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  Economy - 3 News

Official: Sanctions on Air Industry Crime against Humanity
TEHRAN (FNA)- Iranian Prosecutor-General Qorban Ali Dorri Najafabadi said imposing sanction on Iran's air industry is a crime against humanity. ( 15:51:25 - 2009/07/20)

Iran to Cut Crude Exports
TEHRAN (FNA)- Iranian Oil Minister Gholam Hossein Nozari announced that the country aims to reduce its crude oil exports as a way to hike export of other oil products, terming it the strategy of the Islamic Republic. ( 16:43:44 - 2009/07/19)

Iran, Russia to Hold Joint Naval Exercise
TEHRAN (FNA)- Iran and Russia are scheduled to hold a joint maritime exercise in the Caspian Sea on July 28-29, an Iranian official said on Sunday. ( 16:05:47 - 2009/07/19)

Official: China to Invest in Development of Abadan Refinery
TEHRAN (FNA)- An Iranian oil official announced on Saturday that a Chinese oil company is due to pick up a major role and invest large sums in the development of Abadan refinery. ( 18:49:27 - 2009/07/18)

Iran to Launch Rial-Based LCs in Afghanistan
TEHRAN (FNA)- Head of Iran's Chamber of Commerce, Industries and Mines Mohammad Nahavandian announced on Saturday that the country has started opening Rial-based Letters of Credit (LCs) in Afghanistan in a bid to facilitate trade for Iranian businessmen. ( 16:40:19 - 2009/07/18)

Iran-Pakistan-Turkey Freight Train to Start Operation Soon
TEHRAN (FNA)- Pakistani Minister of Railways Haji Ghulam Ahmed Bilour announced on Saturday that a freight train service is slated to start operation on 14 August to ferry cargo from Islamabad to Istanbul via Tehran on a regular basis. ( 16:25:15 - 2009/07/18)

Iranian Companies to Make Tenders in Iraqi Oil Projects
TEHRAN (FNA)- Iraq's Deputy Oil Minister Abdul Karim Lu'aibi said on Friday that Iran's national oil company along with other drilling companies will be invited to Iraq's oil tenders. ( 16:13:58 - 2009/07/17)

Iraqi Delegation in Iran for Economic Talks
TEHRAN (FNA)- An Iraqi delegation headed by Latif Hamad Al-Tarfa, the governor of Al-Kut province, visited Iran on Thursday to confer with Iranian officials on promoting economic ties. ( 19:19:39 - 2009/07/16)

Tehran, Baghdad Sign MoUs on Energy Cooperation
TEHRAN (FNA)- Iranian and Iraqi officials inked two Memoranda of Understanding on energy cooperation, including management of joint oil fields. ( 19:15:28 - 2009/07/16)

Iran to Hold Int'l Hand-Made Carpet Show Late Sept.
TEHRAN (FNA)- The 18th international hand-woven carpet exhibition of Iran will be held at the Tehran Permanent International Fairgrounds on September 23-29. ( 14:28:56 - 2009/07/16)

Envoy: Iran, Turkmenistan to Construct New Gas Pipeline
TEHRAN (FNA)- Iran's Ambassador to Turkmenistan Mohammad Reza Forqani on Wednesday announced that the two countries plan to build a new pipeline to transfer Turkmen gas to Iran. ( 17:32:03 - 2009/07/15)

Central Bank Body Holds 1st Meeting in 2 Years
TEHRAN (FNA)- Iran's recently revived Money and Credit Council, the central bank's major policy-making body, held its first meeting after two years. ( 13:28:17 - 2009/07/15)

Qatar Stresses Expansion of Ties with Iran
TEHRAN (FNA)- Qatari Minister of State for Internal Affairs Abdallah bin Nasir bin Khalifa al-Thani underlined his country's resolve to expand ties with the Islamic Republic of Iran. ( 16:28:40 - 2009/07/14)

Iran, China Plan to Increase Commercial Exchanges to 28bln Dollars in 2009
TEHRAN (FNA)- The President of Iran-China Chamber of Commerce Assadollah Asgaroladi said with economic stability the two countries will grow the volume of commercial exchanges to over 28 billion dollars in 2009. ( 13:01:02 - 2009/07/14)

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