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The agreement this week between Royal Dutch Shell and National Iranian Oil Company has opened a new chapter in the company's relations with Iran after the lifting of sanctions, Hans Nijkamp, Shell's head of the department of Iran affairs said. He made the statement after signing three memoranda of understanding in Tehran on Wednesday which allows the Anglo-Dutch company to carry out studies on the South Azadegan and Yadavaran oil fields as well as Kish Gas Field, Shana reported. Continue reading
Iran signed an array of deals worth a total of €30 billion ($33 billion) during President Hassan Rouhani's second leg of his Europe visit to France, according to Bloomberg calculations. Some media outlets like British newspaper The Independent put the overall figure at a whopping €40 billion. The deals were signed in a special ceremony attended by President Rouhani and his French counterpart Francois Hollande at the Elysée Palace in Paris. Continue reading
hinese President Xi Jinping arrived in Tehran late on Friday to discuss improvement of economic and political ties after the lifting of western sanctions. He has also visited Saudi Arabia and Egypt during his Middle East tour, which started on January 19. A high-ranking political and economic delegation accompanied the Chinese president during his one-day trip, which is the first visit by a Chinese president in 14 years. Continue reading
US Secretary of State John Kerry sent a letter to his Iranian counterpart Mohammad Javad Zarif on Sunday, reassuring him that the US administration will meet all its commitments under the July nuclear deal despite the new visa restrictions on travelers to Iran, signed into law by President Barack Obama on Friday. Continue reading
Foreign Minister Mohammad Javad Zarif said it remains to be seen if Iran-US relations would ease in the wake of the implementation of the nuclear deal with major powers as early as next month. Zarif said Iran was disturbed by recent proposed changes to the US Visa Waiver Program that could require European travelers who had visited Iran to apply for a visa to travel to the United States and he had been discussing the matter with US Secretary of State John Kerry. Continue reading
A high-ranking Swiss trade delegation is scheduled to visit Iran in February to explore new areas of economic relations with Iran, said Switzerland's former ambassador to Iran said. Livia Leu Agosti, who is currently a delegate for trade agreements at the State Secretariat for Economic Affairs (SECO), made the statement in a meeting with the head of Trade Promotion Organization, Valiollah Afkhamirad. The upcoming visit will be the second by a Swiss delegation to Iran in 2015, Mehr News Agency reported. Continue reading
Following Iran's July 14 nuclear deal with the world powers in Vienna, foreign trade missions are still visiting the country one after another. This time round, however, it is Iranians' turn to fly overseas to test the waters. President Hassan Rouhani, accompanied by Minister of Roads and Urban Development Abbas Akhoundi, Oil Minister Bijan Namdar Zanganeh, Agricultural Jihad Minister Mahmoud Hojjati, Minister of Industries, Mining and Trade Mohammad Reza Nematzadeh and the head of Iran Chamber of Commerce, Industries, Mines and Agriculture, Mohsen Jalalpour, are scheduled to visit Italy and France on November 14-17, at the invitations of the two European countries. Continue reading
President Hassan Rouhani said Iran has the potential to act as a connecting point between Europe and the Middle East to pave the way for increased international trade due to its position as a major political and economic player in the region. "In view of its highly important geopolitical and geoeconomic position, the Islamic Republic of Iran could become a hub for facilitating expansion of economic relations between Belgium and the wider European Union and the whole [Middle East] region," Rouhani said in a meeting with Belgian Foreign Minister Didier Reynders in Tehran on Monday, IRNA reported. "The timely use of the opportunity would benefit all countries," he added. Continue reading
President Hassan Rouhani said it is imperative that the law ensure equal treatment for all authorized media, regardless of their affiliations. "All publications and media need to be treated equally by the law. If it is the case, we can claim we are a revolutionary country … and if not, we are going against the Islamic Revolution," which was meant to promote ethical values, Rouhani said in an address to the official opening ceremony of the 21st Press Exhibition in Tehran on Sunday, IRNA reported. The president voiced opposition to rash decisions to shutter media outlets over any irregularities. Continue reading
President of European Parliament Martin Schulz described his meeting with Majlis Speaker Ali Larijani as "good" and "fruitful." Addressing a joint press conference during his a one-day visit to Tehran on Saturday, Schulz said the nuclear deal struck between Iran and P5+1 (the US, the UK, France, Russia and China plus Germany) on July 14 bodes well for trade relations between Iran and the European Union. The deal gives Iran relief from economic sanctions in exchange for curbs for specified durations on its nuclear program. Continue reading
Japan is keen to help boost bilateral trade after the July 14 nuclear deal goes into force in the coming months, the Japanese prime minister said. In a meeting with Ali Akbar Salehi, the head of the Atomic Energy Organization of Iran, in Tokyo on Thursday, Shinzo Abe also extended an invitation to President Hassan Rouhani for a visit to Japan, IRNA reported. Pointing to the tense security situation in the Middle East due to the activities of terrorist groups such as the so-called Islamic State, Abe stressed the need for closer Tehran-Tokyo cooperation to help counter terrorism and restore security to the region. Salehi renewed the call for improving trade relations, especially in the areas of marketing and joint ventures. Continue reading
Foreign Minister Mohammad Javad Zarif described as "constructive" meetings with delegations from major powers in Vienna on Thursday and Friday to discuss ways to facilitate the implementation of the recent nuclear deal. The talks took place on the sidelines of the peace conference on Syria that for the first time included Iran among participants from 17 countries. Continue reading
International peace talks on Syria convened in Vienna on Friday, where Iran's Foreign Minister Mohammad Javad Zarif underlined essential features that should characterize any effective initiative. Foreign ministers of Iran, Russia, the United States, France, Germany, Britain, Saudi Arabia, Turkey, Egypt, Jordan, Oman and Iraq attended the meeting along with their deputies, with China being represented only by its deputy foreign minister. Staffan de Mistura, the UN envoy to Syria, and Federica Mogherini, EU foreign policy chief, were also among those sitting at the negotiating table, ISNA reported. Continue reading