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Minister puts Iran's foreign debt at over $23b

TEHRAN, March 11 - Iran's foreign debt has reached 23.3 billion dollars, the Economy Minister Davud Danesh-Ja'fari said on Sunday.

A large number of contracts were signed with foreign banks and financial institutions in the past year to finance a wide range of projects across Iran, most of which have either started or are due to begin in the next Iranian year (to start March 21). "Through signing buyback contracts, we have received some 30 billion dollars of foreign loans since 1998," the minister said, adding that experts should not worry about how the government would repay the debt 'because we have got plenty of resources in the country'.

Arab, European TV channels to broadcast Iran tourism commercials

TEHRAN - Two Arab satellite TV channels and a top European network will start to send out commercials featuring some of the numerous tourist attractions of Iran as of the beginning of the next Iranian year (March 21), deputy managing director of the Tourism Development Company said Sunday.

The Arab networks, mbc1 and mbc2, along with the European news channel Euronews have signed contracts with the company to show Iran's tourism commercials, Barzin added, saying they have also planned to sign similar contracts with the Malaysian national TV Astro and Turkey's TRT.

Iran, Turkey ink agricultural agreement

TEHRAN - The Turkish Minister of Agriculture and Rural Affairs Mehdi Eker on Sunday signed a memorandum of understanding with his Iranian counterpart Mohammadreza Eskandari, ISNA reported.

During the first Iran-Turkey joint agricultural committee meeting, the two countries have reached an agreement to cooperate in a variety of fields, including fisheries, animal husbandry, and water and drought management, in the framework of a bilateral cooperation protocol that was signed on September 30, 2002. The second meeting is scheduled to be held in Ankara in 2008.

... Payvand News - 3/12/07 ... --

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