, cooperation and effort for better implementation and completion of this initiative because it believes that the plan will play an important role in the global development and relations among countries,” he said.

Chinese government officials say more than 50 memorandums of understanding, plans, cooperation letters and cooperation projects in transportation, energy and communications will be signed during the meeting.

The Asian economic giant says its businesses signed projects worth $304.9 billion in Belt and Road countries between 2014 and 2016, but more is in the pipeline and investments of almost $1 trillion have already been announced.

The initiative is expected to funnel investments worth up to $502 billion into 62 host countries over the next five years. Analysts say most funds may flow into India, Russia, Indonesia, Iran, Egypt, the Philippines and Pakistan.

The web of trade would span over countries representing more than 40 percent of the world’s GDP, that are home to 4.4 billion people -- more than half of the world’s population -- giving it a potential to affect global trade patterns. 

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The biggest beneficiaries of the plan could be midsize domestic construction and machinery companies and Asian infrastructure firms, with China likely to give certain countries preferential treatment, according to Bloomberg.

However, a crucial mechanism that Beijing is considering for the success of the Belt and Road Initiative is using local currencies instead of dollars, which has sent shockwaves across the West.

Western governments and media have gone into great lengths to project the initiative as part of China's grand scheme for influence in Asia.

Reuters quoted a Chinese expert as saying that politics was being put ahead of economic factors.

"I believe that the national strategy is the top priority; economic considerations are secondary," it quoted the unnamed economist at the China Center for International Economic Exchanges, a Beijing-based think-tank, as saying.

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The Silk Road is an ancient network of trade routes dating back to 220 BCE, connecting China to the Mediterranean Sea. 

China's state-run Xinhua news agency said the new Silk Road would be a boon for developing countries that had been largely neglected by the West.

"As some Western countries move backwards by erecting 'walls,' China is contriving to build bridges, both literal and metaphorical. These bridges are China's important offering to the world, and a key route to improving global governance," it said in an English-language commentary on Saturday.

 

Source : Presstv.ir

The Turkish capital of Ankara will soon play host to a conference on studying investment opportunities for Turkish investors in the Iranian market.

According to a report carried by Turkey’s Anadolu Agency on Sunday, the conference, titled “A Study of Investment Opportunities in Iran”, will be held on May 17 with Turkish businessmen and economic officials in attendance.

Iranian Ambassador to Turkey Mohammad Ebrahim Taherian will also attend the event, scheduled to be held at ATO Congresium in the capital.

Jointly organized by Turkey’s Economy Ministry in cooperation with the country’s Independent Industrialists and Businessmen's Association (MUSIAD) and Chamber of Commerce, the event is expected to focus on various subjects, including investment, trade, and bilateral cooperation between the two neighboring countries.

Iran and Turkey have ramped up efforts to boost bilateral trade since the implementation of the Joint Comprehensive Plan of Action (JCPOA), a lasting nuclear deal between Iran and the Group 5+1 (Russia, China, the US, Britain, France and Germany).

In April last year, the two countries signed eight memorandums of understanding (MoUs) to strengthen bilateral cooperation in various areas.

 

Source : Tasnim News Agency 

Iran’s President Hassan Rouhani inaugurated five new phases of the South Pars gas field on april 16, the result of some $20 billion in investment, local media reported.

The ribbon-cutting of phases 17-21 pave the way for Iran to surpass the production levels of neighboring Qatar, which shares half the offshore gas field, Iranian officials said.

“Our production has reached 575 million cubic meters per day,” said Rouhani.

Iran’s total gas production is 885 million cubic meters per day.

“At the height of sanctions, with the help of Iranian engineers and workers, we succeeded in developing 11 phases of South Pars,” added Oil Minister Bijan Namadar Zanganeh.

South Pars is the largest known gas reservoir in the world.     

Iran has the second-largest gas reserves in the world after Russia, and the fourth-largest oil reserves.

In November, French firm Total signed a preliminary accord worth an estimated $4.8 billion (4.5 billion euros) to help develop phase 11 of South Pars, but has since said it will wait for signals from Washington before finalizing the deal.

Although many sanctions, including on Iran’s energy industry, were lifted under a nuclear deal with world powers in 2015, the US has maintained a raft of its own sanctions that continue to hamper investment and cause concern among foreign businesses.

Since the nuclear deal came into effect in January 2016, Iran has increased oil production from 2.6 million barrels per day (bpd) to 3.9 million, while more than doubling its oil exports.

In January, Tehran approved 29 international companies to bid for oil and gas projects.  

However, it is still finalizing a new contract for foreign investors -- a process that has proved controversial in a country with strong memories of past exploitation by global oil firms.

April/16/2017

Enviroment Forum Iran Korea Tehran 2017

A Korean deligation with managers and specialist from government and companies will be visting Tehran to evalute the Iran market potentials and negotiate for mutul cooperations. 

This event is organized by EC21 and Ministry of Environment of Korea(ME), Korea Environmental Industry&Technology Institute and looking forward to share about environmental technology with Ministry of Energy of Iran, Iranian environment corporate. 

For the sake of mutual business interest, we are going to discuss about environment issue in this event. Currently, Korean government and our promising environment corporate have great interes in Iran environmental market and willing to make an opportunity in Iran.

