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Iran-EU trade up 165% in first quarter of 2017

- The European Union's trade with Iran amounted to 5.3 billion Euros in the first quarter of 2017, a 165 percent rise from 2 billion Euros in the first quarter of 2016, based on the latest figures released by the European Union's statistics agency Eurostat. - 5/23/17

US Extends Obama-era Nuclear Sanctions Relief for Iran, Adds Other Sanctions

- The Trump administration has announced that it will continue nuclear sanctions relief for Iran, keeping in place an Obama-era deal. Under the 2015 deal, sanctions punishing Iran for its nuclear program were waived in exchange for Iran's commitment to roll back the program. But continuing the sanctions relief requires the renewal of a six-month waiver. The most recent waiver, issued by former Secretary of State John Kerry in December, was set to expire this week. - 5/18/17

French automakers rushing into Iran's market in the absence of rivals

- French carmakers are rushing into Iranian market in the absence of rivals. PSA and Renault are turning the U.S. absence in the Iranian market into an advantage by piling into a resurgent market still off-limits to foreign rivals fearful of sanctions under Donald Trump's administration, Reuters reported on Tuesday. - 5/18/17

Iran receives 4 new ATR planes

- Iran has received the first batch of medium-range planes that it has purchased from Franco-Italian aviation player ATR. Four ATR 72-600 turboprop planes landed in Tehran's Mehrabad International Airport on a direct flight from the French city of Toulouse. - 5/17/17

Iran starts construction of ion therapy center

- KARAJ - Iran began building its National Ion Therapy Center with Austrian help on Monday, in a 200 million Euros project which follow the country's landmark nuclear deal with six world powers in July 2015. - 5/16/17

Iran to tap southern coasts maritime tourism potential

- Iran aims to take advantage of southern coasts to make the best use of its maritime tourism potential by means of developing hospitality infrastructures, diversifying sea routes, and drawing private sector investors. "Constructing maritime hotels and building recreational vessels by the private sector in the country's free zones is currently on the agenda," Mana news agency quoted an official with the Cultural Heritage, Tourism, and Handicrafts Organization as saying on May 10. - 5/16/17

Financial tech gaining steam in Iran

- The Iranian capital played host to the four-day FINEX 2017 exhibition April 15-18. The annual event gathered more than 250 Iranian entities involved in banking and finance. While organizers dubbed it an international expo, only three foreign firms took part. -Alireza Ramezani, Al Monitor - 5/12/17

Iran's non-oil growth to boost in 2017: IMF

- According to the latest report published by the International Monetary Fund (IMF), Regional Economic Outlook, Iran is expected to see non-oil growth accelerate from 0.75 percent in 2016 to almost 3.5 percent in 2017. - 5/11/17

Europeans see huge potential in Iran's energy market

- European exhibitors participating in the 22nd International Oil, Gas, Refining and Petrochemical Exhibition of Iran (Iran Oil Show 2017) believe that there is huge potential for business in Iran's oil, gas and petrochemical sectors. The exhibition, which was held at the Tehran Permanent International Fairgrounds from May 6 to 9, hosted some 2500 domestic companies and 1500 foreign participants from 37 countries including Germany, France, Spain, Britain, Italy, Austria, the Netherlands, China, South Korea, Australia, the U.S. and Canada. - 5/11/17

Pall Corporation first US tech firm to invest in Iran in years

- An Iranian company says a top American technology leader plans to invest in an Iranian oil equipment production project - what could be the first direct investment by a US oil company in Iran after the 1979 Islamic Revolution. Speaking at a press conference at Iran's Oil Show, Neda Mousavizadegan, the managing director of Iran's Panid Engineering, named the US company as Pall Corporation. - 5/10/17

MTN To Invest 1.1 Billion Dollars In Iran Fiber Optic Project

- Iran says South Africa's MTN will invest as much as $1.1 billion in an ambitious fiber optic internet connectivity project which will be launched in eight major cities across the country. - 5/10/17

