4 October 3, 2016 ECONOMIC NEWS VP: 32 Tons of Heavy Water Sold to No Obstacle to Foreign U.S.: Iran Nuclear Chief TEHRAN (Press TV) - The produce heavy water under head of the Atomic Energy regulations of the International Firms’ Investment in Iran Organization of Iran (AEOI) says Atomic Energy Organization of an international investment industry development projects,” the Islamic Republic has sold 32 (IAEA). conference in Tehran on Sunday. Mehran Amir-Moeini said. tons of heavy water to the United According to the JCPOA, the He reiterated that the According to the fellow States and delivered 38 tons of US administration of President implementation of the resistance researcher at the Tehran-based the nuclear substance to Russia. Barack Obama said in April that economy programs is one of Institute for International Energy “European firms, including Washington would buy $8.6 government’s serious policies. Studies (IIES), cooperation and Jahangiri said that the post- interaction of the Petroleum German and French ones, seek to million worth of heavy water sanction atmosphere has created Ministry and other responsible purchase Iran’s heavy water and from Iran. new economic and political bodies cooperating with the we have expressed our readiness The agreement, which took conditions which should be used ministry could facilitate attraction in this regard,” Ali Akbar Salehi effect in January, calls for an by major trade, economic and of foreign capital to the industry. told reporters on Sunday. end to decades of nuclear-related industrial firms. Saying that cost of construction He added that under last year’s sanctions against Iran in exchange In relevant remarks in September, of production units in the oil nuclear agreement, known as for restrictions on its nuclear Iranian energy economist said, the industry had been halved, the local oil industry has appealing energy expert added that national Eshaq Jahangiri features for foreigners who, determination was needed to considering the conditions in the launch new oil projects in the TEHRAN (FNA) - Iranian First “We invite all foreign and wake of nuclear deal, have kept country with the investment of Vice President Eshaq Jahangiri domestic investors to invest in their hopes of investment in the foreigners. underlined that his country has Iran within our country’s laws and Islamic Republic alive. The negotiations’ process with provided suitable conditions for the regulations; we have good laws for “In the post-sanctions era, there foreign investors, he suggested, presence and investment of foreign attraction of investors,” Jahangiri are apt opportunities for Petroleum has to be cut down to boost companies in Iran. told reporters on the sidelines Ministry to materialize its oil development projects. Iran’s Commodity Export Revenues Iran, Pegged at $50bn by March 20 Netherlands to TEHRAN (FNA)- Head of the international transportation and export of services should be Trade Promotion Organization transit that by end of this year doubled. Expand Trade (TPO) Mojtaba Khosrowtaj says (on March 20, 2017), Iran’s cargo He predicted that this year, Iran Head of the Atomic Energy Organization of Iran Ali Akbar Salehi the good export revenue should exports earnings should be as will be able to earn 50 billion Ties According reach as much as 50 billion dollars. much as 50 billion dollars and that dollars out of commodity expors Khosrowtaj told a group of of its services 16 billion dollars. and 16 billion dollars out of export the Joint Comprehensive Plan of program. traders and officials in charge of He said the revenues out of of services. to Roadmap Action (JCPOA), between Iran In September, the IAEA TEHRAN (Tasnim) – Iran’s and the five permanent members once again confirmed Iran’s Ambassador to Netherlands Alireza of the UN Security Council – the commitment to the landmark NITC, Norway to Cooperate in LNG Jahangiri highlighted the importance United States, France, Britain, nuclear agreement, with the of bilateral relations between the two China and Russia – plus Germany, agency’s Director General Yukiya countries, saying that Tehran and Transportation Tehran can keep a heavy water Amano saying that the UN nuclear TEHRAN (FNA) - Managing of the Norwegian companies in of the Joint Comprehensive Plan of Amsterdam plan to promote trade ties stockpile of 130 tons and offer the agency would continue evaluating Director of National Iranian Tanker supply of ship parts and equipment, Action (JCPOA) and its impact on based on a well-defined roadmap. Company (NITC) Ali-Akbar Safaie insurance, ranking and class. “We Iran-Norway ties and said, “We “Grounds are provided for closer surplus for sale on international the absence of undeclared nuclear said on Sunday that Iran is ready hope cooperation with Norwegians are ready to upgrade cooperation cooperation between the Islamic markets. material and activities in Iran. for cooperation with Norwegian will expand.” with the NITC in supply of ship Republic and the Netherlands in many Pointing to the increasing In a quarterly report on Iran on companies for transportation of LNG. Also referring to huge gas reserves, parts, ranking, class and maritime fields,” Jahangiri said in a speech in demand for heavy water September 8, Iran’s commitment Safaie made the remarks in a Safaie said Iran has extensive plan transportation related fields.” the Erasmus University in Rotterdam. worldwide, Salehi noted that Iran to the nuclear agreement was The diplomat added that therefore, meeting with State Secretary at for gas production and exports. She also referred to interest of has become a major international confirmed by the IAEA which the Norwegian Ministry of Trade, Among other grounds for Norwegian maritime and shipping the two countries have devised a supplier of the substance. is tasked with overseeing the Industry and Fisheries Dilek Ayhan cooperation with Norwegian companies in expansion of roadmap to promote relations within in Tehran on Saturday. companies is maritime fueling, he cooperation with the NITC and said, its framework. The AEOI head said heavy implementation of the JCPOA. He said with implementation of the said. “Iran has a good advantage and “We are ready to cooperate with the “Thanks to the advantages of doing water is not used only in Since