Waste water management, Solid waste treatment, Air pollution corporate are expected to join the event. Therefore, this event is going to be a great opportunity for both Iranian and Korean environment corporate if you are looking for project or machinery.  

Furthermore, if you kindly send us the information about product or business type which you want to buy or meet, we can proceed this event efficiently and find mutual interest for both Iranian and Korean corporate. 

In order to jont this event please fill the form until 5 April 2017, by clicking below link: 

Enviroment B2B Meeting Request Form 

* Visting companies information and event schedule will be shared upon reception of requests. 

Homasa Consulting Group as the Iranian Partner of EC21 will be at your service in the case you need more information. 

Contact Information : 

Email :  events (at) homasa.com 

Mobile : +98 901 330 9133 

Telegram.me/hcg_online 

 

 

%PM, %26 %846 %2017 %23:%Mar

Iran removed from GOV.UK website list

Notice to exporters 2017/08: Iran list removed from GOV.UK

After years of applying wide-ranging sanctions, the international community is re-engaging with Iran following a nuclear deal in 2015. As a result of the deal reached between the E3+3 (France, Germany, UK, China, Russia and USA) and Iran, some nuclear-related and other financial and economic sanctions were lifted in January 2016. For Iran, this is a vital part of its re-integration into the international community.

As such the relevance of the Iran List, which provides information for exporters about certain entities, companies and organisations in Iran, has decreased and has been withdrawn:

The lifting of some sanctions means that Iran is able to trade more freely with the international community. This offers an opportunity for UK companies to win business in the biggest market to enter the global economy in decades.

The UK Government fully supports expanding trading relationship with Iran and encourages UK businesses to take advantage of the commercial opportunities that arise.

The Iranian government has clearly stated its desire to attract foreign direct investment to meet the country’s ambitious growth targets, and private firms around the world, including the UK, will soon have new business opportunities that will also benefit Iran and her people.

The Department for International Trade both in the UK and in the British Embassy in Tehran plays an important role in supporting trade and investment between the UK and Iran.

Reference: www.gov.uk

Iran SouthAfrica GTL

 

TEHRAN, Mar. 06 (MNA) – Deputy oil minister has reported on an accord between Iran and South Africa to construct a 50-thousand-barrel GTL complex in Iran.

Marzieh Shah-Daei, Managing Director of National Petrochemical Company (NPC) met and talked with the visiting South African Energy Minister Tina Joemat-Pettersson in Tehran on Sunday.

The joint session revolved around launch of studies for building a Gas to Liquids (GTL) unit with a capacity of 50 thousand barrels. The two sides emphasized on the need to finalize negotiations in the shortest possible time.

Iran’s Shah-Daei, while noting that the two sides held great capacities for cooperation in petrochemical industry, said “view were exchanged over investment and collaboration of South African private sector with the Iranian petchem industry as well as constructing a GTL unit.”

“Research Institute of Petroleum Industry and a South African company had previously reached agreements to build a GTL complex in Iran,” recalled NPC head adding “study phase of the project had been launched while it was agreed today that talks be finalized for draft of the contract to be written.”

The official stressed that construction of the unit will become finalized once careful economic and technical analyses are carried out; “taking advantage of shared technologies could pave the path for further cooperation.”

Ms.Joemat-Pettersson, for her part, envisioned that the contract for building a GTL unit will be inked during the upcoming visit of Iran’s President to her country stating “private firms of South Africa are eager to cooperate and conduct joint venture with Iran.”

The official recalled that Iran and South Africa enjoyed an age-old history of bilateral relations though their ties have become deepened in the post-JCPOA era reiterating that “the South African government is ready to support t presence of the private sector in Iran.”

Gas to Liquids (GTL) is a refinery process to convert natural gas or other gaseous hydrocarbons into longer-chain hydrocarbons, such as gasoline or diesel fuel.

 

 

Source: mehrnews.com

Iran Petro Exports

NPC head, while pointing to imminent operation of five new petrochemical projects, said a total of 19 million tons of petrochemical products worth 10 billion dollars were exported in the past 11 months.

Addressing a conference on future challenges and opportunities in the Iranian petrochemical industry, CEO of the National Petrochemical Company (NPC) Marzieh Shah-Daei deemed petchem industry as a key component of the country’s economy saying “in the past year and with implementation of the Joint Comprehensive Plan of Action (JCPOA), exports volume surges and statistics indicate that nearly nine million tons of the product worth about 10 billion dollars were deployed in the first eleven months of the current Iranian calendar year (began March 20, 2016).

Deputy oil minister said insurance and transports conditions had improved for exports of petrochemicals asserting “Iran enjoys a variety of feedstock, vastness of territorial waters, capable manufacturers and contractors as major advantages as regards development of petrochemical industry.”

“As such, credible investors are after making presence in Iran’s petrochemical industry,” she continued.

On threats to the country’s petchem industry, Shah-Daei stated “sanctions, international recession, growth of technical knowledge and high technology in other threats remain as main threats to the Iranian industry which necessitate emergence of technology with high value-added.”

