DOCSLIB.ORG

Jay Chemical Industry

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Jay Chemical Industry A GLOBAL / COUNTRY STUDY AND REPORT ON ―JAY CHEMICAL IN IRAN COUNTRY‖ Submitted to (Dalia Institute of Management) IN PARTIAL FULFILLMENT OF THE REQUIREMENT OF THE AWARD FOR THE DEGREE OF MASTER OF BUSINESS ASMINISTRATION In Gujarat Technological University UNDER THE GUIDANCE OF Prof. Azmat Pirzada Prof. Reema Rafaliya Prof. Khyati Patel Prof. Amit Prajapati Prof. Silvester Christian Submitted by Batch: 2010 -13, MBA SEMESTER – III/IV (Dalia Institute of Management) MBA PROGRAMME Affiliated to Gujarat Technological University Ahmadabad. [1] Students’ Declaration We, Student of Dalia Institute of Management hereby declare that the report for Global/ Country Study Report entitled JAY CHEMICAL IN IRAN COUNTRY in Iran is a result of our own work and our indebtedness to other work publications, references, if any, have been duly acknowledged. NAME:- Prajapati mansi Patel bhoomika Patel Dimple Patel rinku Bihola Sonal Gohel Aarti Gautam Alka Momin saleha Sukla Moni Dodia Shital Patel Bhoomi Desai jayati Patil Varsha Mehta arpita Patel Priyanka Place:- Date:- [2] Institute’s Certificate ―Certified that this Global /Country Study and Report Titled ―JAY CHEMICAL IN IRAN COUNTRY‖ is the bonafide work of student of Dalia Institute of Management, who carried out the research under my supervision. I also certify further, that to the best of my knowledge the work reported herein does not form part of any other project report or dissertation on the basis of which a degree or award was conferred on an earlier occasion on this or any other candidate. Signature of the Faculty Guide (Certificate is to be countersigned by the Director/HoD) [3] PREFACE In M.B.A program, students have to make a Global Country Study project report as a part of curriculum course. The objective behind preparing this report is to understand about JAY CHEMICAL in Iran country. The successful completion of this project was a unique experience for us. We achieved a better knowledge about JAY CHEMICAL in Iran country. The experience which we gained by doing this project was essential at this turning point of our career this project is being submitted which content detailed analysis of the research under taken by us. The Study provides an opportunity to the students to devote their skills knowledge and competencies required during the technical session. This document forms a report of our project, outlining the research design elements and methodology. Also, helped us to know and understand the implication of the research on the future market expansion and growth. The preparation of this project report is based on facts & findings during the research work & information collected on the basis of outside Sources like Annual Report of JAY CHEMICAL, Internet Sources, Latest Bulletin etc. The scope of the project report is to study global opportunity of JAY CHEMICAL at Iran Country. Our work in this project is, therefore, a humble attempt towards this end. [4] ACKNOWLEDGEMENT It was a great opportunity for us to study on JAY CHEMICAL in Iran country. We are extremely grateful to all those who have shared their expertise and knowledge with us and whom the completion of this project would have been virtually impossible. Firstly, we would like to thank our Faculty Guide Prof. Khyati Patel, Prof,Azmat Pirzada, Prof.Rima Rafalia, Prof.Amit Prajapati, Prof.Silvester Christian who has been a constant source of inspiration for us during the completion of this project. She gave us invaluable inputs during our endeavour to complete this project. We want to give our special thanks to all members of Dalia Institute of Management, for providing us opportunity to work on this project with this great organization and we would also like to thank all the respondents met in the preparation, who gave their valuable time to provide us required information and their honest support to complete our project in time. Last but not the list we are great full to GUJARAT TECHNOLOGICAL UNIVERSITY for including the project as a part curriculum of MBA programme with which we got the experience of challenging exercise in the research and survey conducted. NAME:- Prajapati mansi Ghosh Paroma Patel bhoomika Patel Dimple Patel rinku Bihola Sonal Gohel Aarti Gautam Alka Momin saleha Sukla Moni Dodia Shital Patel Bhoomi Desai jayati Patil Varsha Mehta arpita Patel Priyanka [5] Executive Summary The project titled “to study on Jay Chemicals in Iran” with respect to chemical industry. New ideas and innovations have always been the hallmark of progress made by mankind. At every stage of development, there have been two core factors that drive man to ideas and innovation. These are increasing returns and reducing risk, in all facets of life. The main objective of the study is to the top of mind awareness or different chemical industry in Iran. While selecting a industry in General, to determine the influence of different factor on a