Rouhani's rivals are making pledges Iran cannot afford

- While incumbent Hassan Rouhani's main challengers in the Iranian presidential race are making grand pledges of bigger cash handouts and more jobs, there is little to suggest that the promises can be realized. -Bijan Khajehpour, Al Monito - 5/10/17

Iran reports rise in number of tourists

- Iran says the number of tourists that visited the country last year increased by above 30 percent from a year earlier - what could be an indication that one of the world's top travel destinations is already finding its lost flavor after the removal of sanctions. - 5/9/17

Iran starts exports from South Pars oil layer

- Iran exported the first cargo of crude oil to the tune of 700,000 barrels from the South Pars oil layer last week. Hamid Bovard, the managing director of Iranian Offshore Oil Company (IOOC), made the remarks in a press conference on the sidelines of Iran Oil Show 2017 in Tehran. - 5/9/17

Iran's Rouhani Promises to Withdraw Anti-Labor Amendments While Police Quash Peaceful Protests

- During a ceremony marking International Labor Day on May 1, 2017, President Hassan Rouhani, who will be running for re-election on May 19, pledged to withdraw an amendment opposed by trade unionists. Meanwhile, the police blocked a separate ceremony organized by independent labor organizations in Tehran, arresting one activist. - 5/8/17

Hopes Fade As Iran Mine Explosion Death Toll Climbs To 35

- Rescuers searched a damaged Iranian coal mine for a second day on May 4 as hopes of finding survivors faded following a blast, with the labor minister saying the death toll had risen to 35. The explosion tore through the Zemestanyurt mine in Golestan Province on May 3, reportedly trapping up to 80 miners underground at a depth of about 1,800 meters. - 5/4/17

China, Iran's biggest exporter after sanctions lifted

- Official figures show Iran's imports from China saw a major rise over the past four years in what is seen as a result of the removal of sanctions against the country and the subsequent return of global shipping lines to its ports. Figures reported by Iran's state news agency IRNA show that imports from China since 2013 - when President Hassan Rouhani was elected to office - had already reached $43.7 billion. - 5/4/17

Iran Khodro beging mass production of Peugeot 2008

- French auto giant Peugeot has started the mass production of its latest flagship crossover in Iran - a landmark move that could cement its presence in the Middle East's biggest vehicle market. The production of Peugeot 2008 subcompact SUVs officially started in the central site of Iran Khodro Industrial Group (IKCO) in capital Tehran in a ceremony attended by the country's President Hassan Rouhani. - 5/2/17

Iranian bank to open branch in Germany's state of Bavaria

- German officials say the Middle East Bank of Iran has received a license to open a branch in the country's state of Bavaria which hosts a wide range of big industrial names. The announcement was made by Markus Wittmann, a top official with an economic delegation from Bavaria that was in Tehran over the weekend for talks on ways to promote mutual trade. - 5/2/17

37 countries to participate in Iran Oil Show 2017 held May 6-9 in Tehran

- According to Shana news agency, in this year's exhibition 1016 domestic companies and 811 foreign exhibitors from different countries including China, Germany, Italy, The Netherlands, France, Britain, U.S. and Canada are going to showcase their latest products and achievements in oil, gas, refining and petrochemical sectors. - 5/2/17

Iran exports to Europe up by 300% after JCPOA: EU

- Iran's exports to the European Union have increased by over 300 percent after the implementation of the historic 2015 nuclear agreement between Iran and the P5+1 group of countries, European Climate Action and Energy Commissioner Miguel Arias Canete says. - 5/1/17

Meet the Iranian tycoon smashing gender stereotypes

- Businesswoman, city councillor and social activist Fatemeh Daneshvar tells Al Jazeera that she fears 'nothing but God'. -Al Jazeera - 4/29/17

Iran's Industry Spotlight: Technology Sector

- There are many factors that have led to a thriving tech industry in Iran, including abundant resources, lifted sanctions, and a youthful, highly educated population. Perhaps somewhat surprisingly, the industry has also benefited in large part due to active support from the Iranian government. -Sarah Bryn Witmer - 4/28/17