NPC CEO recalled that the Oil Ministry was implementing certain plans to ensure sustainable supply of feedstock to petrochemical complexes; “upon implementation, new petchem projects will increase the country’s output capacity from the current 64 million tons to 1,000 tons in the next five years and to 150 million tons in ten years’ time.”

The official further emphasized the need for regulatory measures in the country’s petrochemical industry noting “local companies need to be encouraged to sell their products in domestic markets rather than focusing on exports only.”

At the end of her remarks, Marzieh Shah-Daei referred to operation of 12 new petrochemical units in line with Resistance Economy policies reiterating “these projects have added an aggregate total of six million tons to the country’s output capacity while five more plans are expected to come on stream half way through the upcoming Iranian year (to begin March 20).

source: mehrnews.com

IMF REPORT IRAN 2017

 

The International Monetary Fund (IMF) says that Washington’s anti-Iran sanctions may be a threat to the country’s international trade ties.

In its annual report on the Islamic Republic’s economy, the IMF said on Monday that uncertainty surrounding the sanctions on Iran pose a risk to the nation's banking system.

The US Treasury Department said on February 3 that Washington had imposed sanctions on 13 individuals and 12 entities as part of bids to ratchet up pressure on Iran -- chiefly over Tehran’s missile program.

Washington claims that a recent missile test by Iran violated UN Security Council Resolution 2231 that endorsed the 2015 nuclear agreement, known as the Joint Comprehensive Plan of Action (JCPOA), reached between the Islamic Republic and the P5+1 group of countries, including the US.

Read More:

The IMF noted that uncertainty surrounding the nuclear agreement and Iran’s relations with the US “could deter investment and trade with Iran.”

It added that reintroducing sanctions "would lower direct investment and capital inflows, and disconnect Iran from the global financial system."

The fund added that the reaming sanctions have hindered the return of international banks to the Iranian market and continue to obstruct large-scale trade and investment.

iran 1

A recent study shows that Iran will be among 32 most powerful economies in the world by 2050.  

The study that was carried out by professional services giant PwC said Iran would be the 17th most powerful economy in the world within the next three decades. 

It added that the country would outperform the incumbent European players like Italy, Spain and the Netherlands whose ranks would be 21st, 26th and 32nd, respectively.      

The Islamic Republic would also lead several Asian players like South Korea (18) as well as the Philippines (19) and Malaysia (24).

Iran would closely track Pakistan (16) as well as regional rivals Saudi Arabia (13) and Turkey (11). 

At the top of the list of the best performing economies by 2050 would be China which would be followed by India and the United States, as reported by The Independent

The biggest surprises may be Indonesia (4), Brazil (5), Russia (6) and Mexico (7) which will be ahead of the Asian giant Japan (8) and the current European powerhouse Germany (9).

In December 2016, the International Monetary Fund (IMF) said it expected Iran’s economic growth to reach as high as 6.6 percent for the Persian calendar year that ends on 20 March 2017.   

It emphasized that the higher production and exports of oil after the removal of sanctions would be particularly instrumental in boosting Iran’s economic growth that was in recession last year.

A country with a population of around 80 million, Iran is currently one of the biggest economies of the Middle East and has a gross domestic product (GDP) of around $380 billion.

The main driving force of Iran’s economic growth is exports of oil. The country is currently exporting close to 2.3 million barrels per day (mb/d) of oil and analysts are already expecting the volume to increase to as high as 2.5 mb/d. 

Based on the budget bill for the next Iranian calendar year, the country expects to sell its oil at around $50 per barrel thus expecting its annual oil revenues to be around $33 billion. 

Officials in Tehran have already emphasized that serious plans have been devised to increase the country’s oil production to as high as 5 mb/d over the next few years – what is expected to eventually generate higher oil revenues and accordingly boost growth.  

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Iran Auto Show, 14-18 Feb 2017

Tehran Auto Show

The automotive industry has been called the “locomotive of the industries” because of its association with more than 60 other industries. In manufacturing the cars, a set of technologies are applied in different industrial fields (metal, plastic, chemical, textile, insulation, glass, electro-mechanical, electrical, electronics, metallurgy, …) design, management and economics. This industry is one of the characteristics of development.

Regarding the above explanation, we invite all the vehicle activists to this competition in order to offer the quantity and quality of their products to the world.

Iran Auto Show,

14-18 Feb 2017

Shahr Aftab International Exhibtiion Center, Tehran, Iran

 

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Iran Air receives first Airbus A321

 

12.01.17

TEHRAN, Jan. 08 (MNA) – Air industry giant Airbus has delivered its first Airbus A321 to Iran’s Homa on Sunday as part of the company’s commitments pledged during President Rouhani’s visit to Paris earlier in 2016.

The whole agreement allows delivery of 100 Airbus different models to Iran’s different airlines. The first Airbus A321 is brand-new product and will be shortly delivered to the country after necessary preparation for flight.

Iran Air and Airbus finalized the deal in December 22 2016 and just after three weeks, it takes effect with the first Airbus coming to Iran, thus renovating an outdated air fleet the government had been seeking to build anew.

