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Rouhani: Iran Will Take $2 Billion Case to International Court

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Rouhani: Iran Will Take $2 Billion Case to International Court Salehi: Iran learns from U.S. Ancient Persian Iran’s super Iranian animation 21112asset seizure to proceed with 5 seals returned by heavyweight Salimi targets explores Israeli sniper who NATION care in heavy water deal & HISTORY HERITAGE U.S. to go on display SPORTS Olympic gold medal ART& CULTURE killed 13 Gazan children WWW.TEHRANTIMES.COM I N T E R N A T I O N A L D A I L Y Spain to invest in Iran’s insurance, petchem, tourism sectors 4 12 Pages Price 10,000 Rials 38th year No.12549 Wednesday MAY 11, 2016 Ordibehesht 22, 1395 Sha’aban 4, 1437 First S300 Singapore to defense system Rouhani: Iran will take $2 billion finance Iran’s becomes maritime operational case to international court projects up to POLITICAL TEHRAN — President Has- to international court, vowing Iran will spare no speech to well-wishers in Kerman. in Iran desksan Rouhani said on Tuesday efforts in upholding the people’s rights. He added, “This government has to carry €400m that Iran will take the issue of the $2 billion Ira- Iran will not let the U.S. take the money the burden of negligence and mistakes of the POLITICAL TEHRAN — Irani- nian assets appropriated by the United States which belongs to the central bank, he said in a past years.” 2 ECONOMY TEHRAN — Sin- deskan Defense Minister deskgapore’s Kim Heng Brigadier General Hossein Dehqan Offshore & Marine Holdings Limited said Khatam-ol-Anbia Air Defense signed a memorandum of under- Base has received the first delivery of Zarif says Tehran wants more trade with Germany standing (MOU) with Iran Marine Fund S300. (IMF) to cooperate in Iran’s marine Dehaqan let slip the news on the See page 2 projects, IRNA reported on Monday. sidelines of an exhibition showcasing Based on the MOU, which was the latest advances of Khatam-ol-An- signed by Mehrdad Mozaffari, the IMF bia Air Defense Base, Tasnim reported managing director, and Tan Keng Hoe on Tuesday. Melvin, the general manager for sup- Khatam-ol-Anbia Air Defense ply chain management in Kim Heng, Base which controls Iran’s air-based on Monday, the Singaporean compa- defense, is the fourth branch of the ny agreed to provide a €400 million fi- Iranian Army, which until recently had nance to develop Iran’s marine indus- ground, air, and navy divisions. tries in several phases. Iran showed off parts of the de- “The parties agreed to cooperate in fense system during National Army various spheres including manufacturing Day on April 17. of platform supply vessels, offshore cranes, The Russian predator will boost chemical tankers, and also aluminum and Tehran’s air defense capability dramat- fiberglass vessels,” Melvin announced. ically as it is one of the most advanced “In the MOU between Kim Heng systems of its kind that can engage and IMF, maximum domestic produc- multiple aircraft and ballistic missiles tion in Iran has been emphasized,” he around 150 km away. added. The Singaporean company Dehqan also noted that a home- also offered a comprehensive package grown air defense system named Ba- of applicable services in the field of var 373 (Belief) will be unveiled this maritime industries to IMF. year with capabilities similar to those Iran Marine Fund is a specialized, state- of S300. owned enterprise of the Ministry of Indus- The sale of the S-300, originally Mirdamadi HAmidreza try, Mining and Trade. Kim Heng Offshore concluded in 2007, was repeatedly & Marine Holdings Limited is an integrat- delayed due to the West’s pressure on IRNA/ ed offshore and marine value chain servic- Russia. 2 es provider located in Singapore. Iranian centers Iran, Japan discuss promoting medical co-op ARTICLE commemorating By: Jose Graziano da Silva Ferdowsi SOCIETY TEHRAN — He went on to say that “not FAO Director General deskIran and Japan only don’t we need to send pa- CULTURE TEHRAN — Some explored ways to boost medical tients abroad to get treatment deskIranian cultural cooperation, Mehr news agency but also we managed to provide Hunger and centers in Tehran and Mashhad are reported. patients from Azerbaijan, Iraq commemorating Abulqasem Ferdow- Equipping and constructing and Kuwait with healthcare ser- conflicts walk si, the poet of the Persian epic mas- hospitals, initiating postgraduate vices in Iran.” terpiece Shahnameh, during a six-day exchange programs, and boosting “In case the Japanese side in in- hand in hand celebration, which began on Monday. pharmaceutical cooperation are terested we are also willing to co- Khorasan Razavi Farhangian Uni- of the most important fields the operate with them in constructing his week, FAO is convening, in versity hosted the Seminar of Hakim two countries can focus on, Iran’s dation Yohei Sasakawa in Tehran Mentioning Iran’s strong health healthcare centers in bordering Rome, the Regional Conference Health Minister Hassan Qaziza- on Monday. network the minister noted that all areas with Iraq and Afghanistan.” T Ferdowsi on Monday, during