Category: News
Iranian flag was hoisted beside the flags of Poland and Iraq.
The opening ceremony of 31st round of the Olympics Games started in Rio, Brazil on Saturday.
Iran competes in the Games with 64 athletes of whom 9 are women.
The Rio 2016 Olympic Games is underway with 10,500 athletes from 205 countries who are to compete in 44 articles of 28 sports fields.
Category: News
"The first series of Airbus planes will probably arrive in Iran by the end of autumn provided that the Office of Foreign Assets Control (OFAC) [of the US Treasury Department] issues the required authorization to Airbus to do so," said Iran's Minister of Roads and Urban Development Abbas Akhoundi, reported Press TV.
Akhoundi added that there is no reason that the deal with Airbus — as well as another with Boeing — will not proceed.
He underlined that Iran is positive that OFAC will issue the authorizations for Airbus to deliver the planes Iran has purchased from the company.
The minister further said that the deal with Airbus covers more than 500 pages and contains many technicalities, adding that a majority of technical issues relating to the deal have already been finalized.
He also said that talks on financial issues are in final stages.
In January, Iran signed a major contract with European aviation giant Airbus worth about $27 billion to buy 118 planes within the next few months. The contract was signed during the visit to Paris by Iran's President Hassan Rouhani.
Iran also sealed a deal in June, worth around $25 billion, with the US aerospace heavyweight, Boeing, for the purchase of 100 passenger planes.
The deal with Boeing is still facing a possible ban by Congress in what many see as a result of the growing anti-Iran measures adopted by US lawmakers.
Iran is also working on purchasing planes from the aviation arm of Japan's Mitsubishi Heavy Industries. Officials in Tehran recently announced that Tokyo has agreed to fund Iran's purchase of Mitsubishi planes.
Category: News
Pakistani Minister for Water and Power Khawaja Muhammad Asif said this in a meeting with Iran's Ambassador to Pakistan Mehdi Honardoust, IRNA reported.
The minister added that Islamabad and Tehran are tied in decades-old religious, social and cultural bonds and that Pakistan greatly values fraternal ties with Iran and considers Iran a close friend and a good neighbor.
"Energy sector in Pakistan is a lucrative sector for investment and Iran should invest in power generation, power infrastructure and power transmission and distribution projects," Asif stressed.
Pakistan is currently importing 74 MW of electricity from Iran.
Tehran had earlier announced its readiness to increase electricity exports to Pakistan respectively from 1000 MW to 3000 MW.
Underlining the significance of China Pakistan Economic Corridor (CPEC) as one of the most important project in the region, Asif noted that all regional countries should plan to make the most from project.
Honardoust added that Iran welcomed the CPEC agreement and believes that it can help develop regional trade and economic activities.
He added that after the lifting of sanctions against Iran, the country found great potentials for investment.
He stressed that investing in neighboring countries is amongst Tehran's top priorities.
"The essence of Pakistan-Iran friendship will be materialized in the form of some projects and Iran Pakistan Gas Pipeline is one of the best projects in providing safe and cheaper energy for Pakistan and creation of jobs in both countries," said the ambassador.
Honardoust and Asif also agreed on further meetings to improve cooperation and coordination in the fields of energy and trade.
Category: News
Ali-Mohammad Bosaqzadeh said told Shana that French Exness Company will cooperate with Iran on a short term basis by providing consultations and in the reconstruction of the unit.
He said various sections of the paraxylene unit, hit by fire, have been inspected and the company is working on improving the facility.
The 2001C storage tank and paraxylene tower of Bou Ali Sina Petrochemical Facility caught fire early July.
Bou Ali Sina Petrochemical Plant, owned by NPC, produces 1.75 million ton per year of aromatics and byproducts. The plant is located in Petrochemical Special Economic Zone (Petzone) in Bandar Imam, Khuzestan Province.
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