Managing Director of Iran's national carrier, Iran Air, Farhad Parvaresh, had told reporters earlier that Iran would receive 7-8 planes by the end of 2016. The lucrative deal includes 46 Airbus A320s, 38 Airbus 330s, and 16 Airbus A350s. Homa will pay for all these planes through a decade.  

http://en.mehrnews.com/news/122568/Iran-Air-receives-first-Airbus-A321

 

Sun Jan 8, 2017 4:26PM
Chairman of the Expediency Council Ayatollah Akbar Hashemi Rafsanjani passes away due to heart disease.
Chairman of the Expediency Council Ayatollah Akbar Hashemi Rafsanjani passes away due to heart disease.

Chairman of the Expediency Council Ayatollah Akbar Hashemi Rafsanjani has passed away at the age of 82 due to heart condition.

Ayatollah Rafsanjani was admitted to a hospital in northern Tehran on Sunday after having an acute heart attack.

Born on August 25, 1934, the influential Iranian politician and writer was the fourth president of the Islamic Republic, serving from 1989 to 1997.

Rafsanjani was the head of the Assembly of Experts from 2007 to 2011. The influential cleric was elected chairman of the Iranian parliament in 1980 and served until 1989. He assumed office as the Chairman of the Expediency Council in 1989.

 Source : PressTv

Ali Akbar Hashemi Rafsanjani, Iran’s greatest political survivor who served as president for two consecutive terms, has died aged 82.

Rafsanjani, who was considered the country’s second most powerful political figure for much of the Islamic Republic’s history, died in hospital in north Tehran on Sunday, according to the local news agencies.

Rafsanjani, a founding member of Iran’s 1979 Islamic Revolution, was a close confidant of the current supreme leader, Ayatollah Ali Khamenei for much of the 1980s and 1990s, but his political allegiances recently shifted towards reformists, especially after a rift grew between him and Khamenei over the 2009 disputed presidential elections.

His death will deal a blow to moderates, particularly the current president, Hassan Rouhani, of whom he was a major backer. Rafsanjani voiced moderate support for Iran’s Green movement in 2009 while Khamenei stood firm by the then president Mahmoud Ahmadinejad and denied any allegations of vote rigging.

The rift between Khamenei and Rafsanjani meant the latter was sidelined in recent years, but until his death he was the head of Iran’s expediency council, an influential body that mediates between the parliament and the guardian council.

He was also a senior member of Iran’s assembly of experts, which is tasked with appointing the country’s next supreme leader. In 2013, his bid for presidency was blocked. Two of his children have been jailed in recent years.

In June, Rafsanjani had revealed in a newspaper interview that two people had been shortlisted by the assembly to become candidates to succeed Khamenei but there has been no official confirmation about the candidates.

https://www.theguardian.com/world/2017/jan/08/iran-former-president-rafsanjani-dies-aged-82

Akbar Hashemi Rafsanjani (Persian‌اکبر هاشمی رفسنجانی‎, translit. Akbar Hāshemī Rafsanjānī‎ About this sound pronunciation ) or Hashemi Bahramani (هاشمی بهرمانی, 25 August 1934 RafsanjanPersia – 8 January 2017 TehranIran) was an influential Iranian politician and writer, who was the fourth president of Iran. He was the head of the Assembly of Experts from 2007 until 2011 when he decided not to nominate himself for the post.[4][5] He was also the chairman of the Expediency Discernment Council of Iran.

During the Iran–Iraq War Rafsanjani was the de facto commander-in-chief of the Iranian military. Rafsanjani was elected chairman of the Iranian parliament in 1980 and served until 1989. Rafsanjani also served as president of Iran from 1989 to 1997. He played an important role in the choice of Ali Khamenei as Supreme Leader.[6] In 2005 he ran for a third term in office, placing first in the first round of elections but ultimately losing to rival Mahmoud Ahmadinejad in the run-off round of the 2005 election.

Rafsanjani has been described as having been a pragmatic conservative. The Economist called him as a "veteran kingmaker."[7] He supported a free market position domestically, favoring privatization of state-owned industries, and a moderate position internationally, seeking to avoid conflict with the United States and the West.[8]

In 1997 during the Mykonos trial in Germany, it was declared that Rafsanjani (then President of Iran), along with Supreme Leader Khameini, Foreign Minister Velayati, and Intelligence Minister Fallahian, was complicit in assassinations of Iranian dissident opposition activists in Europe.[9] He was considered to be the richest person in Iran.[10]

On 11 May 2013, Rafsanjani entered the race for the June 2013 presidential election,[11] but on 21 May he was disqualified by the Guardian Council.

Rafsanjani passed away following a heart attack on 8 January 2017 in Tehran at the age of 82.[12][13][14]


Source : Wiki Pedia 

 

The European aviation giant, Airbus, has sealed a contract with the Iranian flag carrier, Iran Air, for the sale of 100 aircraft, worth over $18 billion dollars at list prices, to the Islamic Republic.

On Thursday, Iran Air Chairman and CEO Farhad Parvaresh and Airbus President and CEO Fabrice Bregier finalized the accord, which was initially signed in Paris back in January 2016, the France-based plane maker announced in a press release.

The agreement covered 46 Airbus A320 planes, 38 A330 planes and 16 A350 XWB aircraft, with deliveries due to begin in early 2017.

