By Haniyeh Sadat Jafariyeh

Iran, Denmark initiate IP rights co-op

The Iranian Intellectual Property Center and the Danish Patent and Trademark Office inaugurated their three-year close cooperation within the area of intellectual property (IP) rights on Tuesday in a bid to make a closer tie between Iran and Denmark on protection of IP in Iran, to ease attract foreign investments into the Asian country and also improve commercial conditions for foreign as well as Iranian companies in Iran.

India allows state refiners to use Iran tankers, insurance for oil imports

India is allowing state refiners to import Iranian oil with Tehran arranging tankers and insurance after firms including the country’s top shipper Shipping Corp of India (SCI) halted voyages to Iran due to U.S. sanctions, sources said.

Iran inaugurates major petchem projects in Assaluyeh

TEHRAN- President Hassan Rouhani on Tuesday officially inaugurated three major petrochemical projects in Assaluyeh petrochemical zone in southwestern Bushehr province, Shana reported.

Austria supports expansion of economic, industrial ties with Iran: envoy

TEHRAN- Austrian Ambassador to Tehran Stefan Scholz said his country supports expansion of economic and industrial relations with Iran.

2 large aluminum, copper plants to be put into operation by Mar. 2019

TEHRAN- Head of Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) announced that two large plants for production of aluminum and copper will be put into operation in the country by the end of current Iranian calendar year (March 20, 2019).

Iranian companies to take part in Rebuild Syria Expo in Damascus

TEHRAN- Director General of Trade Promotion Organization (TPO) of Iran's Arabic-African Affairs Office Farzad Piltan announced that Iranian firms plan to participate in Rebuild Syria Exhibition which is going to be held on October 2-6, in Damascus, the portal of TPO reported on Sunday.

Brazil planning to open $1.2b credit line to invest in Iran

TEHRAN- Brazilian Development Bank (BNDES) is planning to open a $1.2-billion credit line to continue trade with Iran and also investment making in the country, Brazilian Ambassador to Tehran Rodrigo de Azeredo Santos announced.

Majlis approves establishment of 12 SEZs, 8 FTZs

TEHRAN- The Iranian parliament (Majlis) on Sunday gave approval to a bill on the establishment of 12 new special economic zones and also eight new free trade zones, ISNA reported.

Iran’s 1st intl. gas exhibition running in Tehran

TEHRAN – Iran’s first international gas show (IRGS 2018) kicked off on Saturday at Shahr-e-Aftab Complex in Tehran.

Japan remains firm on seeking U.S. exemption for Iran oil imports: top official

Japan remains firmly committed to seeking U.S. exemption for Iranian oil imports as it sees the supplies as important for the country's energy security and businesses, a top government official told S&P Global Platts on Thursday.

South Pars platform 14C shipped toward installation spot

TEHRAN - Platform 14C of Iran’s South Pars gas field (in the Persian Gulf), which was loaded at Sadra industrial yard in the southwestern province of Bushehr, was shipped on Saturday to be installed on its designated offshore spot.

Iran climbs 32 places in World Bank’s LPI global ranking

TEHRAN – Iran’s Logistics Performance Index (LPI) has jumped 32 places in 2018 to 64th compared to 96th in 2016, according to the World Bank’s “International LPI Global Ranking 2018” report.

TEDPIX gains 562 points in a week

TEHRAN- Tehran Stock Exchange (TSE)’s main index (TEDPIX) increased 562 points or 0.4 percent during the five dealing days (Saturday-Wednesday) of the past Iranian week ended on Friday, Tasnim news agency reported.

‘India will not completely halt Iranian oil imports’

India will not completely halt Iranian oil imports and will finalize its strategy on crude purchases from Tehran after a meeting with top U.S. officials next week, a senior government official said.

Iran’s 7-month crude steel output up 23.6% yr/yr: WSA

TEHRAN- Production of crude steel in Iran stood at 14.457 million tons during the first seven months of 2018, indicating 23.6 percent rise from 11.697 million tons in the same period of time in 2017, according to World Steel Association (WSA).

