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Jan 18-22, 1999 / Dey 28 - Bahman 2, 1377

News | Sports | Arts | Rights | Community

Today

* U.S. senator calls for end to food embargo on Iran
* Albright: Iran should not be in isolation forever
* US: Caspian oil pipeline deal near
* Russia to continue Iran cooperation, minister says

Previous

* U.S. moving toward looser sanctions on Iran
* Iran blasts US sanctions on Russia
* Iran sets petroleum exports at $12.1 bln
* Iran raises petrol prices
* Russia defends nuclear fuel sale
* Russia, Iran discussed nuke research reactor
* Iran says President Khatami plans France visit
* Iran oil capacity exceeds estimates-Dresdner Bank
* U.S. says considering sale of farms goods to Iran
* U.S. weighs grain sales may improve ties
* Russian denies work in Iran on germ weapons
* Iran approves tax-free sales to foreign visitors
* Ex-KGB blames West for Iran technology
* MPs reject bill to liberalise car imports
* Official wants less state sugar price controls

News | Sports | Arts | Rights | Community


Monday | Tuesday | Wednesday | Thursday | Friday


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Iranian Trade Association


$ Rate

Updated January 22, 1999

* To send money to Iran, the rate is 702-720 tomans per dollar, depending on how much you wish to send.

* To send money out of Iran, the rate is 722 tomans per dollar.

Source: Sehaty Foreign Exchange. Preferntial rates for readers of The Iranian Times. Call in U.S.: 602-595-0777 OR 500-288-8881, Fax: 602-595-0222. Address: PO Box 3230, Carefree, AZ 85377, USA. Mention this code: BAJ 07


Friday,
January 22, 1999

* U.S. senator calls for end to food embargo on Iran

WASHINGTON, Jan 21 (Reuters) - The chairman of the Senate Agriculture Committee has called on President Bill Clinton to approve a possible sale of more than $500 million of U.S. farm goods to Iran and to end a unilateral U.S. food embargo on that country. ``Lifting or modifying the prohibition'' on U.S. food sales to Iran could encourage leaders in that country ``to respond by modifying its international behaviour in ways more compatible with our interests,'' said Sen. Richard Lugar, an Indiana Republican, in a letter to National Security Advisor Sandy Berger ... FULL TEXT

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* Albright: Iran should not be in isolation forever

WASHINGTON, January 22 (Itar-Tass) - US Secretary of State Madeleine Albright believes that such a country as Iran should not be in isolation forever. She said this in a speech to the Centre for National Policy on Thursday, motivating this view by Iran's size, importance and geographic position ... FULL TEXT

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* US: Caspian oil pipeline deal near

WASHINGTON (AP) -- Negotiations involving Azerbaijan, Turkey and major oil companies on building a pipeline to carry Caspian Sea oil to the West are progressing and may soon bear fruit, a senior U.S. official said Thursday. Richard Morningstar, the Clinton administration's special adviser on Caspian Basin Energy Diplomacy, also said that despite a growing number of dry wells drilled in the Caspian, he believed there was sufficient oil to make it a productive region ... FULL TEXT

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* Russia to continue Iran cooperation, minister says

MOSCOW, Jan 22 (Reuters) - Foreign Minister Igor Ivanov said on Friday that Russia would continue to cooperate with Iran in peaceful areas despite U.S. concerns that Moscow is helping Tehran's missile and nuclear programmes. ``We will develop cooperation with Iran in all peaceful spheres, while strictly maintaining a policy of non-proliferation,'' Ivanov told a news conference ... FULL TEXT

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Thursday
January 21, 1999

* U.S. moving toward looser sanctions on Iran

Prague, 20 January 1999 (RFE/RL) -- The following is an RFE/RL interview with Ambassador Robert H. Pelletreau, former U.S. assistant secretary of state for Near-Eastern Affairs under President Bill Clinton and now a lawyer and an advocate for improving U.S.-Iran relations. Our correspondent asked Ambassador Pelletreau to speculate on the likely direction U.S. trade sanctions on Iran will take in the months ahead ... FULL TEXT

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* Iran blasts US sanctions on Russia

TEHRAN, Jan 21 (Reuters) - Iran slammed as ``gross interference'' sanctions imposed by the United States against three Russian institutes over their ties with Tehran, newspapers reported on Thursday. ``The ... propaganda campaign launched by the United States is aimed at damaging relations between Iran and Russia,'' said Foreign Ministry spokesman Hamid Reza Asefi, quoted by the daily Iran News ... FULL TEXT

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Wednesday
January 20, 1999

* Iran sets petroleum exports at $12.1 bln in 1999/2000

TEHRAN, Jan 20 (Reuters) - Iran is planning to earn $12.1 billion from its petroleum exports in the next Iranian year under a budget measure approved on Wednesday. In a session broadcast on Tehran radio, parliament deputies passed the measure forecasting $10.6 billion in crude exports and $1.5 billion in exports of petroleum products and liquefied natural gas in the year starting on March 21 ... FULL TEXT

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* Iran raises petrol prices

Jan 20 (BBC) - The Iranian parliament has approved a seventy-five per cent increase in the price of petrol from March ... FULL TEXT

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* Russia defends nuclear fuel sale

