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Iran News Round By Anita Hunt
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EU respects Iranian sanctioned entities' appeal to courts [Trend News Agency, Baku,  
BusinessWeek - 11 Hours ago
Dec. 21--For first time since mid-2012, Iran scheduled to ship a petrochemical cargo to Europe in restricted amount this week. The European Union suspended the sanctions related to Iran's petrochemical     Add Comment

Iran's support for Syria tested by oil price drop 
Reuters India - 13 Hours ago
AMMAN (Reuters) - Syrian businessmen and trade officials say they are worried the economic lifeline provided by Iran is under strain from plunging oil prices, despite public messages of support from Syria's     Add Comment

BRIEF: Iranian exporters send goods to Russia via Azerbaijan [Trend News Agency,  
BusinessWeek - 15 Hours ago
Dec. 20--Some Iranian exporters export goods to Russia via Azerbaijan due to the fact that Azerbaijan is exempted from paying export taxes to Russia, Iranian Deputy Agriculture Minister Abdolmehdi Bakhshandeh     Add Comment

BRIEF: Iran plans to merger car manufacturers [Trend News Agency, Baku, Azerbaijan] 
BusinessWeek - 15 Hours ago
Dec. 20--Iran plans to reduce the number of car manufacturers by merging them, Iranian Industry Minister Mohammad Reza Nematzadeh said. Nematzadeh said the high number of car manufacturers is not beneficial     Add Comment

Iran produces 130,000 tons of cathode copper in 8 months [Trend News Agency, Baku,  
BusinessWeek - 15 Hours ago
Dec. 20--Some 130,000 metric tons of cathode copper were produced in Iran in the first 8 months of the current Iranian year (March 21-November 22). Copper concentrate production amounted to 523,598 metric     Add Comment

BRIEF: Iran's ex-nuclear negotiator appointed as deputy oil minister [Trend News  
BusinessWeek - 15 Hours ago
Dec. 20--TEHRAN, Iran. -- Iranian Oil Minister Bijan Namdar Zanganeh appointed former nuclear negotiator, Amirhossein Zamaninia, as his deputy for international affairs. The post was previously held     Add Comment

Mazut accounts for 25% of Iranian power plants' fuel consumption [Trend News Agency,  
BusinessWeek - 15 Hours ago
Dec. 20--TEHRAN, Iran. -- Iran needs to daily deliver 160 million cubic meters of fuel to power plants, Saeed Motassedi, Deputy Director of Iran's Department of Environment said. Motassedi said that     Add Comment

Iranian exporters lack knowledge of Russian market [Trend News Agency, Baku, Azerbaijan] 
BusinessWeek - 15 Hours ago
Dec. 20--TEHRAN, Iran. -- Iranian exporters have no information about the Russian market, Head of Iran's Garden Owners Union Mojtaba Shadlou said. He said that even the government doesn't provide exporters     Add Comment

Iran bans importing old planes [Trend News Agency, Baku, Azerbaijan] 
BusinessWeek - 15 Hours ago
Dec. 20--The Islamic Republic has banned domestic airlines from importing or renting the planes older than 15 years, Iran's Tasnim news agency reported Dec. 20. Previously there was no age-limitation     Add Comment

Over 1,700 transit flights pass through Iran's airspace daily [Trend News Agency,  
BusinessWeek - 15 Hours ago
Dec. 20--Number of international transit flights passing over Iran's air zone has surpassed 1,700 per day, the head of the Iranian Airports Organization, Mohammad Ali Ilkhani said, official IRNA news     Add Comment

Banking ban hampers activity of Iranian airlines despite easing sanctions [Trend  
BusinessWeek - 15 Hours ago
Dec. 20--Banking ban has hampered activity of Iranian airlines despite easing of the US and European sanctions. Head of Iran Civil Aviation Organization Alireza Jahangirian said the US and European pressure     Add Comment

Drilling operations of phase 14 of Iran's South Pars gas field 46% complete [Trend  
BusinessWeek - 15 Hours ago
Dec. 20--TEHRAN, Iran. -- The drilling operations of 22 wells in the phase 14 of Iran's giant South Pars gas field are currently underway, as the project is currently 46% complete, Iran's Mehr News Agency     Add Comment

Iran sets bank deposits interest rate at 22% [Trend News Agency, Baku, Azerbaijan] 
BusinessWeek - 15 Hours ago
Dec. 20--Iranian administration set the annual interest rate for bank deposits at 22 percent, the country's Central Bank said Dec. 20. The decision which was made during a meeting of the Central Bank     Add Comment

Some 120M litres of kerosene and gasoil distributed in Iran per day [Trend News  
BusinessWeek - 15 Hours ago
Dec. 21--Some 120 million litres of kerosene and gasoil are being distributed in Iran per day. Naser Sajjadi, managing director of National Iranian Oil Products Distribution Company, said 20 million     Add Comment

Iran sends aircraft engines abroad for repairs [Trend News Agency, Baku, Azerbaijan] 
BusinessWeek - 15 Hours ago
Dec. 20--TEHRAN, Iran. -- Iran has sent the engines of 14 airplanes to foreign countries in order to be repaired. Iranian Minister of Road and Urban Development Abbas Ahmad Akhoundi said that 7 engines     Add Comment

BRIEF: Azerbaijani, Iranian postal operators to render services to entrepreneurs  
BusinessWeek - 15 Hours ago
Dec. 20--Postal operators of Azerbaijan and Iran will render services to entrepreneurs in the border-line areas, a source on the telecommunications market of Azerbaijan told Trend. The expansion of cooperation     Add Comment

BRIEF: US dollar rises, euro and British pound fall in Iran [Trend News Agency,  
BusinessWeek - 15 Hours ago
Dec. 20--The US dollar was sold at 35,040 rials in Iran's free market on Dec.20, compared to 35,030 rials on Dec. 18, Iran's Mehr news agency reported on Dec. 20. Euro was sold at 43,430 rials, compared     Add Comment

BRIEF: Foreign airlines impose $5B loss to Iran annually [Trend News Agency, Baku,  
BusinessWeek - 15 Hours ago
Dec. 20--The activity of foreign airlines in Iran imposes $5 billion loss to Iran annually, managing director of Islamic Republic of Iran Airline (Iran Air), Farhad Parvaresh said. Parvaresh said the     Add Comment

BRIEF: Iran negotiating to buy radars from European countries [Trend News Agency,  
BusinessWeek - 15 Hours ago
Dec. 20--Iran is negotiating to buy radars from 3 European companies, head of the Iranian Airports Organization, Mohammad Ali Ilkhani, said. Ilkhani said that "three companies from France, Italy, and     Add Comment

Iran needs to boost agricultural exports to compensate for oil revenues' cut [Trend  
BusinessWeek - 15 Hours ago
Dec. 20--TEHRAN, Iran. -- An Iranian MP says the country needs to increase its agricultural products' exports to compensate for a considerable decrease in oil revenues. Seyyed Mehdi Mousavinejad, a member     Add Comment
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