purchase decisions of Jay chemical of customer. In this report we have taken a first look, at overview of industries trade and commerce is includes the economy of Iran, statistics inclusive with the GDP, growth, capital, GDP by sector, GDP component, inflation, etc . and including external factors in which import, export, their partners and external debt. In the next section, we discuss about the view to study the trade and commerce in Iran with respect to Jay chemical Industries Ltd. A wide variety of information through various sources like primary surveys, internet, and literature was gathered. As outcomes of the project, a file was made showing the National Iranian oil company, Paras oil & gas company and petroleum development com. With their corporate profile and products & services overview. We have collection of all Iran chemical industries and also top 10 companies‘ turnover. Iran ‗s population increased dramatically during the later half of the 20th century which is reaching about 75 million by 2011.In recent years, however, iran's birth rate has dropped significantly. [6] The major of groups in this category include the Persians, kurds, gilakis, and baluchis & Turkic speakers, such as the azeri, Turkmen and the qashqai peoples, comprise a substantial minority. Irans economy is marked by an inefficient state sector, reliance on the oil sector, which provides the majority of government revenues, and statist policies, which create major distortions throughout the system. Private sector activity is typically limited to small-scale workshops, farming, and services. Price controls, subsidies, and other rigidities weigh down the economy, undermining the potential for private-sector-led growth. Iran has a mixed economy that is heavily dependent on export earnings from the country's extensive petroleum reserves. Oil exports account for nearly 80 percent of foreign exchange earnings. LOCATION AND SIZE: Iran, a country slightly larger than Alaska, is located in the Middle East, bordering the Gulf of Oman and the Persian Gulf in the south and the Caspian Sea in the north. POPULATION: Iran's population was estimated to total 65.6 million in July 2000 according to CIA figures. FINANCIAL SERVICES: The Iranian banking sector is dominated by 10 state-owned banks, including the 6 full-service commercial banks, and 4 sectorally specialized ones. COMMERCE: Iran has traditionally been an agricultural nation populated by traders. TOURISM: The bulk of tourism remains to be founded on Shia pilgrimage centers such as Mashhad and Qom. Our study at chemical industry in Iran is learning experience for our career. It provides us ample opportunities to gather knowledge about chemical & petroleum industries of Iran industries. We could cultivate and improve various soft skills like man management, organizing ability, communication skills as well as creativity during this report. [7] INDEX NO. PARTICULARS PAGE NO. Information of IRAN PART-1 ECONOMIC OVERVIEW OF AMUL 1 Demographic Profile of IRAN 1 2 Economic Overview of IRAN 19 3 Overview of Industries Trade and Commerce 51 4 Overview Different Economic Sector of IRAN 74 5 Overview of Business and Trade at International Level 85 6 Present Trade Relations and Business Volume of 107 Different Product with India 7 PESTAL analysis 129 PART-2 COMPANY SPECIFIC STUDY 8 Introduction of JAY CHEMICAL in the economy of 148 Specified Country 9 Structure, Functions and Business Activities of JAY 180 CHEMICAL 10 Comparative Position of JAY CHEMICAL with India 213 11 Present Position and Trade of Business with India 240 during last 2 to 3 years 12/13 Policies and Norms of IRAN/INDIA for JAY CHEMICAL 265 for Import/Export including licensing/permission, taxation, etc. 14 Present Trade barrier for Import/Export of selected 309 Goods 15 Potential for import/export in India Market 309 16 Business Opportunities in Future 326 17 Conclusions/ Suggestions 326 Bibliography 348 [8] CHAPTER - 1 DEMOGRAPHIC PROFILE OF THE IRAN [9] Demographics of Iran country Iran ‗s population increased dramatically during the later half of the 20th century which is reaching about 75 million by 2011.In recent years, however, iran's birth rate has dropped significantly. Studies project that Iran's rate of population growth will continue to slow until it stabilizes above 100 million by 2050 More than half of Iran's population is under 35 years old (2012). In 2009, the number of households stood at 15.3 million (4.8 person/household) According to the central bank of iranin 2012, in 22.5 per cent of Iranian families, all family members were unemployed Families earn some 11.4 million rials(around $930) per month on the average (2012). Languages and ethnic group The major of groups in this category include the Persians, kurds, gilakis, and baluchis & Turkic speakers, such as the azeri ,Turkmen and the qashqai peoples, comprise a substantial minority. The remainders are primarily semitics such as arabs & Asseyrians or other Indo-Europeans such as pashtuns and Armenians.
