Iran News

Over 3,000 types of Iranian goods and products have found their way to the markets of 151 different world countries, an Azarbaijan provincial official said on Saturday.

Iran and Qatar should have the best relations, Iranian President Mahmoud Ahmadinejad said in a meeting with the Qatari Minister of Internal Affairs, Abdallah bin Nasir bin Khalifa al-Thani here on Saturday.

Iranian President Mahmoud Ahmadinejad is scheduled to pay a short visit to Bahrain prior to his participation in the upcoming summit of the Organization of Petroleum Exporting Countries (OPEC) in Saudi Arabia on Saturday.

Central Bank of the Islamic Republic of Iran said in its latest report that the country’s foreign currency reserves on September 12 amounted to USD68 bln, showing 19.8% of growth compared with the last year.

Iranian Oil Minister Gholam Hossein Nozari has said that the Islamic Republic’s oil and gas output could reach 4.5 mln barrels per day of oil equivalent within the next two years.

China has pulled out of a meeting to discuss new sanctions on Iran, European diplomats said on Friday, highlighting the obstacles western powers, specially the US, face in their quest to increase pressure on Tehran over its nuclear program.

European Union foreign policy chief Javier Solana would table a report on Iran’s attitude to engagement in nuclear talks whether or not there will be a new meeting with Iran’s nuclear envoy, his spokeswoman said on Friday.

Venezuelan President Hugo Chavez is scheduled to pay a several-hour visit to Tehran following his attendance in the upcoming summit of the Organization of Petroleum Exporting Countries (OPEC) in Riyadh, Saudi Arabia early next week.

The Moroccan Foreign Trade Minister discussed future trade and business cooperation with Iranian Commerce Minister Massoud Mir Kazemi on Thursday.

Iran’s new Oil Minister Gholamhossein Nozari blamed misunderstanding for the fall of the $22 billion deal to export five million tons of liquefied natural gas (LNG) to India.