Iran, Turkey support non-dollar bilateral trade: TOBB president 2019/01/29

    Rifat Hisarciklioglu, president of the Union of Chambers of Commerce and Commodity Exchanges of Turkey (TOBB), who met with Gholam Hossein Shafei, president of Iran Chamber of Commerce on Saturday, says both Iran and Turkey are willing to trade using their national currencies.

    Rifat Hisarciklioglu: During a recent   ...


    European SPV could be in place as early as ’Monday’ 2019/01/27

    Brussels had announced in previous occasions that it’s working hard on the non-dollar financial channel and that it would become operational soon. This time it seems that the EU is closer and more exact in its timetable.

     

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    Iran-Pakistan free zone to open “in coming weeks” 2019/01/23

    Iran and Pakistan are about to open a joint free zone in the coming weeks, according to Iranian media reports.  

    The announcement comes after a meeting between Mohammad Rafii, Iranian consul in Pakistan’s Balochistan province, and Jam Kamal Khan, Chief Minister of Balochistan early   ...


    Swiss humanitarian payment channel with Iran ‘ready’, awaits capital 2019/01/23

    Switzerland, 60% of whose exports to Iran are medicine, has been hard at work to allow the creation of a humanitarian payment mechanism that helps the uninterrupted flow of humanitarin goods to Iran in the face of renewed US sanctions.

    President of Iran-Switzerland Joint Chamber of Commerce says a Swiss payment channel   ...


    Iran private sector urges joint investment, more banking relations to boost Iraq trade 2019/01/19

    Iranian private sector says joint investment projects between Tehran and Baghdad will consolidate bilateral economic relations and enhance trade ties. 

    “I believe businessmen from both countries need to look at joint investment besides trading commodities,” said Mohammad Reza   ...


    Turkey restarts oil imports from Iran 2019/01/13
    Turkey has resumed imports of Iranian crude oil after a one-month hiatus in November when U.S. sanctions on Iran were reimposed, trading and shipping sources said.
    Turkey has resumed imports of Iranian crude oil after a one-month hiatus in November when U.S. sanctions on Iran were reimposed, trading and shipping sources said.
    The United States granted Turkey and other   ...

    7 European banks ready to work with Iran during sanctions: Zarif 2018/09/30
    Iranian Foreign Minister Mohammad Javad Zarif said that the central banks of seven European states are ready to work with Iran despite the impending U.S. sanctions, Tasnim news agency reported on Saturday.

    The banks have agreed to create a special mechanism to facilitate financial transactions with the Islamic republic once the U.S. financial sanctions against Iran come into   ...

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