MOSCOW (AP) -- The nuclear fuel Russia plans to supply to Iran for a power plant cannot be used to build nuclear weapons, a top Russian official said Wednesday. Russia signed an $800 million deal with Iran in 1995 to help build a 1,000-megawatt light-water nuclear reactor in Bushehr. The United States and Israel have strongly criticized the project, saying it might help Iran obtain technology needed to develop nuclear weapons ... FULL TEXT

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* Russia, Iran discussed nuke research reactor

MOSCOW, Jan 20 (Reuters) - A Russian atomic energy official said on Wednesday that a leading Moscow science institute held talks on selling Iran a nuclear research reactor, but that no contract resulted from the negotiations. The acknowledgement by Deputy Atomic Energy Minister Bulat Nigmatulin came a week after the United States imposed sanctions against three Russian institutes for allegedly helping Iran develop missile and nuclear capabilities ... FULL TEXT

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* Iran says President Khatami plans France visit

TEHRAN, Jan 20 (Reuters) - Iran's President Mohammad Khatami will visit France after March, the first visit to Western Europe by an Iranian president in 20 years, an official said in remarks published on Wednesday. Foreign Ministry spokesman Hamid Reza Asefi said Khatami would visit France in the next Iranian year which starts on March 21, newspapers reported ... FULL TEXT

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Tuesday
January 19, 1999

* Iran oil capacity exceeds estimates-Dresdner Bank

LONDON, Jan 19 (Reuters) - Iran produced more oil in recent years than outside experts believed and even more than its own officials disclosed, Dresdner Kleinwort Benson (DKBR) said. The bank said in a World Oil Report that Iran could pump sustainably at 3.9 million barrels per day (bpd). ``Broadly speaking, our own data agrees with the Iranian view that secondary market sources have substantially under-estimated Iran's sustainable production capacity in 1998,'' said the report by Mehdi Varzi, a director of research at the bank ... FULL TEXT

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* U.S. says considering sale of farms goods to Iran

WASHINGTON, Jan 19 (Reuters) - The United States is considering the sale of U.S. farm goods to Iran but no decision has been made, the State Department said on Tuesday. ``An application for a license to broker a sale of U.S. agricultural products to Iran has been filed with the Treasury Office of Foreign Assets Control and is under consideration,'' spokesman James Rubin said. ``I don't think any decision has been made on this,'' he said ... FULL TEXT

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* U.S. weighs grain sales may improve ties

Jan 19, (The Washington Post) - Just as the Clinton administration was reluctantly concluding late last year that its effort to rebuild ties to Iran was going nowhere, Iran surprised Washington with a request to buy more than $500 million in U.S. grain and sugar, a move described by Iran's U.S. purchasing agent as an effort to reach out to the United States ... FULL TEXT

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* Russian biologist denies work in Iran on germ weapons

Jan19, 1999, (The New York Times) - A Russian biologist in Iran has denied conducting research that could have helped the Soviet Union or Iran develop germ weapons. The biologist, Dr. Valery Bakayev, said in a brief telephone interview that while he has worked at the Pasteur Institute in Tehran for more than five years, his work has focused solely on the civilian development of vaccines against diseases like tuberculosis and on other nonmilitary research. He denied having worked in any offensive germ warfare program for the Soviet Union or Iran ... FULL TEXT

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* Iran approves tax-free sales to foreign visitors

TEHRAN, Jan 19 (Reuters) - Iran's parliament on Tuesday approved regulations allowing sales tax refunds to foreigners shopping in the country. In a session broadcast live on Tehran radio, deputies passed a budget measure on the refunds after backers said it would encourage tourism and boost non-oil exports ... FULL TEXT

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Monday
January 18, 1999

* Russian ex-KGB blames West for Iran technology

MOSCOW, Jan 18 (Reuters) - Russia's FSB national security service said in a newspaper interview published on Monday that Iran possessed Western equipment which could be used to build missiles. The United States placed sanctions on three Russian scientific institutes last week and threatened further action, accusing Russia of providing aid to Iran's missile and nuclear weapons programmes. But FSB spokesman Alexander Zdanovich told the Sevodnya daily newspaper that Washington had provided no evidence to back up its accusations ... FULL TEXT

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* MPs reject bill to liberalise car imports

TEHRAN, Iran (Reuters) - Iran's parliament Sunday defeated a bill that would have removed a virtual ban on car imports into the country. In a session broadcast on Tehran radio, deputies voted against a budget item that would have allowed car imports subject to heavy customs duties. Under Iran's protective laws, car imports are allowed only in few cases, including when the payment for the vehicles is made in hard currency obtained from exports ... FULL TEXT

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* Iran official wants less state sugar price controls

TEHRAN, Jan 17 (Reuters) - An Iranian industry official called in remarks published on Sunday for a partial removal of state sugar price controls to encourage investment and revitalise Iran's ailing sugar industry. Ebrahim Mahbod, an official at a state-affiliated economic foundation, also said the government should drop its monopoly on the distribution of sugar, allowing bodies such as his foundation to sell sugar directly to food industries ... FULL TEXT

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U.S.-Iran Business Council Forum

The Iranian Trade Association, along with our host, the Washington International Trade Association will present the First Quarterly U.S.-Iran Business Council Forum: "The Process of Engagement" on Wednesday, February 3, 1999 in Washington, DC ... MORE DETAILS


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