Iran

[Shahab3]

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12 dams to come on stream by year-end

LONDON, Jan 15 (IranMania) - Deputy Energy Minister in Water Affairs, Reza Ardakanian, opened Zenuz Dam in Marand, East Azarbaijan, to increase the accessible water in the country by 2 bln cubic meters.
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Since the 1979 Islamic Revolution, nearly 150 dams have come under construction of which 54 projects were started during the so-called reform period (1996-2005).
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CBI reserves non-dollar currencies

TEHRAN (IRIB) -- Deputy governor of Central Bank of Iran (CBI) for foreign exchange affairs said here that the Bank is mainly holding non-dollar reserves in its basket of currencies.

Mohammad Jafar Mojarad said that over 60 percent of the basket consists of euros, Swiss franks, British pound and Japanese yen.

The currency mix is designed to maximize return on its reserves.
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Iran, Turkey discuss expansion of security cooperation

Ankara (IRNA) – The Islamic Republic of Iran and Turkey signed here Thursday a memorandum of understanding (MoU) on security cooperation. Iran’s Deputy Interior Minister for Security Affairs Hossein Motahar signed the MoU with his Turkish counterpart during the 21st session of Joint Security Committee in Ankara. The MoU focuses on campaign against drug trafficking, smuggling of goods, human trafficking, money laundering, terrorism as well as organized crimes at bilateral and regional levels as well as among the ECO members states. It was agreed that the 22nd session of the Joint Security Committee would be held in December-November 2005. The Iranian delegation consisted of representatives from ministry of foreign affairs, interior ministry, army and police.