Airbus is the world’s Number 2 jet maker after Boeing, a US-based multinational plane manufacturer.

Bregier described the deal as “a significant first step in the overall modernization of Iran’s commercial aviation sector,” saying it also includes pilot training, airport operations and air traffic management.

Parvaresh, for his part, expressed delight at cooperation with Airbus, stressing it has paved the way “for more practical steps to follow for Iran Air’s fleet renewal.”

“Iran Air considers this agreement an important step towards a stronger international presence in civil aviation. We hope this success signals to the world that the commercial goals of Iran and its counterparts are better achieved with international cooperation and collaboration,” he added.

The deal with Airbus received the go-ahead from the US Treasury Department in November.

Earlier this month, Iran Air finalized a deal for 80 jetliners from US plane maker Boeing Co., with the planes scheduled to start arriving in 2018.

The deals were made possible after the US removed a ban on selling Iran passenger aircraft and spare parts following the nuclear deal, known as the Joint Comprehensive Plan of Action (JCPOA).

Tehran and the P5+1 group of world powers, namely Russia, China, France, Britain, and the US plus Germany hammered out the nuclear accord in July 2015.

It went into effect in January and resolved a long-running dispute over Iran’s peaceful nuclear program.

 

Source PressTv

 

Iran Air and Airbus seal historic aircraft order

Agreement covers 100 aircraft

Iran Air and Airbus have signed a firm contract for 100 aircraft, building on an initial commitment signed in January 2016 in Paris. The agreement signed by Farhad Parvaresh, Iran Air Chairman and CEO and Fabrice Bregier, Airbus President and CEO, covers 46 A320 Family, 38 A330 Family and 16 A350 XWB aircraft. Deliveries will begin in early 2017.

“I am delighted that we have reached an agreement to go to the next decisive phase and start taking delivery of new aircraft. I am gratified that this new round of cooperation with Airbus has come to fruition and brought us closer with more practical steps to follow for Iran Air’s fleet renewal. Iran Air considers this agreement an important step towards a stronger international presence in civil aviation. We hope this success signals to the world that the commercial goals of Iran and its counterparts are better achieved with international cooperation and collaboration”, said Mr Farhad Parvaresh, Iran Air Chairman and CEO.

“This is a landmark agreement not only because it paves the way for Iran Air’s fleet renewal”, said Fabrice Bregier, Airbus President and CEO. “Our overall accord includes pilot training, airport operations and air traffic management so this agreement is also a significant first step in the overall modernisation of Iran’s commercial aviation sector”.

The agreement is subject to US government Office of Foreign Assets Control (OFAC) export licences which were granted in September and November 2016. These licenses are required for products containing 10 per cent or more US technology content. Airbus coordinated closely with regulators in the EU, US and elsewhere to ensure understanding and full compliance with the JCPOA. Airbus will continue to act in full compliance with the conditions of the OFAC licences.

The agreement follows the implementation of the JCPOA (Joint Comprehensive Plan Of Action), its associated rules and guidance and included new commercial aircraft orders as well as a comprehensive civil aviation package. The package includes pilot and maintenance training, supporting the development of air navigation services (ATM), airport and aircraft operations and regulatory harmonization.

As the world’s leading aircraft manufacturer, Airbus offers the most comprehensive range of passenger airliners from 100 to more than 600 seats. Airbus has design and manufacturing facilities in France, Germany, the UK, and Spain, and subsidiaries in the US, China, India, Japan and in the Middle East. In addition, Airbus provides the highest standard of customer support and training through an expanding international network.

 

Source : Airbus.com 

 

 

    "Turkey's Otokar signs deal with Iranian company on sales of buses"
    "Turkey's Otokar signs deal with Iranian company on sales of buses"

    Turkish commercial vehicle maker, Otokar, says it has signed a technology and license deal with an Iranian company on the export and sale of its Navigo buses.

    In a written statement to Istanbul stock exchange, Otokar, said the agreement with Iran’s Afshan Industrial and Manufacturing Company (OGHAB) covered a three-year period with an option to extend by two years.

    Otokar also claimed that the deal could generate revenue of around $14 million annually. 

    According to the statement, Otokar is set to export its Navigo buses in the form of CKD to OGHAB to be mounted in Iran. The mounted vehicles will then be sold and marketed by OGHAB under the Otokar brand.

    Based on the agreement, for the periods after the first year of the contract, a minimum of 500 vehicles will be secured under the condition of the compliance of the vehicle to the local legal requirements.

    OGHAB has not yet commented on the report.

    Otokar began its business in 1960s as Turkey's first inter-city bus manufacturing company. Its line of Navigo buses range from the Navigo 125L with 25 seats and 6.3 m in length to the Navigo 160SE with 31 seats at 7.1 m in length. The Navigo is marketed as the "Sultan" in Turkey.

     

     

     

    Source : PressTv.ir 

    In last days we can see warming news after months of silence in relation to JCPOA and Trump's victory in USA elections. Past month was full of disappoiting news for both Iran and International business enviroment. 

    Hopefully that would be start for next positive signals from both Iran and USA side. Multinational enterprises are eagerly waiting next to Iran doors in order to aquire some share of 80 million population market. Below we can see the instant reactions of news agents. 