The Effects of the JCPOA on the Iranian Economy

- Over one year has passed since the formal implementation of the Joint Comprehensive Plan of Action (JCPOA), signed by the US and P5+1 members, which lifted certain "nuclear-related secondary sanctions," on various Iranian business sectors. All parties to the JCPOA agreed to implementing it "in good faith and in a constructive atmosphere" and to "refrain from any policy specifically intended to ... affect the normalization of trade and economic relations with Iran." -AIC - 4/28/17

Foreign tourist spent $32B in Iran in last four years

- Foreign tourists have spent some $32 billion in Iran over the past four years, said an official with the Cultural Heritage, Tourism, and Handicrafts Organization. A total of 19.9 million travelers visited the country during the mentioned period (March 2013 - March 2017), IRIB quoted CHTHO Deputy Director Morteza Rahmani-Movahhed as saying on April 23. - 4/27/17

Iran says early delivery of Boeing plane cancelled

- Iran says a plan for the early delivery of a plane from US aviation giant Boeing has been cancelled and the plane will not be delivered before next spring. Farhad Parvaresh, the head of the country's national flag carrier airline Iran Air, told the domestic media that Boeing had proposed to hand over a 777-300ER by summer after Turkish Airlines withdrew its order for it. - 4/27/17

Supreme Leader Khamenei Says Iran Should Not Look To West For Economic Growth

- Iran's supreme leader has called on presidential candidates to focus on making the economy grow without help from the West, distancing himself from President Hassan Rohani's policy of promoting growth through foreign trade and investment. - 4/26/17

Germany's Volkswagen picks local partner in bid to cement foothold in Iran

- Volkswagen in a statement named the Iranian company as Khodro Sazi Sina (KSS) which it said had been chosen after "thorough and intense studies". The company emphasized that the KSS' closest rival - Mammut Group - was only a few points behind. - 4/25/17

Iran's Kharg Terminal dispatches 780 million crude barrels in one year

- Head of Iran Oil Terminals Company's (IOTC) Export Department Gholamhossein Gerami said over 230 million barrels of light crude oil, 480 million barrels of heavy crude and about 70 million barrels of blazing oil were exported from the Iranian terminal in the previous year. - 4/25/17

Trump Adviser Seeks Political Deal To Settle Iran Sanctions Case

- A close ally of U.S. President Donald Trump is lobbying U.S. prosecutors to go easy on a man charged with helping Iran evade U.S. sanctions because he could be a potential bargaining chip in a political deal with Turkey. Rudy Giuliani, the former New York City mayor and Trump adviser, was hired recently to represent Reza Zarrab, a wealthy Turkish-Iranian businessman accused of arranging hundreds of millions of dollars' worth of financial transactions for Iran's government and businesses in violation of U.S. sanctions from 2010 to 2015. - 4/21/17

Samsung & Amirkabir University Launch Their Tech Center in Tehran

- Samsung, the Korean electronic giant has joined Amir Kabir University of Technology and launched Samsung-AUT Tech center in Tehran. Samsung Electronics the world's second largest information Technology Company by revenue, after Apple, invests at least 9% of its sales revenue in R&D activities according to their website. -Techrasa - 4/21/17

Iran-EU trade up 171% in January

- The European Union's trade with Iran amounted to 1.55 billion Euros in January 2017, a 171 percent rise compared to the first month of 2016, based on the latest figures released by the European Union's statistics agency Eurostat. The figure was 572 million Euros in January 2016, Tasnim news agency reported. - 4/20/17

Trump Orders Review of Iran Nuclear Deal

- Secretary of State Rex Tillerson revealed the review in a letter Tuesday to House Speaker Paul Ryan. Tillerson said that as of Tuesday, Iran is complying with its responsibilities under the Joint Comprehensive Plan of Action, which it agreed to in 2015 after negotiations with the U.S., Britain, France, China, Russia and Germany. - 4/19/17

