Business
June 26-30, 2000 / Tir 6-10, 1379
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BUSINESS NEWS INDEX
Friday,
June 30, 2000
Japan to resume new project lending to Iran--paper
TOKYO, June 30 (Reuters) - Japan will resume government loans to Iran
for new projects for the first time in seven years, in a bid to improve
ties with the oil-rich nation ahead of a visit by President Mohammad Khatami,
a Japanese newspaper said on Friday. The business daily Nihon Keizai Shimbun
said the government later this year will lend Iran more than five billion
yen ($47.55 million) for an anti-pollution project in Teheran >>> FULL TEXT
INDEX
Official says private ownership of aircraft permitted
BBC Monitoring, Source: IRNA news agency -- Text of report in English
by Iranian news agency IRNA: Tehran, 28th June: Head of the Technical Aviation
Training Centre Hoseyn Arya'ipour said on Wednesday [28th June] that the
Iranian citizens could possess and use small personal planes >>>
FULL TEXT
INDEX
INDEX
* Japan to resume new project lending
to Iran
* Private ownership of aircraft "permitted"
* 300 factory workers stage hunger strike
* Foreign companies to work on mining projects
* US wheat growers still hoping for sales to Iran
* Iran launches first offshore bunkering
service
* Iran says it is ready to help rebuild
Kuwait's refinery
* Executives find obstacles in Iran
* Iraqi oil tankers impounded
* Kuwait in talks with Iran over gas-rich
border
* Labor leader warns of growing crisis
* Ford submits a bid for Daewoo
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Friday,
June 29, 2000
300 factory workers stage hunger strike
TEHRAN, June 29 (AFP) - Some 300 workers at a factory making taps and
valves in the Iranian holy city of Qom have been on hunger strike since
the beginning of the week in pursuit of a claim for unpaid wages, a press
report said Thursday. "They have eaten nothing for 48 hours and they
are in a poor physical state," a local official told the reformist
paper Kar-o-Kargar (Work and Worker) >>>
FULL TEXT
INDEX
Foreign companies to work on mining projects
TEHRAN, June 29 (AFP) - Iran is in talks with foreign companies to develop
its mining and metals sector, with interest from Canada, South Africa,
Australia and New Zealand and Britain, the IRNA news agency reported Wednesday.
Deputy Minister of Mines and Metals for Economic and International Affairs
Mohammad Taqizadeh-Ansari told IRNA that a Canadian firm has already started
mining >>>
FULL TEXT
INDEX
US wheat growers still hoping for sales to Iran
WASHINGTON, June 28 (Reuters) - U.S. wheat growers remain hopeful of
making sales to Iran , despite relatively little progress since the Clinton
administration eased sanctions last year, a top industry official told
Reuters. "We've had some contact with the Iranians, but progress is
very slow," said Alan Tracy, president of the U.S. Wheat Associates,
an export market development farm group >>>
FULL TEXT
INDEX
Wednesday
June 28, 2000
Iran launches first offshore bunkering service
TEHRAN, June 26 (Reuters) - Iran has launched its first offshore bunkering
service at an anchorage south of the Qeshm island free trade zone in the
Gulf, a Qeshm official said on Monday. Singapore-based Global Energy provides
the services in cooperation with the National Iranian Tanker Company (NITC)
and National Iranian Oil Company (NIOC) >>>
FULL TEXT
INDEX
Iran says it is ready to help rebuild Kuwait's al-Ahmadi refinery
TEHRAN, June 28 (AFP) - Iran is "ready to help" Kuwait rebuild
the al-Ahmadi refinery which was severely damaged by an explosion Sunday,
the official IRNA news agency reported. "Iran is ready to help Kuwait
rebuild and repair the al-Ahmadi refinery, which has recently been damaged,"
an "informed source" close to the oil ministry was quoted as
saying by IRNA >>>
FULL TEXT
INDEX
Executives find obstacles in Iran
By Guy Dinmore in Tehran
Financial Times (London)
June 27, 2000
Marmalade and cornflakes. Finding them in Iran, quipped the leader of
a British trade delegation, is the main challenge facing the foreign investor.
But beneath the diplomatic bonhomie of an after-dinner speech by Sir
Jeremy Hanley, chairman of the British-Iranian Chamber of Commerce, the
tough message being delivered this week by visiting executives is that
Iran may have great potential, but also a long way to go to attract significant
amounts of foreign investment >>>
FULL TEXT
INDEX
Tuesday
June 27, 2000
Iraqi oil tankers impounded
CAIRO, Egypt Iranian authorities have impounded two Iraqi
tankers suspected of smuggling Iraqi oil, according to Iranian state radio
>>>
FULL TEXT
INDEX
Kuwait says in talks with Iran over gas-rich border
KUWAIT, June 27 (Reuters) - Kuwait said on Tuesday it is currently holding
intensive talks with Iran to resolve a dispute, also involving Saudi Arabia,
over oil and gas-rich areas in the northern Gulf. The official Kuwait News
Agency (KUNA) quoted Foreign Ministry Undersecretary Khaled Sulaiman Jarallah
as saying "intensive discussions" were taking place between Kuwaiti
and Iranian officials to resolve their continental shelf dispute >>> FULL TEXT
INDEX
Monday
June 26, 2000
Labor leader warns of growing crisis in cash-short factories
TEHRAN, June 26 (AFP) - Iran's factories, many of them operating in
the red and unable to pay their workers, are facing a growing crisis that
the government has failed to halt, the reformist head of a state-backed
labor union said Monday. Ali Reza Mahjub, a former MP and ally of Iranian
President Mohammad Khatami, was quoted by the official IRNA news agency
as saying "the number of problematical industrial units is increasing
daily, and responsible agencies have lost their ability to address the
problems of labor." >>>
FULL TEXT
INDEX
Ford submits a bid for Daewoo motor with operations in Iran
SEOUL, South Korea (Reuters) - Ford Motor Co. submitted a bid for South
Korea's Daewoo Motor on Monday focusing on the complementary benefits offered
by linking the world's second largest carmaker with Daewoo, a major player
in Asia and Eastern Europe. Ford is strong in North America and Europe
while Daewoo's well-established brand name in Asia and its plants in Poland,
India, Iran and other places are strong points, Kumar said
>>> FULL TEXT
INDEX
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