    New York Times 

    Iran and Boeing Sign $16.6 Billion Deal on Sale of 80 Aircraft

    By THOMAS ERDBRINK

    Photo
    A Boeing 747 belonging to Iran’s national airline at Mehrabad International Airport in Tehran in 2003.CreditHasan Sarbakhshian/Associated Press

    TEHRAN — Iran and Boeing signed a deal for the sale of 80 airplanes on Sunday, five weeks before the inauguration of President-elect Donald J. Trump, whose Republican supporters in Congress have tried to block any aircraft sales to Iran.

    Iran’s national airline, Iran Air, said that it had signed an agreement with Boeing, an American manufacturer, to purchase the aircraft, at a total cost of $16.6 billion.

    In September, the Treasury Department gave approval for Boeing and its European competitor, Airbus, to sell planes to Iran.

    Boeing confirmed the deal, saying that the contract was reached within the terms of the government license that the department had issued.

    The sale includes 50 twin-jet, narrow-body 737 planes and 30 long-range, wide-body 777 aircraft. The first airplanes are scheduled for delivery in 2018, with the entire order being fulfilled over 10 years.

    In a statement, Boeing said the deal would support tens of thousands of American jobs directly associated with production and delivery of the airplanes, and nearly 100,000 jobs in the broader aerospace industry in the United States.

    Photo
    Farhad Parvaresh, left, the chairman of Iran Air, and Fletcher Barkdull, right, a Boeing regional director, after the signing of an agreement on Sunday.

    CreditAgence France-Presse — Getty Images

    For nearly four decades, no American companies could engage in significant business with Iran, which officially considers the United States an archenemy. But with the deal, the country is not only buying aircraft from an American supplier; it also means there will be long-term interaction between Boeing trainers and employees of Iran Air.

    The likelihood of the agreement being carried out, however, has decreased with the election of Mr. Trump.

    His Republican supporters in Congress introduced a bill that attempts to stop sales by Boeing to Iran, obliging the Treasury Department to refuse the licenses needed by American banks to finance such an agreement. The bill passed the House of Representatives in November, but President Obama has vowed to veto the legislation should it also gain Senate approval.

    Mr. Trump has had different stances on the sales of Boeing aircraft to Iran. In June, his campaign gave out a statement on the negotiations between Iran and Boeing, saying, “The world’s largest state sponsor of terror would not have been allowed to enter into these negotiations with Boeing without Clinton’s disastrous Iran nuclear deal.”

    But in January, he complained in a post on Twitter that after the nuclear agreement, which was enacted that month, the Iranians were going to spend their money in Europe rather than in the United States.

    “Iran is going to buy 116 jetliners with a small part of the $150 billion we are giving them … but they won’t buy from U.S., rather Airbus,” he wrote.

    With American banks possibly being blocked from financing and maybe even transferring money involved in the deal, it is unclear how Iran would pay for the aircraft. The Iranian state news agency, IRNA, in a report on the deal, made no mention who would finance the purchases. It did say that the agreement was not yet fully finalized.

    Abbas Akhoundi, Iran’s minister of roads and urban development, told state television that the contract was a clear message to the world. “In spite of all the warmongering,” he said, “businessmen and financiers gave a signal to the world that we are supporters of calmness, security and the development of relations.”

    Continue reading the main story

     

    Boeing And Iran Air Sign Jetliner Contract Worth $16.6 Billion

    Iran Air has used Boeing 747 passenger jets for years — but their purchase was arranged before 1979's revolution. One of the planes is seen here at the domestic Mehrabad airport in Tehran in 2013.

    Behrouz Mehri/AFP/Getty Images

    Iran Air has finalized its historic purchase of 80 U.S.-made passenger jets, signing a deal with Boeing that's the first of its kind since the overthrow of Iran's shah in the 1970s. U.S. officials approved the deal in September, months after Iran emerged from sanctions.

    The sale of 50 737 planes and 30 wide-body 777 airliners will support nearly 100,000 jobs, Boeing says. The first planes are slated for delivery in 2018, with more jets following over the next 10 years, Iranian officials say.

    As NPR's Jackie Northam has reported:

    "Iran and Boeing go a long way back. Boeing was the largest supplier of civilian aircraft to Iran before the 1979 takeover of the U.S. Embassy in Tehran. Iran has kept flying those same planes for decades and its fleet of aging, worn-out commercial aircraft is in desperate need of replacement."

    Iran is rushing to update its aging commercial airline fleet — according to The Tehran Times, the country's state-owned airline has also placed orders for 100 Airbus planes and 20 smaller craft made by France-based ATR.

    The Times also notes that the deal is being finalized "weeks before the inauguration of U.S. President-elect Donald Trump, who has criticized the nuclear accord with Iran."

    According to Iran's FARS news agency, both Boeing and Airbus have also agreed to give Iran's aviation industry the rights to manufacture spare parts and carry out maintenance and repair on their planes.

     

    Iran seals $17bn contract with Boeing in first deal in 40yrs

    © Matt Mills McKnight
    © Matt Mills McKnight / Reuters
    Tehran has agreed to buy 80 passenger planes from US aircraft maker Boeing and plans to close another for dozens of jets from Airbus. The $16.6 billion deal between Iran and the US is the biggest since the 1979 Islamic revolution.

