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Iran, Syria open HQ for developing ties
TEHRAN, Aug. 19 (MNA) – A headquarters was established for development of cooperation between Iran and Syria during a visit of ICCIMA deputy head to the Arab country.
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US Shipping Firm to pay over $500k for transactions with Iran
TEHRAN, Aug. 18 (MNA) – The US shipping firm Blue Sky Blue Sea has agreed to pay more than half-a-million dollars for violating sanctions against Iran 140 times, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) said in a statement on Thursday.
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EAEU to sign free trade deal with Iran this year
TEHRAN, Aug. 16 (MNA) – EEC chairman said a temporary agreement on establishing a free trade zone between the Eurasian Economic Union (EAEU) and Iran may be signed in 2017.
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Japan to assist Iran in water management
TEHRAN, Aug. 16 (MNA) – Head of JICA’s office in Iran said it was essential to implement upstream management projects in Karun Dam given the significance of Karun river in southwest Iran.
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Deputy oil min.:
Ukraine paves path for Iran's petchem exports to Europe
TEHRAN, Aug. 15 (MNA) – NPC head said Ukraine could prepare grounds for direct export of Iranian petrochemicals to Europe given its vicinity to European markets.
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Russia, Thai firms submit Changuleh oilfield survey result
TEHRAN, Aug. 15 (MNA) – Gazprom Company of Russia and Thailand’s National Oil Company handed over results of their studies on Changouleh oil field to the National Iranian Oil Company (NIOC).
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FAO advocates on role of soils for offsetting aviation emissions
TEHRAN, Aug. 14 (MNA) – Food and Agriculture Organization of the United Nations (FAO) recently released a publication that highlights the importance of soil carbon sequestration as an option for offsetting international aviation CO2 emissions.
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Iran resumes oil swap in Caspian Sea
TEHRAN, Aug. 14 (MNA) – In a bid to strengthen the country’s strategic position in the region, Iran has resumed oil swap operations in the Caspian Sea following a several-year hiatus.
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Male taekwondo squad atop WT President’s Cup
TEHRAN, Aug. 14 (MNA) – Iran’s taekwondo team managed to garner the title at World Taekwondo President's Cup-Asian Region in Men’s division while female fighters landed third overall.
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Crude export to India rises
TEHRAN, Aug. 14 (MNA) – In July, Iran shipped 502 thousand barrels of crude oil to state and private companies in India.
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IME trades 413k tons of commodities early August
TEHRAN, Aug. 13 (MNA) – During weekdays ending up to August 10, approximately 413,822 MT of commodities worth over 368.8 million USD were traded in Iran Mercantile Exchange.
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Tehran, Doha to tighten economic ties
TEHRAN, Aug. 13 (MNA) – An export official said Qatar was eager to by Iranian products and was holding talks on expansion of economic cooperation between the two countries.
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DNO ASA submits study results on Iranian oilfield
TEHRAN, Aug. 13 (MNA) – DNO ASA, the Norwegian oil and gas operator, handed over outcomes of the study plan implemented in Changuleh oil field to the National Iranian Oil Company (NIOC).
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Iran ranks 1st in sturgeon production
TEHRAN, Aug. 12 (MNA) – Deputy Iranian agriculture minister said Iran ranked first in the world as regards production of trout and sturgeon.
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Japan plans to boost economic coop. with Iran
TEHRAN, Aug. 10 (MNA) – Japan’s Minister of Economy Hiroshige Sekō stressed Tokyo’s plans for developing economic cooperation with Iran and providing the necessary supports in this regard.
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Iran ships 25 tons of cheese to Russia
TEHRAN, Aug. 10 (MNA) – An official said a total of 25 tons of cream cheese worth 100 thousand dollars have been exported to Russia through Astara Customs Office.
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Iran, Turkey, Russia ink oil coop. agreement
TEHRAN, Aug. 09 (MNA) – A tripartite oil partnership and investment agreement was signed in Moscow between Iran, Turkey and Russia.
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Economy min.:
Iran-EU currency market exchange underway in euro
TEHRAN, Aug. 09 (MNA) – Economy Minister Tayebnia said no barrier existed on conducting Iran’s banking transactions with European countries using euro.
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IME to trade pistachio on export ring
TEHRAN, Aug. 09 (MNA) – Agriculture Bank of Iran (Keshavarzi Bank) has agreed to take advantage of its capacities to bring about an upswing in trades of pistachio in Iran Mercantile Exchange (IME).
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Siemens to allocate €3bn finance to Iranian projects
TEHRAN, Aug. 08 (MNA) – Deputy Iranian road minister said Siemens of Germany was planning to finance Iranian power and rail projects with a value of three billion dollars.
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Iran’s petchem industry to attract $5bn investment
TEHRAN, Aug. 08 (MNA) – In the near future and in line with further development, petrochemical industry of Iran will attract five billion dollars of foreign investment from three European companies.
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Akhoundi:
India to finance $150mn in development of Chabahar Port
TEHRAN, Aug. 07 (MNA) – Iran’s Minister of Roads and Urban Development said India will be providing $150 million to finance the development of strategic port of Chabahar aimed at boosting bilateral and regional trade transactions.
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IDRO, Renault ink joint venture contract
TEHRAN, Aug. 07 (MNA) – IDRO of Iran and France’s Renault signed a joint cooperation agreement on Monday morning in Tehran to develop and produce modern automobiles.
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SP phases 15, 16 yield 75k gas condensate bpd
TEHRAN, Aug. 07 (MNA) – An SPGC official said Phases 15 and 16 of South Pars joint field produce over 50 million cubic meters of sweet gas per day.
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S Korea agrees to upgrade Iranian refinery
TEHRAN, Aug. 06 (MNA) – A Head of Agreement (HOA) worth 1.6 billion euros was inked between Iranian and South Korean firms to upgrade Tabriz Oil Refinery in northwest of Iran.
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FAO food price index rises further in July
TEHRAN, Aug. 06 (MNA) – Global food prices rose for the third consecutive month in July, driven mainly by higher cereal, sugar and dairy quotations.
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Tehran, Jakarta opt for stronger economic ties
TEHRAN, Aug. 06 (MNA) – Iran’s energy minister has called for reinvigoration of economic ties between Iran and Indonesia.
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Iran, Tajikistan to hold joint commission within months
TEHRAN, Aug. 06 (MNA) – In a meeting with his Tajik counterpart, Iran’s energy minister reported on holding a joint commission between the two countries in the months to come.
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Iran exports $6mn of agricultural machinery in 3 months
TEHRAN, Aug. 03 (MNA) – Head of Iran’s TPO said Iran exported agricultural machinery worth six million dollars in the first quarter of present Iranian calendar year (began March 21).
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Parliament ratifies Iran-Armenia border coop. agreement
TEHRAN, Aug. 02 (MNA) – An Iranian MP, while pointing to ratification of Iran-Armenia border cooperation agreement by the Parliament, said the deal aims at boosting goods transit between the two sides.