Russia says trade with Iran to grow further in 2017

- Russia says it expects trade relations with Iran to grow further this year after increasing almost twofold in 2016. Alexander Maksimov, the honorary representative of the Russian Chamber of Commerce and Industry in Iran, was quoted by the media as saying that trade with the Islamic Republic had increased by a whopping 70 percent after the removal of sanctions against the country early last year. - 4/18/17

UK cautiously eyes $600bn opportunity in Iran investment drive

- UK firms are cautiously eying opportunities in Iran ahead of an expected $600bn boom in trade and infrastructure investment over the next ten years. The Islamic Republic is embarking on an ambitious investment drive as it emerges from decades of isolation imposed by international sanctions. -Jillian Ambrose, UK's Telegraph - 4/18/17

Iran moves into flourishing ecotourism market

- The ecotourism market in Iran has witnessed a growth over the past couple of years, drawing more domestic and foreign backpackers to the pristine and relatively undisturbed natural areas of the country. Some 530 ecotourism projects have been implemented since the current administration took office in 2013, Cultural Heritage, Tourism and Handicrafts Organization Director Zahra Ahmadipour said on April 11. - 4/17/17

Foreign Minister Zarif in Central Asia as Iran seeks to fire up economy

- Foreign Minister Mohammad Javad Zarif has started touring Central Asia and the Caucasus to boost Iran's ties with three major countries in the region, especially in the field of economy. The three-day tour spans Turkmenistan, Georgia, and Kyrgyzstan. A 20-member delegation of businessmen and company representatives is accompanying Zarif who cited transit cooperation among the objectives of the visit. - 4/17/17

Iran's President Rouhani inaugurates mega gas projects in Persian Gulf

- Iran has officially inaugurated several mega projects in its natural gas hub of South Pars - projects that can put the country in the lead over production from a giant field that it shares with Qatar. The projects included South Pars Phases 17 and 18, Phase 19, as well as Phases 21 and 22. They were inaugurated by Iran's President Hassan Rouhani. - 4/16/17

Sanctions impaired Iran's economic transparency: Iranian FM Zarif

- Sanctions imposed on Iran over its nuclear program dealt a major blow to the country's economic transparency, an issue much neglected in assessing the outcomes of the 2015 international nuclear deal, Foreign Minister Mohammad Javad Zarif said on Saturday. - 4/16/17

Moghadam Award: Long-Term, Sustainable Economic Development in Iran

- The Stanford Iran 2040 Project announces the first annual Moghadam Award in Iranian Economics to recognize the best original paper on Long-Term, Sustainable Economic Development in Iran. The awardee will be asked to present the paper at the next Stanford Iran Economic Forum to be held in Summer 2017. All travel expenses will be covered and the awardee will also receive a $10,000 prize. - 4/12/17

EU extends sanctions on Iran over human rights claims

- The European Union has extended by another year sanctions against Iran over alleged claims of "human rights violations" despite the fledgling rapprochement between Tehran and the bloc since the 2015 landmark nuclear agreement. - 4/12/17

Iran named as Afghanistan's biggest trade partner

- Afghanistan Chamber of Commerce and Industry Spokesman said Iran has turned into the biggest trading partner of Afghanistan. "With 1.8 billion dollars of trade exchange level between the two countries, Iran is now Afghanistan's biggest trade partner," Seyamuddin Pesarlai told IRNA correspondent in Kabul, on Monday. - 4/12/17

Iran's President Rohani Coy As He Kicks Off Election Season, Concedes He's 'Not Fully Satisfied'

- President Hassan Rohani has defended his policies on the eve of the registration period for candidates in Iran's presidential election in May, saying his administration has helped boost prosperity and chip away at obstacles to openness in Iranian society. But the 68-year-old cleric and ally of reformers stopped short of announcing a reelection bid at his televised April 10 press conference, although aides have said in recent months that he will seek another four-year-term. "We have a prosperous Iran and we will definitely have a better Iran in the next years," Rohani said. - 4/11/17