    The agreement includes 50 narrow-body 737 MAX aircraft, and 30 long-haul 777s (15 777-300ER planes plus 15 777-9 jets), according to Boeing. The planes will be delivered to Iran over ten years with the first in 2018.

    The deal was confirmed on Sunday following a memorandum of understanding signed in June. It is expected to help Iran modernize and expand its aging commercial aircraft fleet after decades of international sanctions. Boeing’s last airplane deliveries to Iran were 747 jumbos in 1977.

    An unnamed Iranian official told Reuters the deal was subject in part to further agreements on financing, adding that the money from the deal would not pass through the US financial system.

    The new contract will support almost 100,000 jobs in the US aerospace industry, Boeing said.

    The pact keeps Boeing in the race with Europe’s Airbus, which in January agreed to sell 118 aircraft to Iran in a deal valued at about $25 billion at list price.

    According to a Reuters’ source, Iran’s national carrier IranAir is at the "very final stage" of completing a deal with Airbus. It is expected to involve a first batch of 50-60 jets, and will be finalized in the next couple of days, the official said.

    Iran is a critical market for Boeing in its rivalry with Airbus, a defense analyst at Lexington Institute, Loren Thompson told Bloomberg.

    "Boeing can’t compete with Airbus if it can’t sell to places like Iran and China," Thompson said. "Selling to Iran is a business imperative for Boeing."

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    Flags of Iran & Italy

    Rome to host Iran investment exhibition

     

    Financial Tribune- Fiera Rome Exhibition Center is scheduled to host an event dubbed “Iran Country Presentation” from November 22 to 26, in which more than 100 Iranian companies will introduce investment opportunities in Iran.

    Italian economic players will hold business-to-business meetings with their Iranian counterparts from the public and private sectors, IRNA reported.

    Participants will showcase their capabilities and latest achievements in a wide range of fields, including petrochemicals, tourism and handicrafts.

     

     

     
    %AM, %10 %381 %2016 %11:%Dec

    Iran country presentation" in Rome, Italy

    ROME - For the first time since the Islamic revolution in 1979, Iran will be presenting itself as a country to the Italian market and investors with over 100 leading companies, from the petrochemical industry to crafts and tourism, which will be at the Fair of Rome on November 22-26 for five days of entrepreneurial contacts and cultural events.

     

    photo 2016 12 10 11 47 36

    The announcement of the great economic and image event, sign of Tehran's will to invest on Italy as a ''strategic interlocutor'' in the post-sanctions era, was the new commercial attaché of the Iranian embassy in Rome, Mohammad Razi, during the meeting on ''Iran: the new opportunities'', organized in the Italian capital by legal firm Nctm.

    Razi said he is the first commercial attaché sent by Tehran to a European country, proof of the strong bilateral interest, confirmed by all participants of the meeting, moderated by Vittorio Noseda, a partner of Nctm, and by the president of SACE, Beniamino Quintieri. Already 600 Italian companies have visited Iran in 2016, said Matteo Laspina, who is in charge of ICE's marketing coordination, while 37 memorandums of agreement have been signed at a government level between Italy and Iran.

    In competing for the large Asian market, with 80 million people and a potential of 400 million calculating neighboring countries, Italy - participants said - is among the first, behind South Korea and ahead of Germany, although for now international banks have not unblocked funding.

    Stands at the fair of Rome will offer a taste of the great opportunities on the Iranian market; there will be room for oil and gas giants, installations and industrial products, of construction, of the food and textile sector, as well as craftsmanship and carpets. Meetings and contacts have been scheduled at a government and entrepreneurial level. Companies will also be able to present themselves.

    Iranians will also offer a taste of their culture. On November 23-25, in cooperation with Eataly, the festival of Iranian food will take place. Italian adolescents aged 13 to 18 will be able to attend a program on November 24-25 called ''Learning Iran''.

    The opportunities offered by the Islamic Republic were discussed at the Nctm meeting by Mehdi Firouzam, a leading Iranian entrepreneur, and on a political-regional level, by a foreign ministry representative, Alessandro Monti, who is in charge of the office on Gulf countries, Iran, Iraq, Yemen.

    Marco Ferioli, who is in charge of SACE for Dubai and the MENA area, spoke about risks, starting with the results of the upcoming US election and its potential impact on Iran.

    The fiscal system of the Islamic Republic and novelties for foreign firms were illustrated by Seyed Hooman Banihashemi, of international firm Hooman.

    Source :  ANSA

    Italy's Economic Development Minister Carlo Calenda has vowed to support upcoming business deals with Iran.

    He called for closer ties between Iran and European countries, and hailed the Islamic Republic as an influential player in the regional issues and the global market.  

    Calenda added that he would be traveling to Iran along with Italian Economy and Finance Minister Pier Carlo Padoan in early 2017.

    He made the remarks during the opening ceremony of a trade fair for Iranian companies in Rome on Tuesday.           

    He noted that dealing with the US’s continued sanctions, which have limited Tehran’s access to the international banking and financial system, would be high on the agenda of his trip.

    "The central issue is to make financing channels work fully, so that all the good projects we have can become reality," he added.

