Business
May 22-26, 2000 / Khordad 2-6, 1379
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BUSINESS NEWS INDEX
Friday,
May 26, 2000
* Iran, India to study gas pipeline through Pakistan
TEHRAN, May 24 (AFP) - Iran and India have agreed to carry out technical
studies for a gas pipeline linking their countries via Pakistan, Iranian
Foreign Minister Kamal Kharazi said in remarks reported Wednesday. Kharazi
was quoted by the financial press that he and Indian Foreign Minister Jaswant
Singh held "very useful and concrete" talks on the pipeline>>> FULL
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* Iran, India to study gas pipeline
through Pakistan
* Turkish business delegation to visit
Iran
* Iran in $83 mln steel deal with Japan-led group
* US oil jumps back to $30 as mogas worries
flare
* Iranian nuclear reactor 40 percent complete: ambassador
* New car production line launched
* Federal jury acquits Utah man of Iran trade embargo charges
* U.S. to maintain policy against Iranian oil swaps
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Thursday
May 25, 2000
* Turkish business delegation to visit Iran
ANKARA, May 25 (AFP) - A major delegation of Turkish businessmen will
leave this weekend for Iran, seeking to expand trade ties between the two
countries, a Turkish trade organisation said on Thursday. The business
visit comes as diplomatic relations between the two countries are under
severe strain >>>
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* Iran in $83 mln steel deal with Japan-led group
TEHRAN, May 24 (Reuters) - Iran signed an $83 million deal with a Japanese-led
consortium on Wednesday to build the country's first pelletising plant.
Japan's Kobe Steel Ltd is to build the plant with an annual capacity of
3.4 million tonnes. Kobe Steel representative Fumio Yamashita signed the
deal in Tehran with the head of the state National Iranian Steel Company,
Mostafa Moazenzadeh >>>
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Wednesday
May 24, 2000
* US oil jumps back to $30 as mogas worries flare
NEW YORK, May 24 (Reuters) - U.S. oil prices surged by more than a dollar
on Wednesday amid continuing concern about tight gasoline supplies as the
summer driving season gets going with this weekend's Memorial Day holiday.
Crude oil for July delivery on the New York Mercantile Exchange (NYMEX)
settled up $1.15 at $29.93 a barrel after the U.S. Energy Information Administration
(EIA) reported that reformulated gasoline (RFG) stocks fell as much as
2.2 million barrels in the week ending May 19 >>>
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Tuesday
May 23, 2000
* Iranian nuclear reactor 40 percent complete: ambassador
MOSCOW, May 22 (AFP) - The Iranian nuclear reactor of Bushehr on the
Gulf, which is being built by Russia, is 40 percent complete, Iran's ambassador
to Russia, Mehdi Safari, said Monday, quoted by the Interfax news agency
>>>
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Monday
May 22, 2000
* New car production line launched
KISH ISLAND, Iran (Reuters) - Iran Sunday launched a new-look sport
utility vehicle targeting young drivers at home and abroad. The new vehicle,
named ``Sinad,'' is the first offering from Kish Khodro Company, a joint
venture based on the Gulf island of Kish, one of three free-trade zones
set up to draw foreign investment >>>
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* Federal jury acquits Utah man of Iran trade embargo charges
May 21, 2000, PORTLAND, Ore. (AP) - A federal jury has acquitted a Utah
man of charges that he tried to break the Clinton administration trade
embargo with Iran by helping his brother export computer equipment. Hamid
Janversan had been indicted on conspiracy and banking charges last July
involving Microtek International Development Systems >>>
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