In a meeting with a German Commercial Delegation visiting the city of Tabriz, the Chairman of the Tabriz Chamber of Commerce, Samad Hassanzadeh, mentioned Tabriz as the Capital of Tourism in Islamic Countries in the year 2018. Asrar writes that the Chairman introduced the city’s industrial potential including the automotive industry, the petrochemical industry, refineries and the food industry and welcomed widespread cooperation with Germany. Iran’s first technical and vocational school, Germany Technical College, opened in 1907 in Tabriz with the help of German professors. The province of West Azerbaijan has continental climate which creates suitable opportunity for agriculture yet there are concerns over water shortage issues. Mr. Hassanzadeh expressed great interest in cooperating with European countries in order to employ their technology to manage water consumption. Furthermore, investment in the Aras Economic Free Zone will grant 5% to 15% tax cuts.
Getting closer to 4th of November, Times of India reports that the US has agreed to grant India a waiver on Iran sanctions. Since India has agreed to cut its oil import from Iran by […]
Ebtekar quotes the Minister of Oil as having said, during the previous year the production of gasoline increased by nearly 25 million liters and reached 87 million liters per day. Thus, considering the annual 8% […]
In the last 11 years, more than 190 billion dollars of capital have left Iran. More than one-fifth of this sum left the country in the past two years. All the while, Iran has been […]