Business
October 18-22, 1999 / Mehr 26-30, 1378
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* Deal close on financing Baku-Ceyhan
pipeline
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* INTERVIEW-Iran aims to double car
output in 4 years
* Tracer provides update on Iran oil developments
* Iran proposes first international bonds
* Japan's PM welcomes investment in Iran
* Shell wants to expand Iran presence
* Iran becoming oasis for business
* INTERVIEW -Iran eyes move to market economy
* Iran seeks industrial cooperation with EU
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Friday,
October 22, 1999
* Deal close on financing Baku-Ceyhan pipeline
October 19, 1999 (Financial Times) -- Talks on building a $ 2.4bn-$
3bn pipeline to transport oil from Azerbaijan to western markets via Turkey
are "very close" to agreeing the basis for financing the project.
Suleyman Demirel, the Turkish president, flew to the Azerbaijan capital
Baku yesterday for a meeting with Heidar Aliyev, the Azeri president ...
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Thursday
October 21, 1999
* INTERVIEW-Iran aims to double car output in 4 years
TEHRAN, Oct 21 (Reuters) - Iran plans to double its automobile production
to 500,000 units a year by 2003 through increased private investments to
meet growing local demand, a senior industry official said on Thursday
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* Tracer provides update on Iran oil developments
Tracer Petroleum Corporation reports that considerable progress has
been made recently in discussions with officials of the National Iran Oil
Company and the National Iranian Gas Company, and as such the Company is
preparing to send a technical due diligence and negotiating team to the
Islamic Republic of Iran as soon as possible ... FULL
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Wednesday
October 20, 1999
* Iran proposes first international bonds since revolution
TEHRAN, Oct 20 (AFP) - Cash-strapped Iran will issue foreign currency
bonds for the first time since the Islamic revolution 20 years ago, the
deputy director of the central bank said Wednesday. "The bond offering
will be a good way to raise needed hard currency," Mohammad Jafar
Mojarad said, cited by the official IRNA news agency ... FULL
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* Japan's PM Obuchi welcomes growing investment in Iran
TOKYO, Oct 19 (AFP) - Japanese Prime Minister Keizo Obuchi said Tuesday
he would welcome an increase in Japanese investment in Iran as a way to
strengthen bilateral relations. Obuchi made the remarks when he met senior
Iranian parliamentary leader Hasan Rouhani, who arrived here Saturday on
a six-day visit, a foreign ministry official said ... FULL
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Tuesday
October 19, 1999
* Shell wants to expand Iran presence
Menas Associates' Iran Focus
October 1999
Royal Dutch Shell recently made headlines after reporting that it is
close to signing a $1.2 billion deal with Iran to develop the offshore
Nowrouz and Soroush oil fields in the Persian Gulf. In the following exclusive
interview with Iran Focus, Edi Cartier, head of Shell in Iran, talks about
the company's activities, views, strategies and prospects in the country
... GO TO
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* Iran becoming oasis for business
TEHRAN, (The Toronto Star) - Canadian business is showing little interest
in Iran, but that hasn't stopped Iranians from showing a big interest in
Canada. Only six Canadian companies attended a massive international trade
fair here that ended yesterday. It showcased the wares of hundreds of foreign
firms vying to break into a market of 70 million people that seems poised
to end years of isolation ... FULL
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Monday
October 18, 1999
* INTERVIEW -Iran eyes move to market economy
TEHRAN, Oct 14 (Reuters) - Iran is taking major steps towards becoming
a market economy, to help the country tackle its formidable social and
economic challenges, a senior economic official said on Thursday ... FULL
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* Iran seeks industrial cooperation with EU
TEHRAN, Oct 14 (Reuters) - Iranian President Mohammad Khatami said on
Thursday Iran wanted to expand industrial cooperation with EU countries
and would in turn provide investment opportunities to European firms ...
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