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Mohammad Khazaei, Deputy Minister of Economic Affairs and Finance as well as head of the Organization for Investment, Economic and Technical Assistance of Iran (OIETAI), met with various Austrian economic officials, including the Finance Minister, president of the Central Bank and head of OKB in Vienna.

 

Mohammad Khazaei, Deputy Minister of Economic Affairs and Finance of Iran, met yesterday with the CEO of EKF at the Iranian embassy in Austria.

 

Hong Kong branch of Melli Bank PLC, a subsidiary of Bank Melli Iran (BMI), has restarted its activities, said the BMI managing director.

 

Head of the Organization for Investment, Economic and Technical Assistance of Iran says that the $10 billion agreement signed between China’s CITIC Group Corporation and 5 Iranian banks is Irans first major deal with China after the JCPOA.

 

Russia’s Vnesheconombank (VEB) signed an investment agreement with Iran’s Bank of Industry and Mine (BIM) worth €1.2 billion for the development of Hormozgan thermal power plant.

 

The Managing Director of the Export Development Bank of Iran says that over time and unlike the beginning of the nuclear deal, big European banks are establishing their banking relationship with various Iranian banks.

 
 

Minister s Speeches

 

Notes

VAT in each countrys tax system reflects the countrys development-oriented look to economy, and developed countries that are economically dynamic and robust certainly have been successful in using VAT.

 

We have seen a positive trade balance by the end of Azar this year (December 20, 2016), but this does not mean moving away from negative numbers; it means approaching the equal trade balance

 

Tax and the tax system play an important and unmatched role in the countrys development. Tax as a means of guiding the economy can play a key role in development policies via its impact on economic activities of enterprises. Accordingly, by developing a proper tax system, the government can affect how to achieve the development goals.

 
 

Interviews

(SHADA: TEHRAN) – The Iranian Minister of Economic Affairs and Finance Ali Tayyebnia was talked in a televised interview with Islamic Republic of Iran Broadcast (IRIB) Channel One. Here follows the full text to the interview

 

(SHADA: TEHRAN) – Iran’s Minister of Economic Affairs and Finance Ali Tayyebnia had an interview with “World of Economy”, a Tehran-published economic daily. Here follows the full text to the interview.

 

(SHADA: TEHRAN) – The name of Mojtaba Lashkar Bolouki has been thrown around in the Iranian economic circles after the Strategic Economic Plan was unveiled last March. As the senior advisor to Iran’s Minister of Economic Affairs and Finance on Strategic Management, Dr. Lashkar Bolouki had a key role in developing the fabric of the plan and defining the goals, sub-goals, requirements, and specifications of the project. With the seven phases of the plan now becoming more established and more measurable at a larger scale, the Islamic Republic of Iran’s finance ministry seems to have taken effective steps in transition from a traditional organisation into an innovative one. The following is our interview with Lashkar Bolouki on how the Finance Ministry has attained all this achievement in a very short period after the 11th Government took over last year.

 
 

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