    Iran’s Minister of Industry, Mine and Trade Mohammad Reza Nematzadeh, also present at the ceremony, voiced hope that trade and banking ties between both countries progress further in the post-JCPOA era.

    Iran and the P5+1 group of countries signed the nuclear deal, dubbed the Joint Comprehensive Plan of Action (JCPOA), on July 2015. The deal went into effect in January, and resolved a long-running dispute over the Iranian nuclear program.

    Under the deal, Iran agreed to limit certain aspects of its nuclear program in return for sanctions imposed by the UN Security Council, the US and the European Union to be lifted.

    However, the Islamic Republic complains that it still does not have access to global financial markets. Many international banks still shy away from financing trade deals and processing transactions with Iran for fear of US penalties.

     

    Iranian exhibitors stand in a booth during the opening of the fair Iran country presentation in Rome, Italy November 22, 2016

    © REUTERS/ TONY GENTILE

    Iranian exhibitors stand in a booth during the opening of the fair "Iran country presentation" in Rome, Italy November 22, 2016

    Turkish President Recep Tayyip Erdogan has proposed to trade in local currencies with Iran, Russia and China.
    Turkish President Recep Tayyip Erdogan has proposed to trade in local currencies with Iran, Russia and China.

    Turkey has proposed to establish a mechanism to trade in local currencies with Iran as well as China and Russia.

    Turkish President Recep Tayyip Erdogan was quoted by media as saying that he had already proposed Russian President Vladimir Putin to conduct trade between the two countries with local currencies.

    “I proposed Putin the following: Let’s do our trade in local currencies. Whatever I buy [from you] I shall pay you in Russian ruble, and whatever you buy from me make the payment in Turkish liras,” Turkey’s Hurriyet newspaper quoted Erdogan as saying.  

    He added that he had made the same offer to China and Iran and his offer was found reasonable.

    “We have given the necessary instructions to our central banks and we will try to conduct such [trade] relationships between us through this way,” Erdogan said.

    The Turkish president said last April that Tehran and Ankara had decided to double the volume of bilateral trade while phasing out the US dollar as the dominant currency for their transactions.

    "I believe there is some trouble with transferring funds due to the sanctions [imposed on Iran]," Erdogan was quoted by the Turkish media as saying at the time.

    “We … want bilateral trade to be conducted in local currencies. Iranian Central Bank officials and our Halk Bank chairman will discuss the matter."

    Iran is yet to react to Turkey’s proposal. The country has nevertheless already started talks with Russia to ditch the dollar and trade in their own currencies.

    Russian Industry and Trade Minister Denis Manturov said last December that Moscow was working on a plan to switch to national currencies in mutual trade with Iran. Manturov added that the policy was based on an expected surge in trade between Iran and Russia.   

     

    Source: PressTv.ir 

     

      Iran’s President Hassan Rouhani presented the country’s next year budget bill to the Parliament. (Photo by AFP)
      Iran’s President Hassan Rouhani presented the country’s next year budget bill to the Parliament. (Photo by AFP)

      Iran expects to sell its crude oil at around $50 per barrel over the next Iranian calendar year that starts on March 21, 2017. 

      The figure shows a rise of 25 percent compared to the budget for the current Iranian calendar year (March 2016-2017) during which Iran had anticipated, as per its budget bill, to sell its oil at $40 per barrel.  

      A draft version of the country’s budget bill for the next year envisages a total income of over 1.1 quadrillion rials from selling 2.42 million barrels per day of crude oil at $50 each. The figure will be equal to around $33 billion, with an exchange rate of 33,000 rials for each US dollar.    

      Iran’s President Hassan Rouhani, who presented the budget bill to the Parliament on Sunday, portrayed a positive picture of the country’s oil revenues for the next year.

      Rouhani emphasized that the prospects will be specifically positive in light of the country’s recent “victory” in OPEC to move ahead with its crude oil production and export plans with no limitations. 

      “Iran has already been able to regain its share of the global oil market,” he told the parliamentarians.  “Thanks to the recent victory in OPEC, we will literally face no limitations increasing the production and export of our crude oil over the next few months.” 

      The OPEC talks over a proposed plan to cut output and help boost prices last Wednesday culminated in a deal that allowed Iran to continue with its oil production at the current capacity, while forcing major cuts on other suppliers.  Libya and Nigeria were also excluded from the plan that had been proposed by Saudi Arabia.  

      "Iran was able to score a major victory in the area of oil diplomacy,” Rouhani emphasized in his speech at the parliament.

      “Through our persistence, we were not only able to preserve the integrity of OPEC, but were also able to … receive an authorization to increase our oil production.”

      OPEC’s deal authorized Iran to boost its output by 90,000 barrels per day – the only such authorization agreed on by the organization’s member states.    

      Rouhani further emphasized that the declining oil prices over the past two years had put the country in hard times. 

      Nevertheless, Iran was eventually able to overcome the negative impacts of low oil prices by selling more oil after the removal of the sanctions against the country in January, Rouhani emphasized. 

      “The nuclear deal …helped prevent the Iranian economy from plunging into a crisis as a result of falling oil prices as did many other oil exporters.”

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