Boeing, Iran, and American Jobs

- The IranAir and Iran Aseman deals are among Boeing's largest open orders and come at a time of softening demand for commercial aircraft among the world's airlines. Boeing's engagement with Iran pits the Trump administration's skepticism of the value of the Iran nuclear deal directly against an avowed commitment to support American jobs, particularly in the manufacturing sector. -Esfandyar Batmanghelidj, LobeLog - 4/11/17

Why empty suit shops and barber's chairs could spell trouble for Iran's President Hassan Rouhani

- Usually in the weeks before Nowruz, the Iranian New Year, downtown Tehran is jammed with traffic as shoppers pick up gifts in the brightly lighted shops surrounding the British and German embassies. But this year, the streets were noticeably quieter, the popular clothing and home appliance stores reporting much less business around the holiday in March. -Los Angeles Times - 4/11/17

Boeing Reportedly Moves Closer To Delivering First Passenger Jets To Iran Air

- Iran's official IRNA news agency says U.S. plane-maker Boeing will deliver two 777 passenger jets to Iran within the next month, one of the first major U.S. business deliveries with Iran after years of Western sanctions. - 4/10/17

Iran Air signs contract to buy 20 ATR planes

- Iran's national flag-carrier airline Iran Air has signed a contract to buy 20 turboprops from the French-Italian aircraft manufacturer ATR, an official says. "The contract between IranAir and ATR to buy 20 ATR 72-600 aircrafts has been signed by the officials of both countries," Deputy Transport Minister Asghar Fakhriyeh Kashan said on Monday. - 4/10/17

BP says got US license to operate Rhum gas field jointly owned with Iran

- UK's energy giant BP says it has received an authorization from the United States to go ahead with operating a gas field that it jointly owns in the North Sea with the National Iranian Oil Company (NIOC). BP announced in a statement that it had obtained the authorization for the operation of Rhum gas field from the Office of Foreign Asset Control (OFAC) of the US Treasury Department last September. - 4/7/17

Iran has sold all oil stored at sea: Report

- Oil market sources say Iran has sold all the oil it had stored at sea for years - a sign of the country's positive performance in marketing its vital crude oil supplies. Reuters in a report quoted tanker tracking and oil sources as saying that Iran had sold its last stocks from the floating storage in the past two weeks. Much of the oil stored was condensate, a very light grade of crude, it added. - 4/6/17

Iran's Aseman Airlines seals new $3B deal with Boeing for purchase of 60 planes

- Iran has signed a new agreement with US aviation giant Boeing for buying dozens of the company's twinjet narrow-body passenger planes. The agreement involves the purchase of 30 Boeing 737 MAX planes as well as the purchase rights for an additional 30 planes of the same class. It was signed between Iran's Aseman Airlines and Boeing in Tehran, the country's IRNA news agency reported. - 4/4/17

Iran deal devised based on mistrust of U.S.: Foreign Minister Zarif

- Iranian Foreign Minister Mohammad Javad Zarif says a multilateral deal reached between Iran and the P5+1 countries in 2015 was devised based on the Islamic Republic's mistrust of the United States. Iranian foreign minister said, "the two sides proceeded based on mutual mistrust and devised numerous [contingency] mechanisms." - 4/4/17

Investors from 37 countries active in Iran's capital market

- Investors from the United States, Britain, Spain, Russia, Germany, Switzerland, Sweden, Poland, Uzbekistan, Azerbaijan, China, the Netherlands, India, Turkey, Lebanon, South Africa, Japan, Cyprus, Italy, the United Arab Emirates, Norway, Greece, Indonesia, Maldives, Hong Kong, Qatar, Iraq, Pakistan, Syria, Luxemburg, Kuwait, New Zealand, Malaysia, South Korea, Georgia, Armenia, and Afghanistan have initiated their activities in Iran's capital market. - 4/4/17

