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.
Iran and Vietnam move towards free trade. In the 9th Joint Economic Commission Meeting between Iran and Vietnam in Tehran, the Minister of Industry and Mining, Mohammad Reza Nematzadeh, announced an agreement for preferential trade […]
Recently Iranian hotels apply a two-currency policy for their bookings; i.e. the Iranian travelers pay in rial, while the foreigners are asked to pay in dollar or euro. Hotel owners claim that following fluctuations in […]