World Business and Economic Analysis
World Business and Economic Analysis
To reach a trade volume of $30 million by the end of 2017, Iran and Turkey started a joint committee on banking relations.
The first meeting of Iran-Turkey joint committee on banking relations was held on Wednesday in Tehran, announced the Central Bank of the Islamic Republic of Iran in a communiqué on Thursday.
Hassan Yaghoubi, Director of International Relations Department at the Iranian Central Bank's International Affairs Office headed the Iranian side of the meeting and Mehmet Taşkin, the Deputy Executive Director at Central Bank of Turkey was the top figure of the Turks in the meeting.
During the meeting, the two delegations discussed the ways to remove obstacles ahead of the banking relations of the two countries, the use of local currency for trade, connection of the switch cards of the two countries, and continuation of the bilateral talks in the next three months.
The agreements reached in talks between the two sides was signed by the two sides in the form of a banking Memorandum of Understanding.
The signed MoU is in line with the terms of cooperation agreed by the presidents of the wo countries who have set the goal to reach a trade volume of more than $30 million by the end of 2017.
The next meeting of the committee is set to be held in Turkey in late February.
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Project Finance Consultants
World Business Year – is looking for a Project Finance Manager to assist our team on the drafting and implementation of international and European Banks especially with regards to financial and control matters and to contribute to the successful increase and development of the project portfolio.
Responsibilities
– Search for funding opportunities in close collaboration with the EU Banks
– take charge of the drafting of project proposals especially with regards to financial and administrative aspects (e.g. preparation of budget, preparation of administrative documents for the project submission, etc), in close collaboration with the EU Banks.
– implement and manage the legal, administrative and financial framework of projects (e.g. prepare time sheet, ensure appropriate follow-up of all project-related legal and contractual issues including procurement and management of sub-contracted services, managing and supervising the project budget, etc)
– perform the implementation of project finance activities according to the time schedule and budget
– Preparation and processing of technical and financial project report and secure appropriate records to document project activities
– Presentation of financial project matters during internal and external events
– manage relations with European Commission, Lead Partner and project partners
Transversal tasks
Being a small team all staff members are asked to perform some transversal tasks such as policy monitoring and some secretarial work.
Your profile
– proven experience in successful EU/international project and tender applications, especially with regards to the financial and administrative aspects (drafting budget, negotiation with the Commission, grant agreement, etc)
– at least 3 years’ experience in financial project management and implementation
– Previous experience in the management of complex partnerships
– Strong interpersonal skills and management of inter-personal relations in international environment
– Problem solving attitude and time management skills
– Strong team spirit and eager to contribute to common objectives
– Sound knowledge of EU (and other) funding programmes and opportunities
– Perfect English, other language(s) will be an asset
What we offer
An international environment with interesting and challenging field of activities
Please send your cover letter and CV to This email address is being protected from spambots. You need JavaScript enabled to view it.
Deadline for application: 13 February 2017
only selected candidates will be contacted for an interview
Starting date: as soon as possible
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To strengthen Iran and Luxembourg relations, both nations need banking ties which can be realized through opening of representative offices and bank branches in both countries. In this way, the banking ties will expand gradually.
In a meeting with Deputy Prime Minister and Minister of Economy of Luxembourg, the CBI governor Dr. Seif welcomed the idea of opening bank branches and agencies in Iran and expressed Iranian banks’ willingness to establish branches and representations in Luxembourg and said: “Banking relations will develop concurrent with the establishment of correspondent relations. Iran and Luxembourg economies are complementary to each other. Since Luxembourg is seeking new consumer markets and investment opportunities, and Iran needs to attract foreign investors, it is necessary for both sides to take advantage of the economic potential.