Iran's Annual Foreign Trade Reach $87.68B

- Iran's foreign trade volume reached 87.614 billion dollars in the previous Iranian calendar year (ended March 21) with the share of exports standing at 43.930 billion dollars. Iranians imported 43.684 billion dollars of goods in the meantime for the country to enjoy a slight trade surplus. - 4/3/17

Iran biobank holds biospecimens from 6 countries

- Director of the Iranian Biological Research Center (IBRC), Abolhassan Shahzadeh Fazli, told MNA that currently 33,000 biospecimen in 27 collections are being held at the center, adding each year the number of the biological laboratory specimens is increased by ten per cent. - 4/3/17

Total developing own Iran banking channels

- French energy giant Total says it is trying to develop its own mechanism to carry out Iran-related banking transactions without falling afoul of US primary sanctions that still restrict doing financial activities with the Islamic Republic. - 4/1/17

Russia, Iran in deal over 12 Sukhoi Superjets: Report

- Russia says there is a "concrete" agreement with Iran for purchasing 12 Sukhoi Superjet 100 passenger planes. Russia's Energy Minister Alexander Novak told Sputnik news agency that the two countries had been negotiating over purchasing 100 Sukhoi Superjets for the past 18 months. However, Novak added, they were only able to reach a deal regarding 12 aircraft at the moment. - 4/1/17

Iran: Oil exports near record 3 million bpd

- Iran's total exports of crude oil and gas condensate by Iran neared a record 3 million barrels per day (bpd) in the Persian month of Esfand which ended on March 20, Minister of Petroleum Bijan Zangeneh says. - 4/1/17

US Arrests Turkish Banker in Iran Sanctions Case

- Turkish banker Mehmet Hakan Atilla, a prominent ally of Turkish President Recep Tayyip Erdogan, came to New York this week to school investors on his state bank's plans to sell new dollar bonds. Instead, he was placed under arrest by U.S. authorities and accused of conspiring to violate U.S. sanctions on Iran by teaming with wealthy Turkish gold trader Reza Zarrab to funnel hundreds of millions of dollars of illegal transactions through U.S. banks to Iran's government. -Kasim Cindemir, VOA - 3/30/17

Iran's annual inflation rate stands at 9 percent

- Central Bank of Iran has announced that Iran's inflation rate in the previous year (ended March 21) as compared to the earlier year stood at nine per cent. The announced figure indicates that Iran's inflation rate has been reduced to less than ten per cent for the second time in the past 26 years. - 3/29/17

Iran eyes tourism as a fertile source of revenue

- Iran regards tourism a fertile source of generating wealth, seeking to make the best use of positive atmosphere created in the wake of the 2015 landmark nuclear deal, known as the JCPOA. Based on official figures compiled by the Cultural Heritage, Tourism and Handicrafts Organization, foreign tourist arrivals in Iran has been more than double that of the global average since the implementation of the deal. -Afshin Majlesi - 3/27/17

Iran announces sanctions on 15 US companies

- Iran has announced retaliatory sanctions on 15 American companies over their support for Israeli crimes and terrorism two days after Washington imposed bans on nearly a dozen foreign companies or individuals for aiding the Islamic Republic. - 3/27/17

Swedish firm finds novel way for Iran business

- A company in Sweden has come up with an innovative solution which both bypasses US sanctions and does away with the need for banks to process transactions with Iran. Brave New World Investments AB is reportedly accepting deposits in bitcoin which it converts to Iranian rial and invests in equities on the Tehran Stock Exchange (TSE). - 3/25/17

Iran, Russia eyeing joint gas projects

- Iran says it is negotiating with Russia to carry out joint natural gas development projects. Hamid-Reza Araqi, the managing director of the National Iranian Gas Company (NIGC), was quoted by media as saying that negotiations to the same effect had been held between the National Iranian Oil Company (NIOC) and Russia's Gazprom. - 3/25/17

