TEHRAN (Fars News Agency)- The Bush administration and Congress are warning that a proposed $16 billion deal between a Chinese company and Iran could trigger economic penalties under an American law aimed at starving Iran of funding for terrorism and nuclear weapons.

TEHRAN (Fars News Agency)- Defense Minister Mostafa Mohammad Najjar on Friday dismissed UN sanctions imposed on Iran as “psychological warfare” and suggested they would not affect Iran’s missile production capability.

TEHRAN (Fars News Agency)- Third Meeting of Agriculture Ministers of Economic Cooperation Organization (ECO) member states will be held here in Tehran from March 5-7.