which for the Near East and North Af- Ferdowsi expert Nasser Kanaani de- deh-Hashemi said. Qazizadeh-Hashemi also Iranian are provided with primary He further noted that “currently rica, a forum where 30 countries from livered a speech. The university also He made the remarks on the hailed the Iranian NGOs who just healthcare coverage and about 96 our primary pharmaceutical part- Mauritania to Iran, and from Turkey to hosted a meeting entitled “Ferdowsi sidelines of a meeting with the impartially keep on their humani- percent of the medications are be- ner is France, but we can have ac- Somalia, meet every two years to re- and Shahnameh through the Eyes of chairperson of the Nippon Foun- tarian efforts for altruistic reasons. ing produced domestically. tive cooperation with Japan, too.” view the achievements, challenges and the Orient” on Tuesday. priorities in food security and sustaina- Tehran will continue the celebration ble agriculture development. on Wednesday by a pardehkhani (cur- S. Korean banks gearing up to enter Iran These are turbulent times for the tain-reading) performance by Shahu region, where conflicts and protracted Salehi and a lecture by director of Fer- A growing numbers of commercial banks here Bank of Iran (CBI) and Bank Melli Iran early this CBI, April 12. crises have almost become endemic dowsi Foundation Yaser Movahedfar are accelerating their efforts to tap into markets month to discuss a euro-based settlement sys- Currently, Woori Bank operates a won- and are inflicting immense suffering at the Rostamabad Cultural Center in in Iran, which is emerging as an attractive trade tem linking Iranian banks, KEB Hana Bank and based settlement system and a center for sup- on the populations of the region. the Farmanieh neighborhood. partner for Korea. European institutes. porting trade and investment with Iran. As the Despite the progress made by in- In addition, some Shahnameh ex- Iran is one of the most promising markets The euro-based settlement system is an as- dollar-based settlement system was suspend- dividual countries in reaching the perts, including Mir Jalaleddin Kazzazi, after trade sanctions on the country were lifted. signment Korea’s banks and government have ed after Iran was slapped with sanctions, the Millennium Development Goals, the Qadamali Sarami and Mahmud Sad- According to data from the World Bank, Iran’s been grappling with, because the U.S. dollar is CBI has opened won-based accounts at Woori number of undernourished has dou- eqizadeh, will speak during a session economy is expected to grow 5.8 percent this still banned in trading with Iran, while Korea’s Bank and the Industrial Bank of Korea for pay- bled between 1990 and 2015, and the at the Tehran International Book Fair year. business leaders prefer the euro in making set- ments between the two countries’ companies. prevalence of undernourishment has on Friday. The country is emerging as an attractive tlements. The bank said it will upgrade the office into increased by 30%. Tehran’s City Theater Complex will partner for Korea as well, following President “The euro-based settlement system is a gov- a branch or a subsidiary so that it can provide In fact, conflicts and hunger are also contribute to the Ferdowsi cel- Park Geun-hye’s landmark visit to Tehran earlier ernment decision,” said an official at the bank. financial transaction services. strongly connected. ebration on Friday with “The Path of this month. Park and her counterpart Hassan “However, Ham has visited the Iranian banks to “We initially planned to turn the liaison office Evidence shows that countries with Affection, Mystery of the Heavens”, a Rouhani oversaw the signing of a number of come up with swifter measures for when this into a branch at the end of this year, but the the highest levels of food insecurity are performance by director Shokrekhoda memoranda of understanding (MOUs) aimed becomes possible.” situation is rapidly changing,” said an official. also those most affected by conflicts. Gudarzi. at boosting economic cooperation. Woori Bank is also expanding its overseas “To confirm the opening date, we are closely And violence and hunger are often The celebration will end on Fer- KEB Hana Bank is swift in coming up with network to enter the Iranian market. watching whether sanctions on Iran can be lift- locked in vicious cycles in which one dowsi National Day on May 14 with a plans for when Iran-bound transactions in eu- The bank announced, May 2, that it has ed further and how many Korean companies feeds on the other. speech by ECO Cultural Institute Pres- ros become possible. opened a liaison office in Tehran, a first for Ko- will make an entrance into the market.” In Syria alone, 6.5 million people ident Iftikhar Husain Arif, and a perfor- CEO Ham Young-joo visited the Central rean banks, after receiving approval from the (Source: Korea Times) have been internally displaced, while mance of naqqali, a style of storytell- more than 4.8 million have fled to the ing dedicated to epic stories from the neighbouring countries as refugees, Shahnameh.
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