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Believes in Law, Believes in Planning South Korea Rls. 300,000 / €30 July 2016 / Nos. 78&79 www.iraninternationalmagazine.com www.iraninternational.ir Iran International, the Forum for Partners in Iran’s Marketplace South Korea Believes in Law, Believes in Planning Investment li Ashraf Afkhami, Managing financing steel, petrochemical, power We should consider treated in the same way we treat others.” Director of Bank of Industry and plant and infrastructural industries. In Iran’s cooperation He reiterated: “True that as foreign AMine in a meeting with a del- pace with foreign partners, it can further investors you are after taking advantage egation from Germany’s Global Bridges strengthen its crucial role in the original with the international of specific conditions for investment in outlined the latest economic, cultural and Iran Welcomes and creditable Iranian market. community and vice Iran. I bluntly say that business atmo- social developments in the country and Afkhami stressed: “As a bank we sphere and entering into economic mar- noted that suitable opportunities were believe that having plans and prospects versa as a specific ket within a framework of competition now available in financial, monetary and can have serious effects on cooperation. economic opportunity is very important and this atmosphere is infrastructural industries of Iran. Foreign We should consider Iran’s cooperation now available here.” Afkhami further remarked that the with the international community and that can entail positive He further remarked: “We intend to atmosphere of economic and public tran- vice versa as a specific economic oppor- results for the two sides. provide our models for presence of all quility that has been developed between tunity that can entail positive results for foreign investors in the country; therefore, Iran and the international community is the two sides.” He added that today in the interna- we negotiate in order to attract appropriate the background for constructive move- Investment The BIM president said that new tional management arena, freedom and partners in all fields, industrial sector in ment aimed at expansion of financial- conditions have been developed in Iran authority of foreign investors, like many particular, from industrially advanced economic relations and transactions. By in the aftermath of the implementation of countries, are placed in a formulated countries, especially Germany.” relying on the newly emerged conditions, the Joint Comprehensive Plan of Action framework so that the capital will be en- In conclusion Afkhami referred to fundamental steps can be taken on the for Economic (JCPOA). “We in the Bank of Industry tered and both the countries and foreign such fields as petrochemicals, steel and path of financing infrastructural projects and Mine, with regard to the general poli- partners can take advantage of its benefits especially steel alloys and said these and technical and engineering services by cies of the government, have defined new and positive results. industrial fields enjoy high efficiency using foreign credit facilities and agree- conditions for the new atmosphere and According to Afkhami, Bank of and attraction. He added that this would ments signed with international creditors. are trying to accelerate the trend of Iran’s Industry and Mine, as a specialized-de- increase Iran’s competitive advantage at Afkhami noted that Bank of Development development by taking advantage of the velopment bank based on international international markets and joint ventures Industry and Mine, as a development foreign resources within the framework standards, considers fair treatment as a in industrial fields will maintain interests bank, plays a highly important role in of positive international transactions.” reciprocal principle. “We would like to be of the two sides. 4 IRAN INTERNATIONAL, July 2016, Nos. 78&79 IRAN INTERNATIONAL, July 2016, Nos. 78&79 5 in this issue Investment The Forum for Partners in Iran’s Marketplace Iran Welcomes Foreign Investment for Economic Development ............................ 4 Seyed Hussein Sanaei Germany, Iran Agree on Hermes Debt .................................................................... 33 Chairman & Editor-in-Chief Khosrow Soltani Hall of Fame Editor ‘Chevalier of Iran Industry’ Wins Leonardo Prize ................................................... 8 S. Razmkhah, S. Khoshroo, A. Bakhtiari Senior Consulting Editors Partnership Leilasadat Sanaei Major Economic Exchange ..................................................................................... 10 Art Director Photos Q & A Mohammadreza Moradabadi Italy Is Our Best Trade Partner in Europe ............................................................... 14 Elc. Reproduction Johari Banking Printing and Binding Rafsanjani Urges Banking System to Boost Production ......................................... 18 Forough Danesh Government Owes Huge Money to Banks, Private Sector ...................................... 55 For editorial, advertising, subscription and information services please contact: E-mail: [email protected] Character Tel: (+98 21) 22 666 450 Tehran Hosts International Symposium of Neurosurgeons ..................................... 20 Fax: (+98 21) 22 666 451 P.O.Box: 19615-1111 Tehran-Iran Landmark www.iraninternationalmagazine.com Iran Is Land of Opportunity ..................................................................................... 22 www.iraninternationalmagazine.ir POSCO Inks €1 bn Agreement with IMIDRO ........................................................ 28 www.iraninternational.ir IMIDRO Signs Deals with Foreign Companies ...................................................... 30 ISSN: 1029-8061 Iran International is a trade and economic quarterly distributed globally. Mines & Metals Iran Becomes World’s 9th Producer of Antimony ................................................... 31 Iran International: “The Forum for IMIDRO Changing Product Development Strategy ................................................ 32 partners in Iran’s Marketplace.” This is the motto adopted by the full-color quarterly Iran International since its emergence in Opinion June 1998. Iran International focuses on Iran Needs Korean Experience ................................................................................ 38 the theme of partnership in various sectors South Korea a Successful Resistance Economy ...................................................... 40 of economy, trade, industry and culture. Readership & Circulation: Iran Partnership International is regularly distributed Historic Event, New Era of Development ............................................................... 42 among its targeted audience who include India Seeks Long-Term Iran Oil Deals .................................................................... 46 economic, industrial, political and cultural Iran a Promising Market for Croatian Companies ................................................... 60 circles in Iran and around the world. Iranian decision-makers, government officials, industrial executives, top contractors, major Milestone commercial and financial organizations, Rouhani Rejects OIC Divisive Moves .................................................................... 48 trade partners of Iran, potential investors, joint chambers of commerce, global banks, international companies based in Trade & Business Iran, industrial plants within the country, Iran Opens Its Door to SA Business ........................................................................ 51 embassies, cultural centers, tourist and Iran, Kazakhstan Pen Deals Worth $2 bn ................................................................ 56 travel agencies and international bodies form the main readership of the magazine. All articles and advertisements of the Achievement latest issue are always accessible at the Investors Want Clear Business Prospects ................................................................ 53 magazine’s three web sites. Publications: In addition to its four regular Oil Show issues coming out in June, September, VP Urges Executives to Be Brave, Strike Big Deals ............................................... 62 December and March, the magazine publishes special issues on occasion. Internationalization Clients: In each edition, Iran International Demographic Upheaval ........................................................................................... 67 has had the pleasure of featuring the promotional items of global players and Special Report national companies that have a key role in development of industry and economy. Our Iran Foreign Trade over the Past Two Decades (1996-2016) .................................. 75 main clientele come from diverse fields of Oil & Gas, Chemicals & Petrochemicals, News in Brief Industries, Mines & Metals, Automotives, Iran Business at a Glance: A Brief Summary of Important News ........................... 108 Aviation & Tourism, Banking & Finance. 6 IRAN INTERNATIONAL, July 2016, Nos. 78&79 Hall of Fame hmad Pourfallah is the first Iranian businessman to win the Leonardo AInternational Prize 2016, a sign ‘Chevalier of Iran of the new direction of Italy’s relationship Ahmad Pourfallah, with Iran after the lifting of sanctions. “I am very happy and very proud, Chairman of the Iran-Italy I will never forget this day,” Pourfallah Industry’ Wins Joint Chamber of Commerce, said immediately after being presented Industry and Mines and with the prize by Italian President Sergio Managing Director of Secco
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