Load more

Recommended publications
  • GCC Oil Exporters and the Future of the Dollar Forthcoming in New Political Economy
    Title: GCC Oil Exporters and the Future of the Dollar Forthcoming in New Political Economy Author: Bessma Momani- Assistant Professor University of Waterloo and Senior Fellow, Centre for International Governance and Innovation Bio: Dr. Bessma Momani is Assistant Professor at the University of Waterloo and a Senior Fellow at the Centre for International Governance and Innovation. Dr. Momani has written on the US Middle East Free Trade Area, Euro-Med initiative, economic integration of the GCC, EU-GCC free trade agreement, economic liberalization in Egypt, and extensively on the International Monetary Fund. In addition to three monographs, her articles have appeared in World Economics, International Journal, Review of International Political Economy, Review of International Organizations, World Economy, Global Society, Middle East Review of International Affairs, New Political Economy, Canadian Journal of Political Science, and Asian Affairs. Abstract: Since the early 1970s, the oil-exporting states of the Gulf Cooperation Council (GCC) led by Saudi Arabia, have played a key role in supporting the value of the US dollar by invoicing oil trade oil in dollars and by investing in US dollar reserves and securities. However, the United States‟ negative fiscal and current account positions have made many nervous about the sustainability of the US dollar as an international reserve currency. This article asks whether the GCC oil exporters will undermine the future of the dollar. Three factors are considered: the GCC‟s influence in changing the dollar-based invoicing of oil; emerging patterns in petrodollar recycling; and, the potential for diversification of GCC official reserves. The findings of this article suggest that despite some economic rationales in favour of loosening ties to the dollar, in the short term at least, the GCC will remain loyal to the dollar for political and security reasons.
    [Show full text]
  • Iran Business Guide
    Contents Iran Chamber of Commerce, Industries & Mines The Islamic Republic of IRAN BUSINESS GUIDE Edition 2011 By: Ramin Salehkhoo PB Iran Chamber of Commerce, Industries & Mines Iran Business Guide 1 Contents Publishing House of the Iran Chamber of Commerce, Industries & Mines Iran Business Guide Edition 2011 Writer: Ramin Salehkhoo Assisted by: Afrashteh Khademnia Designer: Mahboobeh Asgharpour Publisher: Nab Negar First Edition Printing:June 2011 Printing: Ramtin ISBN: 978-964-905541-1 Price: 90000 Rls. Website: www.iccim.ir E-mail: [email protected] Add.: No. 175, Taleghani Ave., Tehran-Iran Tel.: +9821 88825112, 88308327 Fax: + 9821 88810524 All rights reserved 2 Iran Chamber of Commerce, Industries & Mines Iran Business Guide 3 Contents Acknowledgments The First edition of this book would not have been possible had it not been for the support of a number of friends and colleagues of the Iran Chamber of Commerce, Industries & Mines, without whose cooperation, support and valuable contributions this edition would not have been possible. In particular, the Chamber would like to thank Mrs. M. Asgharpour for the excellent job in putting this edition together and Dr. A. Dorostkar for his unwavering support . The author would also like to thank his family for their support, and Mrs. A. Khademia for her excellent assistance. Lastly, the whole team wishes to thank H.E. Dr. M. Nahavandian for his inspiration and guidance. Iran Chamber of Commerce, Industries & Mines June 2011 2 Iran Chamber of Commerce, Industries & Mines Iran Business Guide 3
    [Show full text]