New Senate Sanctions Risks Killing JCPOA, Putting US on War Path

- NIAC Action issued the following statement regarding the introduction of new Iran sanctions legislation in the Senate: "The 'Countering Iran's Destabilizing Activities Act of 2017' would risk killing the JCPOA and undoing the restrictions in place on Iran's nuclear program and could very well provoke a military confrontation between the U.S. and Iran... - 3/24/17

U.S. Senators From Both Parties Sponsor Bill Tightening Iran Sanctions

- U.S. senators from both major political parties introduced legislation on March 23 to tighten sanctions on Iran over its ballistic missile launches and other non-nuclear military activities. - 3/24/17

Luxembourg Court Rejects Iranian Demand To Return $1.2 Billion Frozen In U.S. Victim Case

- A Luxembourg court has rejected Tehran's demand to return $1.6 billion of Iranian assets claimed by the United States as compensation for the victims of the September 11, 2001, attacks. The judge ruled that the assets could remain frozen in Luxembourg for now, awaiting a separate judgment on the merits of the case. - 3/23/17

Bank of England reluctant to help facilitate Iran-UK trade

- While the British government has reaffirmed its commitment to help Iran's reintegration into the global financial system, reports say the country's central bank is still reluctant to facilitate trade between the two countries. - 3/22/17

Congress races to craft Iran sanctions bills ahead of AIPAC conference

- Key lawmakers in the House and Senate are racing to craft bipartisan Iran sanctions legislation before the nation's largest pro-Israel lobby holds its policy conference starting this weekend, March 26. -Julian Pecquet, Al-Monitor - 3/22/17

Iran: Supreme Leader Criticizes President Rohani On Economy Ahead Of Election

- Iranian Supreme Leader Ayatollah Ali Khamenei has said that the government's economic policies have fallen short and that Iran needs a new "resistance economy" to create jobs. Khamenei's March 20 remarks have piled pressure on Rohani ahead of an election in May. - 3/21/17

Iran Exports 80 Million Dollars Worth Of Carpets To U.S. In 11 Months

- Iran says it has exported $80 million worth of carpets to the United States over a period of 11 months starting March 21, 2016. Hamid Karegar, the president of Iran National Carpet Center, told local media that the exports had been mainly carried out directly from Iran to the US. - 3/21/17

US welcomes India's plan for Iran's Chabahar port

- The United States has welcomed India's plan to expand Iran's Chabahar port as a project that a top military official says will help the long-term stability of Afghanistan. US Army General John Nicholson, who commands US combat operations in Afghanistan, told the US Senate in a hearing that he welcomed the Chabahar project because it would offer Afghanistan a viable and economic alternative to shipping all its goods via Pakistan. - 3/17/17

Teachers Hold Rallies Across Iran for Labor and Education Rights

- Teachers held rallies in several Iranian cities on March 9, 2017 demanding livable wages and improved educational resources for students. "The rallies were held in front of the Ministry of Education offices in provincial capitals in collaboration with several teachers' organizations, and they included employed and retired teachers," - 3/15/17

Iran trade with Russia grew largest in 2016: Envoy

- Iran's trade with Russia saw the highest growth in 2016, says Iranian Ambassador Mohammad Sanai as the two countries are gearing up for President Hassan Rouhani's imminent visit to Moscow. "I believe this trend will be maintained in the next two or three years and bilateral trade volume will reach $10 billion," Russia's Rossiya Segodnya quoted him as saying on Wednesday. - 3/15/17

Hyundai wins major gas processing deal in Iran

- South Korea's industrial giant Hyundai has won a contract worth 3 billion Euros to develop a key gas processing unit which is primarily planned to produce natural gas liquids (NGL) from natural gas in southern Iran. - 3/14/17

Photos: 2nd Airbus plane purchased by Iran lands in Tehran

- A second airplane purchased by Iran through a major post-sanctions deal with the European aviation giant Airbus has landed in the capital, Tehran. The Airbus A330-200 took off from the French city of Toulouse on Saturday and landed at Tehran's Mehrabad International Airport later in the day. - 3/11/17



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