After years of negotiations, there has been a recent breakthrough between Iran, the United States and other world powers about Iran’s nuclear program. By Templeton Emerging Markets Group While the deal certainly was controversial, and is still under debate in the United States, strictly from an investment standpoint, we think it represents an exciting development not … Continue reading
Iran and Indonesia have agreed to build 48 small-scale hydroelectric power plants as the two nations look to improve ties that have been hindered by sanctions over Tehran’s nuclear program. The hydroelectric power plants will be constructed in Indonesia by Iranian companies over the next five years, Iran’s Energy Minister Hamid Chitchian said following a conference with Indonesia’s Economy … Continue reading
Iran has been negotiating to build oil refineries in India and Brazil, and once agreements are reached, Iran will provide the crude oil for these new refineries, Iran’s Deputy Oil Minister said, Mehr News Agency reported on Sunday. The Iranian Deputy Oil Minister announced on Sunday that Iran and Brazil have signed a preliminary agreement to build a new refinery in … Continue reading
Tehran is seriously thinking of transitioning to national currencies in trade with Russia, the former Iranian Foreign Minister and now the Director of the Strategic Council on Foreign Relations Kamal Kharrasi said on Friday, TASS news agency reports. “Iran will welcome the conclusion of such an agreement in trade exchanges with Russia,” Kharrazi said. “This is a very … Continue reading
Iran – one of the world’s last untapped markets – is set to see its first exchange-traded fund (ETF) launch, ahead of the possible lifting of international sanctions that were imposed on the nation, Reuters reported earlier this week. Turquoise Partners, a Tehran-based investment firm, said that it is planning to launch Iran’s first ETF … Continue reading
By Franz-Stefan Gady Should NATO-Russia relations deteriorate further, Moscow will make an even stronger effort to improve ties with Tehran. On January 20, Russian Defense Minister Sergei Shoigu and his Iranian counterpart, Defense Minister Hossein Dehghan, signed an intergovernmental agreement on “long term and multifaceted” military cooperation in Tehran, Iran. It is the first time … Continue reading