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LONDON, ENGLAND - APRIL 17:  Former Cabinet Minister Lord Norman Lamont leaves the Ceremonial funeral of former British Prime Minister Baroness Thatcher at St Paul's Cathedral on April 17, 2013 in London, England. Dignitaries from around the world today join Queen Elizabeth II and Prince Philip, Duke of Edinburgh as the United Kingdom pays tribute to former Prime Minister Baroness Thatcher during a Ceremonial funeral with military honours at St Paul's Cathedral. Lady Thatcher, who died last week, was the first British female Prime Minister and served from 1979 to 1990.  (Photo by Jeff J Mitchell/Getty Images)

British market-driven economy eager to trade with Iran: Envoy
March 12, 2016

Lord Norman Lamont, UK’s trade envoy to Iran, expressed his optimistic view on resurrecting trade relations with Iran and said that the British market-driven economy is eager to do trade with Tehran.Speaking to IRNA on the sidelines of a meeting between Iran’s Head of the…

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Investing in Iran? Frontier Market Opens Up
March 8, 2016

Investing in these funds is broadly prohibited for U.S. investors, and there is no indication that will change soon. But for Europeans, it can be done—within limits—following the lifting on Jan. 16 of the nuclear-related…

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Iran Eyes Investment in Zimbabwe Ostrich Breeding
March 3, 2016

Zimbabwe’s Small to Medium Enterprises and Cooperative Development Minister Sithembiso Nyoni said on Tuesday that Iran has expressed interest in partnering in a project to breed up to 2,000 ostriches in the African country.“Recently, I…

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Australia softens sanctions against Iran
March 2, 2016

Australia has eased its sanctions against Iran, joining the world’s major economies to normalize trade ties with the Islamic Republic.Australia removed nuclear-related sanctions against the Islamic Republic on Wednesday after the UN nuclear agency confirmed…

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Iran Inks 3 MoUs with Foreign Carmakers
February 29, 2016

Iran signed three memorandums of understanding (MoUs) with three automakers from Sweden, Turkey and India for cooperation and as parts of efforts to boost the country’s car-manufacturing industry.The agreements were inked on Monday on the…

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Iran says no place for China carmakers if local content not raised
February 29, 2016

Iran on Sunday raised the possibility to force the Chinese car manufacturers out of its auto market in the next Iranian calendar year (to begin 21 March 2016). Mohsen Salehi-Niya, a deputy industry minister, has…

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Iran’s first container ship heads to Europe
February 28, 2016

An Iranian container ship is heading to Europe for the first time in five years, marking Tehran’s return to international markets after the lifting of sanctions, an official says.Chairman of the Islamic Republic of Iran…

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Iran, Switzerland sign MoU on shipping, sea transport cooperation
February 28, 2016

The Islamic Republic of Iran and Switzerland signed on Sunday a memorandum of understanding (MoU) on expansion of shipping and sea transport cooperation.The MoU was singed between the representatives of shipping companies from Iran and…

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Iran-China trade down 41% in Jan.
February 27, 2016

The volume of trade exchange between Iran and China has dropped by 41% amid plunging oil prices.Sino-Iran trade dropped to USD 2.07 billion in January 2016, showing a 41% year-on-year decrease, the Tasnim News Agency…

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Vilified Siemens is Iran’s new darling
February 25, 2016

Iran’s Minister of Petroleum Bijan Zangeneh hopes to open a “new chapter” in cooperation with Siemens as Europe’s biggest engineering conglomerate refreshes its indelible mark in the Iranian industry.Once suspected of helping the US and…

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