  • Petrodollar Warfare: Dollars, Euros and the Upcoming Iranian Oil Bourse
    Suite 301, 20 Harewood Avenue, London, NW1 6JX Tel: +44 (0) 207 258 3750 - Email: [email protected] - www.globalcrisis.org.uk Petrodollar Warfare: Dollars, Euros and the Upcoming Iranian Oil Bourse By William Clark August 8, 2005 "This notion that the United States is getting ready to attack Iran is simply ridiculous...Having said that, all options are on the table." -- President George W. Bush, February 2005 Contemporary warfare has traditionally involved underlying conflicts regarding economics and resources. Today these intertwined conflicts also involve international currencies, and thus increased complexity. Current geopolitical tensions between the United States and Iran extend beyond the publicly stated concerns regarding Iran's nuclear intentions, and likely include a proposed Iranian "petroeuro" system for oil trade. Similar to the Iraq war, military operations against Iran relate to the macroeconomics of 'petrodollar recycling' and the unpublicized but real challenge to U.S. dollar supremacy from the euro as an alternative oil transaction currency. It is now obvious the invasion of Iraq had less to do with any threat from Saddam's long-gone WMD program and certainly less to do to do with fighting International terrorism than it has to do with gaining strategic control over Iraq's hydrocarbon reserves and in doing so maintain the U.S. dollar as the monopoly currency for the critical international oil market. Throughout 2004 information provided by former administration insiders revealed the Bush/Cheney administration entered into office with the intention of toppling Saddam.[1][2] Candidly stated, 'Operation Iraqi Freedom' was a war designed to install a pro-U.S.
    [Show full text]
  • April-May 2011 / No.137- 138 South Pars Gas Production: Right from The
    In The Name of God Articles on Oil & Gas in the English section, April-May 2011 / No.137- 138 in cooperation with IranOilGas.com Published by: IRANIAN ASSO - CIATION FOR ENERGY ECO-NOMICS (IRAEE) ISSN 15631133- Daiichi Nuclear Power Plant and Western Director and Editor-in - Chief: Policies of Energy Security / 2 Seyed Gholamhossein Hassantash Editorial Manager: Saed Dabestani Editorial Board: Majid Abbaspour, Reza Farmand, Ali Moshtaghian, Mohammad-reza Omidkhah, Ebrahim Bagherzadeh, Turkish Government and the Question of Fereidoun Barkeshly, Hassan Khosravizadeh, Mohammad-ali Unfeasible Nature of Baku-Tbilisi-Ceyhan Movahhed, Behroz Beik Alizadeh, Ali Emami Meibodi, Seyed Mohammad-ali Tabatabaei, Afshin Javan, Hamid Abrishami, (BTC) Pipeline / 4 Mohammad-bagher Heshmatzadeh, Mehdi Nematollahi, Mozafar Jarrahi, Ali Shams Ardakani, Mohammad Mazreati Advertisement Dept : Adamiyat Advertising Agency Tel: 021 - 88 96 12 15 - 16 / 6 Translators: Mahyar Emami, Hamid Barimani Subscription: Hamideh Noori South Pars Gas Production: Right from the Start / 10 IRANIAN ASSOCIATION FOR ENERGY ECONOMICS Unit 13, Fourth flour, No.177, Vahid Dastgerdi (Zafar) Ave., Tehran, Iran Tel: (9821) 222620613- Fax: (9821) 22262064 Web: www.IRAEE.org E-mail: [email protected] April-May 2011 137- 138 Daiichi Nuclear Power Plant and Western Policies of Energy Security he horrifying and deadly Earthquake/ human society, plus those of the generations to come. Tsunami of March 2011 in Japan, which 2) If Japan, an example of the state-of-the-art technology T caused a gigantic crisis in the Daiichi with the highest possible standards of discipline and nuclear power plant of Fukushima, greatly shocked the safety, has to suffer such a catastrophe because of an world and especially the people living near the power plant.
