Jan 29 2015 - 13:01
The Azerbaijan Export and Investment Promotion Foundation (AZPROMO) and the Organization for Investment, Economic and Technical Assistance of Iran (OIETAI) have signed a Memorandum of Understanding on the establishment of a working group on cooperation in the field of investment, the Ministry of Economic Development of Azerbaijan announced.
Jan 27 2015 - 15:01
This year Iran expects to sign a contract or memorandum of understanding with the Eurasian Economic Union (EEU) and intends to use this opportunity to boost its exports to Russia. "I think that in 2015 we need to work on it, so that Iran has certain economic contacts with the EEU. We're working on it," RIA Novosti cited the Iranian ambassador to Russia, Mehdi Sanai.
Jan 24 2015 - 11:53
Iranian Oil Minister Bijan Namdar Zanganeh said the lifting of economic sanctions imposed against Iran could help rebound oil prices to a logical level. "With the removal of sanctions against Iran, the trend of global oil prices will become rational," IRNA cited him. According to the minister, the lifting of economic embargos against Iran could shore up oil prices.
Jan 22 2015 - 15:28
Russia's Ambassador to Iran, Levan Dzhagaryan, stated that Russian specialists have begun engineering research into Iran’s future second and third energy blocks for its Bushehr-2 nuclear energy facility that should be completed by this autumn. "In January 2015 our specialists began fulfilling the contract on engineering surveying and collecting basic data for the Bushehr-2 nuclear facility's new units.
Jan 22 2015 - 11:23
President of the Republic of Azerbaijan Ilham Aliyev has arrived in Switzerland to attend the World Economic Forum in Davos on January 21. He has met head of the Administration of the President of the Islamic Republic of Iran, Mohammad Nahavandian. The sides expressed satisfaction with the level of relations between the two countries and widely discussed prospects for the development of cooperation in a variety of fields, including energy, mutual investment making, oil, tourism and healthcare, Trend reports.
Jan 22 2015 - 10:23
Iran's losses caused by collapsed oil prices and sanctions will reach $11 billion, U.S. Under Secretary for Terrorism and Financial Intelligence David Cohen said at the end of a hearing in the Senate.