Halting Iranian crude shipments will hurt Chinese refiners: Sinopec

TEHRAN – A halt in Iran’s oil shipments to China will negatively affect some of the country’s refiners, Reuters reported quoting a senior executive at Sinopec as saying on Monday.

Iran, Australia ink MOU on joint manufacturing of electric cars, motorcycles

TEHRAN- Iran's Industrial Development and Renovation Organization (IDRO) and Australia’s Avass Group signed a memorandum of understanding (MOU) for the joint manufacturing of electric cars and motorcycles in Iran, the website of IDRO reported.

Non-oil exports up 13.7% in 5 months yr/yr

TEHRAN- Iran exported 46.296 million tons of non-oil products worth $19.318 billion during the five-month period from March 21 to August 22, with 13.7 percent rise from $15.45 billion in the same time span of the past year, according to Islamic Republic of Iran Customs Administration (IRICA).

Mining projects worth $5.5b to become operational by Mar. 2019

TEHRAN- Projects related to mining and related industries worth $5.5 billion are planned to become operational by the end of current Iranian calendar year (March 20, 2019), IRIB reported on Monday citing the data released by the Ministry of Industry, Mining and Trade.

Iran’s largest wind farm goes on stream in Qazvin

TEHRAN – Iranian Energy Minister Reza Ardakanian inaugurated the country’s largest wind farm in the northwestern province of Qazvin on Monday, IRNA reported.

Petchem companies pumping exports revenues into NIMA

TEHRAN- According to the latest announcement of the Public Relations Office of Iranian Oil Ministry all the foreign currency earned from exports of petrochemical companies’ products has been regularly pumped into the Forex Management Integrated System, locally known as NIMA, in a bid to address the country's currency needs, IRIB reported on Sunday.

IPO to hand over 26 gas stations to private sector

TEHRAN – The private sector is going to take charge of 26 government-owned gas stations across Iran by the end of the current Iranian calendar month (September 22), IRIB reported.

Agriculture projects worth $450m to become operational

TEHRAN – Some 3,650 agriculture projects worth 19 trillion rials (nearly $450 million) are going to be inaugurated across the country during the Government Week (August 24-30), IRIB reported on Sunday, citing the portal of the Ministry of Agriculture.

Tehran, Seoul discuss S.Korea’s presence in Iranian market

TEHRAN- South Korean trade officials studied Iranian market capacities and their participation in this market after withdrawal of the U.S. from Iran nuclear deal in a meeting with Iranian their Iranian counterparts in South Korea on Saturday, IRNA reported.

Transport projects worth €656.5m to be inaugurated by Wednesday

TEHRAN – Iran’s Ministry of Transport and Urban Development plans to inaugurate 699 road and transport projects worth 28.7 trillion rials (over €591.5 million) and also €65 million during the Government Week (August 23-29).

Over 6,600 water, power projects to be launched, inaugurated

TEHRAN – Some 6,666 water and electricity projects are to be inaugurated or started in Iran during the Government Week (August 23-29), IRNA reported.

Crude steel exports rise 16% in 4 months yr/yr

TEHRAN- Iran’s crude steel exports increased by 16 percent during the four-month period form March 21 to July 22, compared to the same period of time in the previous year, IRNA reported.

‘U.S. using SPR means Iranian oil cannot be replaced by others'

TEHRAN – Iran’s OPEC governor said a U.S. sale of crude stockpiles from the Strategic Petroleum Reserve (SPR) shows that other producers can’t raise output enough to replace Iranian crude, Bloomberg reported on Wednesday.

Japan to strengthen trade ties with Iran: Keidanren chairman

TEHRAN- Hiroaki Nakanishi, the chairman of Keidanren (Japan Business Federation), voiced his country’s readiness for boosting trade ties with Iran, IRNA reported on Thursday.

Daily gasoline output to reach 100m liters within 3 months

TEHRAN- Gasoline production in Iran will be increased by 12 million liters to hit 100 million liters per day within the next three months, according to the chairman of the Association of Iranian Refining Companies.