    [Show full text]
  • The Proposed Iranian Oil Bourse
    The Proposed Iranian Oil Bourse Commissioned by: J. Douglas Bowey and Associates Analysis by: Krassimir Petrov, Ph.D. Austrian Macro Economist/Investment Strategist Date: 16 January 2006 Abstract: The American Empire depends on the U.S. dollar. The proposed Iranian Oil Bourse will accelerate the fall of the U.S. dollar and hence the fall of the American Empire. I. Economics of Empires A nation-state taxes its own citizens, while an empire taxes other nation-states. The history of empires, from Greek and Roman, to Ottoman and British, teaches that the economic foundation of every single empire is the taxation of other nations or of their subjects. The imperial ability to tax has always rested on a better and stronger economy, and as a consequence, a better and stronger military that peacefully or militarily enforced the tax. One part of those taxes went to improve the living standards of the empire and the other part went to reinforce the military dominance necessary to enforce those taxes. Historically, taxing the subject state has been in various forms, usually gold and silver, where those were considered money, but also slaves, soldiers, crops, cattle, or other agricultural and natural resources, whatever economic goods the empire demanded and the subject-state could deliver. Historically, the taxation has always been direct: the subject state handed over the money (gold/silver) or the economic goods directly to the empire. For the first time in history, in the twentieth century, America was able to tax the world indirectly—not by enforcing the direct payment of taxes like all of its predecessor empires did, but by distributing its own currency, the U.S.
    [Show full text]
  • KISH ISLAND Is a 91.5-Square-Kilometre )کیش :Kish (Persian (35.3 Sq Mi) Resort Island in the Persian Gulf
    KISH ISLAND is a 91.5-square-kilometre )کیش :Kish (Persian (35.3 sq mi) resort island in the Persian Gulf . It is part of the Hormozgān Province of Ira n. Due to its free trade zone status it is tout ed as a consumer's paradise, with numerous malls, shopping centres, tourist attractions, and resort hotels. It has an estimated popul ation of 26,000 residents and about 1 millio n people visit the island annually. Kish Islan d was ranked among the world’s 10 most b eautiful islands by The New York Times in 2 010, and is the fourth most visited vacation destination in Southwest Asia after Dubai, U nited Arab Emirates, and Sharm el-Sheikh. F oreign nationals wishing to enter Kish Free Zone from legal ports are not required to o btain visas prior to travel. Valid travel permi ts are stamped for 14 days by airport and K ish port police officials. Kish Island located in Persian Gulf. Kish is located in the Persian Gulf 19 km (12 mi) from mainland Iran and has an area of aro und 91 km2 (35 sq mi) with an outer boundary of 40 km (25 mi) and a nearly elliptical shape . Along Kish's coast are coral reefs and many other small islands. The Island is positioned al ong the 1,359 km (844 mi) long Iranian coastline north of the Persian Gulf, at the first quart er from the Hormuz entrance to the Persian Gulf. The island is 15.45 km (9.60 mi) long from west coast to the east coast (the distance between Mariam Complex and Hoor field).
    [Show full text]
  • The World Bank
    The World Bank Public Disclosure Authorized IRAN ECONOMIC MONITOR SEIZING THE OPPORTUNITY Public Disclosure Authorized March 2016 Global Practice for Macroeconomics & Fiscal Management MIDDLE EAST AND NORTH AFRICA REGION Public Disclosure Authorized The World Bank www.worldbank.org/lb Public Disclosure Authorized IRAN ECONOMIC MONITOR | SEIZING THE OPPORTUNITY PREFACE The Iran Economic Monitor provides an update publications, please contact Nada Abou Rizk on key economic developments and policies over ([email protected]). For questions and the past six months. It examines these economic comments on the content of this publication, please developments and policies in a longer-term and contact Shahrzad Mobasher Fard (smobasherfard@ global context, and assesses their implications for the worldbank.org) or Eric Le Borgne (eleborgne@ outlook for the country. Its coverage ranges from the worldbank.org). Questions from the media can be macro-economy to financial markets to indicators of addressed to Mona Ziade ([email protected]). human welfare and development. It is intended for a wide audience, including policy makers, business Cover Photo: Shah Emam Mosque – Isfahan / leaders, financial market participants, and the Mohammad Reza Domiri Ganji / gravity.ir. community of analysts and professionals engaged in Iran. The Iran Economic Monitor is a product of the World Bank’s Global Practice for Macroeconomics & Fiscal Management team. It was prepared by Eric Le Borgne (Lead Economist), Abdoulaye Sy (Senior Economist), Shahrzad Mobasher Fard (Economist), and Samer Matta (Economic Analyst) under the general guidance of Auguste Tano Kouame (Global Practice Manager). The Special Focus on the banking system was prepared by Michael Edwards (Lead Financial Specialist), and the one on the oil and gas sector by Hossein Razavi (Consultant).
