Business
August 2-6, 1999 / Mordad 11-15, 1378
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Today
* Tons of U.S. corn sold to Iran
* French Grain Traders Act Fast to Sell Iran Wheat
* Foreign tourists harassed in Iran -newspaper
Previous
* Iran paper warns Japan ahead of FM
visit
* Pipeline flap may clog expansion in Caspian Sea
* Iran says it will resume trade with Norway
* Japanese FM to visit Iran
* Iran development projects not getting state funds:
paper
* New rules in largest state-affiliated conglomerate
* Iran won't stockpile oil to deter OPEC cheaters
* Iran bought at least 100,000 T French wheat
* Export of Czech experts to Iran cannot be prevented
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$ Rate
Updated August 11, 1999
* Buying: 880-908 tomans per dollar
* Selling: 913 tomans per dollar
Source: Sehaty Foreign Exchange. Call in U.S.: 602-595-0778 OR
500-288-8881, Fax: 602-595-0222. Address: PO Box 3230, Carefree,
AZ 85377, USA. Mention this code for a better rate:
FA37B
Thursday
August 12, 1999
* Tons of U.S. corn sold to Iran
WASHINGTON (Reuters) - Private exporters reported the sale of 50,000
metric tons of U.S. corn to Iran during the week that ended Aug. 5 -- the
first such sale in at least four years, the U.S. Agriculture Department
said Thursday ... FULL
TEXT
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* French Grain Traders Act Fast to Sell Iran Wheat
PARIS, Aug. 11 (Reuters) - French grain exporters have taken advantage
of ideal circumstances, including crude oil prices at 22-month highs,
to fill Iran's near-term wheat needs while at the same time ensuring U.S.
traders do not muscle in on their huge market, grain sources said on Wednesday
... FULL
TEXT
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* Foreign tourists harassed in Iran -newspaper
TEHRAN, Aug 12 (Reuters) - A group of Islamic vigilantes harassed foreign
tourists who were in the central city of Isfahan to view the last total
solar eclipse of the 20th century, the official newspaper Iran reported
on Thursday. The paper, published by the state news agency IRNA, described
the vigilantes as ``thugs.'' ... FULL
TEXT
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Wednesday
August 11, 1999
* Iran paper warns Japan ahead of FM visit
TEHRAN, Aug 10 (AFP) - Iran confirmed Tuesday that Japan's foreign minister
would visit Tehran next week as a conservative newspaper warned Tokyo not
to use the visit as an occasion to start a row over Iran 's missile program.
The visit comes amid reports from Tokyo that Japan could resume low-interest
infrastructure loans to Iran which were frozen in 1995 in line with US
accusations that Tehran sponsors international terrorism ... FULL TEXT
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* Pipeline flap may clog expansion in Caspian Sea
August 11, 1999 BAKU, Azerbaijan (Wall Street Journal) -- The main international
oil consortium operating offshore in the Caspian Sea is threatening to
delay the expansion of its bellwether project in Azerbaijan, angered by
an argument with the U.S., Turkey and Azerbaijan over proposed export pipeline
routes for the oil that would be produced ... FULL
TEXT
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Tuesday
August 10, 1999
* Iran says it will resume trade with Norway
TEHRAN, Aug 10 (Reuters) - Iran said it will resume trade with Norway
after the two countries agreed to exchange ambassadors following a four-year
break over an Iranian death order against British author Salman Rushdie,
newspapers reported on Tuesday. ``Iran welcomes the Norwegian government's
move to upgrade diplomatic relations,'' newspapers quoted foreign ministry
spokesman Hamidreza Asefi as saying ... FULL
TEXT
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* Japanese FM to visit Iran , Turkey, Austria next week
TOKYO, Aug. 10 -- Japan's Foreign Minister Masahiko Komura said Tuesday
he will make a weeklong visit to Iran , Turkey and Austria from next Monday.
In Iran , Foreign Ministry officials said Komura intends to reiterate international
concerns over the proliferation of weapons of mass destruction and missiles
when he meets with Iranian President Mohammad Khatami and Foreign Minister
Kamal Kharazzi ... FULL
TEXT
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Monday
August 9, 1999
* Iran development projects not getting state funds: paper
TEHRAN, Aug 8 (AFP) - Some 30,000 major development projects in Iran
risk being abandoned because state banks have failed to allocate the necessary
funds, a conservative newspaper said here Sunday. "Of these about
9,000 are industrial projects that were only launched with great difficulty
and have not been followed up on," the Abrar daily said, adding that
Iran 's state-run banks remain unwilling to fund the projects ... FULL TEXT
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* New rules in largest state-affiliated conglomerate
July 29, 1999, (Iran Weekly Press Digest) -- The new head of Iran's
largest state-affiliated conglomerate pledged to introduce sweeping changes
to the multi-billion-dollar group that has been beset by charges of inefficiency
and allegations of corruption. Mohammad Forouzandeh, named last week to
head the Foundation for the Deprived and War Disabled, said it planned
to sell loss-making businesses and take up more lucrative ventures ...
FULL TEXT
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Friday,
August 6, 1999
* Iran won't stockpile oil to deter OPEC cheaters
NEW YORK (Dow Jones)-- Iran has categorically ruled out the idea of
creating a floating stockpile of crude oil to be used to deter cheating
on output-restraint agreements by other members of OPEC, a senior Iranian
official said Thursday. H. Ghanimifard, director of international affairs
at the state-owned National Iranian Oil Corp., also said in statement that
Iran was calling for compliance with the current OPEC pact "at least
until March 2000." ... FULL
TEXT
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* Iran bought at least 100,000 T French wheat
PARIS, Aug 5 (Reuters) - Iran bought at least 100,000 tonnes of French
soft wheat this week at around $100 per tonne fob, European grain traders
said on Thursday. They said the wheat was for shipment in September, although
one source said shipment might run through the middle of October.
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* Export of Czech experts to Iran cannot be prevented
PRAGUE, Aug 3 (CTK, Czech News Agency) - Czech officials have been searching
in vain for three months for a way of preventing Czech firms from exporting
expertise and giving advice on the completion of the nuclear power plant
under construction at Bushehr in Iran , reports Czech daily Mlada fronta
Dnes today ... FULL
TEXT
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