Tag Archives | Venezuela

Iran Falls in Ease of Doing Business Index

By John Lee. Iran has been ranked 124th out of 190 countries in the World Bank‘s recent Doing Business 2018 report, down from 120th place the previous year. Despite the fall in the rankings, the report notes that over the previous year Iran improved access to credit information by reporting data on credit payments from […]

Venezuela Eager for Energy Ties with Iran

President of Venezuela Nicolas Maduro called for closer cooperation with Iran by strengthening partnership in the energy industry. Cooperation between the Iranian and Venezuelan oil and gas companies could pave the way for the enhancement of bilateral ties between Tehran and Caracas, Maduro said in a meeting with Iranian First Vice-President Eshaq Jahangiri on Friday […]

Calls for Iran-Venezuela Joint Economic Commission

Iranian President Hassan Rouhani said formation of a joint economic commission would greatly help expand Tehran-Caracas relations. “The establishment of a joint economic commission between the two countries is an important step to further strengthen mutual cooperation (between Iran and Venezuela),” Rouhani said in a meeting with his Venezuelan counterpart Nicolas Maduro in Kazakhstan’s capital […]

Meeting on Closer Banking Ties with Latin America

Iran’s Foreign Ministry officials and representatives of the state-run and private banks held a meeting in Tehran to explore avenues for expansion of banking relations with Latin American nations following the implementation of the JCPOA. The gathering was attended by Iranian Foreign Ministry’s political directors in charge of Latin American affairs, representatives from Iranian banks, […]

Cuba Eyes Importing Crude from Iran, Russia

Cuba plans to import crude oil from Iran and Russia in a bid to make up for declining oil supplies from Venezuela, a report said. The Cuban government is preparing to start talks with Iran and Russia for the supply of crude and refined oil products “to counter possible disruptions in imports from current sources”, […]

Iran’s Push to Facilitate Trade with Latin America

Iran’s Foreign Minister Mohammad Javad Zarif promised that the country’s diplomatic missions will help the Iranian state-run and private sector companies develop closer trade cooperation with the Latin American countries. Speaking at a formal dinner ceremony at the Cuban capital of Havana’s Hotel Nacional de Cuba on Sunday night, the Iranian minister said all Iranian […]

Iran Won’t Cap Oil Production

By John Lee. Iran has reportedly snubbed a proposal to cap crude oil output. According to Associated Press, Mahdi Asali, Iran’s OPEC envoy, said Iran will continue to increase its crude oil exports until it reaches pre-sanction levels. The comments came following a four-way, closed-door, meeting between Iranian Minister of Petroleum Bijan Zangeneh and his counterparts […]

3rd GECF Summit kicks off

The third Gas Exporting Countries Forum (GECF), presided over by Dr Rouhani, was opened in Tehran on Monday in the presence of presidents from nine countries. Among the heads of states attending the 3rd GECF are presidents of Russia, Iraq, Bolivia, Venezuela, Guinea Equatorial, Nigeria and Turkmenistan, as well as the Prime Minister of Algeria. […]

9 Presidents to Visit Tehran for GECF Summit

Iranian Minister of Petroleum Bijan Zangeneh (pictured) said the presidents and heads of state of 9 countries have confirmed their participation in the upcoming International Gas Exporting Countries Forum (GECF) meeting in Tehran on November 23. This is the first time that such a number of heads of state and government have confirmed their participation […]

Iran gives 30-day visas at airports

By John Lee. Iran is to start issuing 30-day visas for tourists from 58 countries upon arrival at its airports. The Persian-language newspaper Donya-ye Eqtesad says the visas can be extended by 15 more days. Foreign tourists could previously get 14-day visas at Iran’s airports and their visas could not be extended. Eligible countries are: […]