    [Show full text]
  • Iran Business Guide
    Contents Iran Chamber of Commerce, Industries & Mines The Islamic Republic of IRAN BUSINESS GUIDE Edition 2011 By: Ramin Salehkhoo PB Iran Chamber of Commerce, Industries & Mines Iran Business Guide 1 Contents Publishing House of the Iran Chamber of Commerce, Industries & Mines Iran Business Guide Edition 2011 Writer: Ramin Salehkhoo Assisted by: Afrashteh Khademnia Designer: Mahboobeh Asgharpour Publisher: Nab Negar First Edition Printing:June 2011 Printing: Ramtin ISBN: 978-964-905541-1 Price: 90000 Rls. Website: www.iccim.ir E-mail: [email protected] Add.: No. 175, Taleghani Ave., Tehran-Iran Tel.: +9821 88825112, 88308327 Fax: + 9821 88810524 All rights reserved 2 Iran Chamber of Commerce, Industries & Mines Iran Business Guide 3 Contents Acknowledgments The First edition of this book would not have been possible had it not been for the support of a number of friends and colleagues of the Iran Chamber of Commerce, Industries & Mines, without whose cooperation, support and valuable contributions this edition would not have been possible. In particular, the Chamber would like to thank Mrs. M. Asgharpour for the excellent job in putting this edition together and Dr. A. Dorostkar for his unwavering support . The author would also like to thank his family for their support, and Mrs. A. Khademia for her excellent assistance. Lastly, the whole team wishes to thank H.E. Dr. M. Nahavandian for his inspiration and guidance. Iran Chamber of Commerce, Industries & Mines June 2011 2 Iran Chamber of Commerce, Industries & Mines Iran Business Guide 3
    [Show full text]
  • Cost of Conflict in the Middle East
    For the first time in sixty years, a detailed assessment of economic, human, military, environmental, social, political, diplomatic, psychological, and all other costs and benefits of potential peace in the Strategic Foresight Group Middle East is made using (SFG) is a think-tank based 97 different parameters. in India with global reach. It This is an innovative helps policy makers to plan document fully presented future in uncertain times. in the form of graphs and Its earlier ‘cost of conflict’ diagrams. It demonstrates reports on India-Pakistan the power of numbers and Sri Lanka have had to change the minds of measurable policy impact. people. Impressed by the policy impact of the earlier reports, Strategic Foresight Group was As the United States and the international supported by governments or leaders of community prepare for fresh policy initiatives Norway, Switzerland, Turkey and Qatar to in the Middle East, this is an essential tool for prepare a detailed report on cost of conflict political leaders and negotiators. It is also a in the Middle East. More than 50 leading great resource for scholars interested in the experts from Israel, Palestinian Territories, region as well as those looking for innovative Iraq, Lebanon, Jordan, Egypt, Qatar, Kuwait, approaches to peace and conflict analysis and the Arab League participated in the anywhere in the world. process. India Rs 1,800 Abroad US $ 40 In cooperation with AK Party, Turkey Federal Department of Foreign Affairs, Switzerland Ministry of Foreign Affairs, Norway Qatar Foundation,
    [Show full text]
  • Spg Shakhes Pajouh Group Investment Consulting
    SPG SHAKHES PAJOUH GROUP INVESTMENT CONSULTING CONSULTATIONS f Trade, Market & Legal consultations NETWORK ^ Connection with local and national Authorties PARTNERSHIP % Find your best partner among national or local companies. CERTIFICATION ) Obtain necessary Certifications PHYSICAL INFRASTRUCTURE p Providing physical infrastructure and buildings SPG, Your Bridge of Investment to IRAN Amir MAHMOUDZADEH Director Shakhes Pajouh Group We thought of all your needs in SPG Recently world bank has published a report about Iran’s situation after lifting sanction in the title of “"Economic Implications of Lifting Sanctions on Iran" which estimated with the removal of sanctions, the Iranian economy is expected to expand significantly in the following years, through increased oil production and exports, auto production, and expansion of trade. This shows why many fo- reign companies seeking Iran’s investment opportunities. Iran has many oppor- tunities for investment and can be considered as one of the best destination of Investment but because of many years’ isolation, now the foreign companies don’t know how to enter to Iran’s market. They need something like a bridge which can accelerate their present to Iran's market and that's the reason of SPG creation. SPG is a group of companies and institutes which work under a central unit management with different filed of specialties. As an investor you need re- search about Iran market, you need physical infrastructure for your office and WELCOME WELCOME store, you need someone who knows well Iran’s law and regulation, You need someone who can deal with administrative procedures for obtaining required certification and most important you need a network of other companies in Iran and an excellent relations with local and national authorities, all SPG can provi- de for you.