January, the IAEA Joint Comprehensive Plan of Action position in the sector.” NITC in the LNG projects and the business with the Islamic Republic of reactors but can also be utilized has released regular reports (JCPOA), more ground would be Ayhan, for her part, said her LNG ships.” Iran, European countries have taken in various industries, including confirming the peaceful nature available for cooperation between country is ready for expansion She invited the NITC officials massive steps to boost economic pharmaceuticals. of Iran’s nuclear activities and Iran and Norway. of cooperation with the NITC in to pay a visit to Norway to get cooperation with Iran over the past He added that only a few Tehran’s commitment to the two years, especially after the nuclear He went on to say that the NITC various sectors. acquainted with Norwegian countries are authorized to agreement. is cooperating with a large number She also touched on implementation companies. deal,” he noted. Earlier last month, Jahangiri and president of the Netherlands’ central bank (De Nederlandsche Bank), UK Unveils $285 Million Funding to Klaas Knot, held a meeting in The Germany Eyeing €3bn Hague to discuss ways to boost Boost Technology Industry banking interactions between the two nations. Investment in Iran The talks come against the backdrop TEHRAN (Press TV) - Iran says for Tehran-Isfahan - and probably London (Dispatches) - The UK million pounds will go toward leading role in this sector.” of a new wave of interest in ties with Germany is preparing to implement Tehran-Mashhad – tracks. government will invest 220 million expanding a partnership aimed at The funding comes after the Iran after Tehran and the Group 5+1 an action plan to invest €3 billion in Majedi further emphasized that pounds ($285 million) in funding turning British innovations in life UK’s June decision to leave (Russia, China, the U.S., Britain, different industries of the Islamic Germany’s Volkswagen plans to to support the country’s technology sciences into commercial ventures. the European Union has raised France and Germany) on July 14, Republic. transfer the technology to Iran to industry. The government “is determined concerns about whether London 2015 reached a conclusion over the Ali Majedi, Iran’s ambassador produce two of its models – what The package includes 120 to encourage the existing will retain its prominence as the text of a comprehensive 159-page to Germany, said the investments he said will be part of the same million pounds to encourage environment for these cutting- region’s tech capital. Brexit has deal on Tehran’s nuclear program and will be made through a consortium fast track plans devised by the two universities to collaborate in edge technologies by unlocking prompted rival cities to try and started implementing it on January 16. comprising six German banks. countries. technology transfer and convert and supporting further research lure investors, and a July poll by The comprehensive nuclear deal, Majedi emphasized that the Gabriel is expected to arrive in research into viable businesses, and development in the UK,” TechCity, which promotes London known as Joint Comprehensive Plan related agreements for this will be Tehran on Sunday evening heading according to a statement by Chancellor of the Exchequer as a hub for technology, showed of Action (JCPOA), terminated all signed during the visit to Tehran by a major business delegation. the ruling Conservative Party Philip Hammond said in the that 74 percent of those surveyed nuclear-related sanctions imposed on the German Vice Chancellor and He has already announced before its annual conference in statement. “This extra funding believed the business environment Iran. Economy Minister Sigmar Gabriel. that a German-Iranian business Birmingham. The remaining 100 will help further boost the UK’s may worsen following the vote. He added that Iran and Germany commission will meet for the first have over the past months devised time in 15 years during his stay fast track economic cooperation in the country, emphasizing that U.S. Accused of Waging ‘Economic War’ Over Deutsche plans and that those plans include concrete business deals will also be the development of power plants announced. BERLIN (Financial Times) - to engulf Deutsche, stressing its capital levels. Shares in the bank DoJ’s move against Deutsche “has and generation of electricity. The German minister was one German politicians have accused the importance to the German economy fell below €10 to their lowest level the characteristics of an economic A recent agreement that Germany’s of the first high-ranking foreign U.S. of waging economic war against and expressing confidence in the since 1983 before bouncing back war”. Siemens signed with Iran’s MAPNA officials to visit Iran immediately Germany as concern continues to leadership of John Cryan, the bank’s on Friday after some media reports He said the U.S. had a “long Group to transfer the technology of after a series of economic sanctions rise among the country’s political chief executive. suggested Deutsche was close to a tradition” of using every available gas-powered turbines is an example against the country were lifted in and corporate elite over the future of Deutsche has been under intense much smaller $5.4bn deal with the opportunity to wage what amounted of such plans, the Iranian envoy January. Deutsche Bank, its biggest lender. pressure since the U.S. Department U.S. authorities. to trade war “if it benefits their own said. He canceled a scheduled trip to Some of Germany’s top industrial of Justice requested it pay $14bn Peter Ramsauer, chairman of the economy”, and the “extortionate Others, he added, concern Iran to attend a meeting of Iran- chiefs have also rallied to the to settle claims of mis-selling German parliament’s economics damages claims” being made in producing electric and diesel Germany Economic Commission bank’s side following the market mortgage securities last month, committee, told the German the case of Deutsche Bank were an locomotives as well as train cars for the first time in 15 years early storm that last week threatened sparking fears about the bank’s newspaper Welt am Sonntag that the example of that. and providing the signaling systems May, citing poor health.