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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