    [Show full text]
  • March in Basra to Deplore Attack on Iran Consulate
    WWW.TEHRANTIMES.COM I N T E R N A T I O N A L D A I L Y 16 Pages Price 10,000 Rials 39th year No.13209 Monday SEPTEMBER 17, 2018 Shahrivar 26, 1397 Muharram 7, 1440 Talks began after Obama MP calls on Foreign We want to beat Play on Persian poet accepted Iran’s right to Ministry to summon Al Duhail for our fans: Sadi to go on stage nuclear enrichment 2 French ambassador 2 Ivankovic 15 in Vancouver 16 Turkey proposes setting up joint bank with Iran ECONOMY TEHRAN — Turkey step for developing economic relations,” deskhas proposed establish- the Turkish Representative Chairman of ing a joint bank with Iran for facilitating Iran-Turkey Business Council, Ümit Kiler trade between the two countries, IRNA said on Saturday. reported citing an article published in the In his article, Kiler touched upon the re- Turkish newspaper “Dünya”. marks of the governor of the Central Bank of “Establishing a joint bank through Iran (CBI) regarding the elimination of U.S. which the two sides could conduct bi- dollar from trade between the two countries, lateral trade and businesses without the writing “on the sidelines of the trilateral meet- need for U.S. dollar would be the final ing among Iran, Turkey and Russia, 4 Neighbors prioritized for exporting knowledge-based ICT products TECHNOLOGY TEHRAN — Four Mehdi Faqihi said that Iran plans to deskneighboring countries boost the ICT market in those countries of Iraq, Afghanistan, Oman and Turkey were during the presence at the [Persian] Gulf given priority for knowledge-based product Information Technology Exhibition (GI- marketing of Information and Communication TEX) in Dubai.
    [Show full text]
  • IRGC Stages Massive Military Exercise
    WWW.TEHRANTIMES.COM I N T E R N A T I O N A L D A I L Y 12 Pages Price 50,000 Rials 1.00 EURO 4.00 AED 42nd year No.13723 Wednesday JULY 29, 2020 Mordad 8, 1399 Dhul Hijjah 8, 1441 11 individuals convicted Six U.S. mayors urge Hadi Saei chosen as Venice Film Festival for disrupting Iran’s Congress to block Trump head of Iran’s Athletes’ picks three movies currency market 3 federal deployment 10 Commission 11 from Iran 12 Iran’s foreign debt falls 4.1%: CBI TEHRAN – The latest report published External debt is the portion of a coun- IRGC stages massive by the Central Bank of Iran (CBI) puts the try’s debt that is borrowed from foreign country’s foreign debt at $8.655 billion at lenders including commercial banks, the end of the first quarter of the current governments or international financial Iranian calendar year (June 20), down institutions. These loans, including inter- 4.16 percent from $9.031 billion at the est, must usually be paid in the currency See page 3 end of the previous year, IRNA reported. in which the loan was made. From the total foreign debt, $7.163 Foreign debt as a percentage of Gross billion was mid-term and long-term debts Domestic Product (GDP) is the ratio be- military exercise while $1.492 billion was short-term debts, tween the debt a country owes to non-res- the report confirmed ident creditors and its nominal GDP. Post-coronavirus world order ‘not entirely Western’, Zarif predicts TEHRAN – Iranian Foreign Minister sation with English-speaking audience Mohammad Javad Zarif has predicted from Tehran on Monday, Zarif said the that the post-coronavirus world order past 30 years have constituted one of the would not be totally Western anymore, most turbulent junctures in the world’s saying that Western countries have failed history, which has been marked with var- to develop a proper understanding of the ious wars as well as cataclysmic changes realities on the ground.
    [Show full text]