Tag Archives | Australia

MRC expands Iran Operations

Australian-based Mineral Commodities Ltd (ASX:MRC) through its wholly owned Iranian subsidiary Madan Rahjo Kanyab Company has announced that it has entered into agreements to acquire existing operations and to joint venture with in-country partners to explore and develop copper, gold, cobalt, nickel, zinc and potash-lithium projects in Iran. The Company has been actively establishing its […]

Starpharma signs License for Condoms in Iran

Australia’s Starpharma Holdings has announced the signing of a License and Supply Agreement with Koushan Pharmed for the sales and marketing rights to the VivaGel® condom in Iran. According to a statement from the company, Iran represents a commercially attractive retail market for condoms with over 60% of the 75 million population under 30 years of […]

Australian Natural Health Firm in Iranian Deal

By John Lee. Australian natural health company Blackmores has sec­ured a deal to gain access to the Iran­ian market. According to a report from The Australian, the company will partner with local firm Tasnim Pharma, which will sell 10 Blackmores products over the coming year before ramping up to 25 products, with the Iranian company […]

Australian Trade Delegation Visits Tehran

By John Lee. Australian Trade Minister Steven Ciobo is leading a high-profile delegation to Tehran, aimed at re-establishing commercial ties in several sectors. According to a report from The Australian, the delegation includes Qantas, Cochlear, GrainCorp, LiveCorp, WorleyParsons and the universities of Melbourne and Sydney. Mr Ciobo met his Iranian counterpart, Mohammad Reza Nematzadeh, and […]

Australia to Reopen Trade Office in Tehran

Australia’s government announced Monday it will reopen its trade office in Iran later this month. According to a report carried by Australia’s ABC News on Monday, Canberra will re-launch its office in the Iranian capital ahead of a visit by the country’s Minister for Trade and Investment Steven Ciobo to Tehran this week. A business […]

ANZ Refuses Trade with Iran Fearing US Backlash

Australia and New Zealand Banking Group Limited (ANZ) refuses Australian customers’ transactions with Iran, fearing US Treasury’s reaction, a report said. “While there has been a lifting of some sanctions to Iran by Australian authorities, as an international bank we continue to comply with the US Department of the Treasury’s Office of Foreign Assets Control […]

Australia to Reopen Trade Office in Tehran

The Australian government said on Sunday it plans to allocate $5.3 million to re-launch its trade office in Tehran following a lasting nuclear deal between Tehran and world powers. According to a report carried by Dynamic Export website, Canberra will provide $5.3 million over the next four years for the reopening of its trade office […]

Iranian Merchants Still Facing Barriers to SWIFT

A member of Iran’s Chamber of Commerce complained about the lack of practical influence of the country’s reconnection to SWIFT, saying his company has still difficulty in using the financial telecommunication service for trade with the foreigners. Speaking to the Tasnim News Agency, Majid Movafeq Qadiri (pictured) said his company could not still open letters […]

Iran looks Down Under for New Opportunities

By Saeid Jafari, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. Upon taking office in August 2013, Iranian President Hassan Rouhani initiated a new foreign policy in sharp contrast to that of his conservative predecessor, Mahmoud Ahmadinejad. Rouhani’s policy of detente and constructive engagement was quickly […]

Zarif Confers on Banking in Australia

By John Lee. Iranian Foreign Minister Mohammad Javad Zarif and Australian Trade Minister Steven Ciobo discussed solutions to resolve the banking problems between the two countries. Australia recently lifted its sanctions on Iran. The ministers also consulted on developing ties in fields such as water resource management, modern agricultural technologies, and air travel. (Source: Ministry […]

Australia Plans to Re-Open Trade Office in Iran

Australia’s minister for trade and investment has said the country plans to re-open a trade office in Iran. Steven Ciobo (pictured) said in a statement on Tuesday that the recent removal of sanctions against Tehran has created commercial opportunities between the two nations and that Canberra is willing to re-open its trade office in the […]

Video: Iran Deportees Deal a Goal for Australia

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iran Business News. Iran’s foreign minister will meet with his Australian counterpart in Canberra on Tuesday. It’s part of a tour aimed at nurturing relationships and building trade links with Asian countries. But Australia is also […]

Iran, Brunei Eye Enhanced Economic Ties

Iranian Foreign Minister Mohammad Javad Zarif in meetings with a number of Bruneian ministers discussed ways to expand bilateral relations in a range of fields. During his stay in Brunei as part of a tour of Southeast Asia and Oceania, the top Iranian diplomat held meetings with a number of Brunei’s ministers, including Minister of […]

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: […]