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Tehran - 06:27 / GMT - 02:57


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MP: Good Grounds Exist for Expansion of Economic Ties between Iran, Afghanistan
TEHRAN (FNA)- A senior Iranian legislator underscored Tehran and Kabul's abundant commonalities in different fields, and said there are good grounds for the further development of economic relations and cooperation between the two countries. ( 13:48:23 - 2012/11/29)

Iran's Auto Industry Almost Self-Sufficient
TEHRAN (FNA)- Iran's auto industry is now self-sufficient in meeting 90 percent of its needs despite the US-led sanctions against the country, president of Iran's leading carmaker said Wednesday. ( 23:49:16 - 2012/11/28)

Iran's Hydropower Production Capacity Hits 9,500 MW
TEHRAN (FNA)- Iran's hydropower plant capacity reached 9,500 megawatts, the latest energy ministry reports said, adding that the country's hydroelectric power plants have generated more than 9bln Megawatt hours of electricity since the beginning of current Iranian year (started March 20). ( 22:01:12 - 2012/11/28)

Iran Oil Tanker Sails for S. Korea
TEHRAN (FNA)- An Iranian supertanker is sailing to Ulsan port, indicating that South Korea will continue oil imports from Iran despite the pressures exerted by the US-led West on Asian states to make them cut purchase of Iranian crude. ( 21:16:26 - 2012/11/28)

Iran to Produce 3 Nano Food Supplements
TEHRAN (FNA)- Iran announced on Wednesday that it will produce three food supplements by the help of nanotechnology by the end of the current Iranian year (March 20, 2013). ( 20:23:48 - 2012/11/28)

Consul: Iran, Pakistan Should Open Bank Branches in Islamabad, Tehran
TEHRAN (FNA)- Iranian Consul General to Pakistan Abbas Ali Abdollahi asked Iran's Bank Melli and the National Bank of Pakistan to inaugurate branches in Pakistan and Iran, respectively, to help further develop the trade ties between the two countries. ( 14:24:32 - 2012/11/28)

Iran, Turkmenistan Intent to Increase Bilateral Trade Balance to $10bln
TEHRAN (FNA)- High-ranking Iranian and Turkmen officials in a meeting in Ashgabat stressed their resolve to boost the two countries' annual trade balance to $10bln in the near future. ( 13:52:29 - 2012/11/28)

Oil Minister: Iran Willing to Increase Gas Imports from Turkmenistan
TEHRAN (FNA)- Iranian Oil Minister Rostam Qassemi said that his visit to Turkmenistan is aimed at increasing the volume of gas imports from that country. ( 17:01:26 - 2012/11/27)

Official: Iran Ready to Expand Cooperation with ECO in War on Corruption
TEHRAN (FNA)- A senior Iranian official emphasized expansion of bilateral ties and cooperation between Tehran and Economic Cooperation Organization (ECO) in the campaign against corruption. ( 11:57:43 - 2012/11/27)

Embassy Rejects Media Reports on Iran's Offer of Free Oil to Jordan
TEHRAN (FNA)- Iran's embassy in Jordan categorically denied media reports alleging that Tehran has offered to supply free oil to Jordan for 30 years in return for religious tourism. ( 11:42:20 - 2012/11/27)

Iran's Foreign Debts Decline by $2.4bln
TEHRAN (FNA)- Iran's foreign debts in the month of Khordad (May 21-June 20) declined by $2.4bln as compared with Farvardin (March 20-April 19), state figures showed. ( 18:01:07 - 2012/11/26)

Iran Takes over GECF Presidency
TEHRAN (FNA)- Iran was named the next chairing country of the Gas Exporting Countries Forum (GECF) and will host the GECF ministerial meeting next November. ( 16:44:25 - 2012/11/26)

Iran, Turkey Ink MoU on Economic Cooperation
TEHRAN (FNA)- Iranian and Turkish trade officials signed a Memorandum of Understanding (MoU) on boosting mutual cooperation and investments in different fields, including construction and production industries. ( 15:48:39 - 2012/11/26)

Iranian MP: Gov't to Reduce Dependence on Oil Revenues in Next Year Budget
TEHRAN (FNA)- Iran plans to decrease its reliance on oil revenues in its next year state budget to one million barrels a day, a senior Iranian legislator announced, adding that the country will try to increase its income in the non-oil export sector, instead. ( 15:19:18 - 2012/11/26)

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