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	<title>Business Guide Land</title>
	<atom:link href="http://www.businessguideland.com/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.businessguideland.com</link>
	<description>Business Blog</description>
	<pubDate>Tue, 06 Jan 2009 08:19:24 +0000</pubDate>
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	<language>en</language>
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		<title>GM Takes Step to Boost Car Sales</title>
		<link>http://www.businessguideland.com/automobile/gm-takes-step-to-boost-car-sales.htm</link>
		<comments>http://www.businessguideland.com/automobile/gm-takes-step-to-boost-car-sales.htm#comments</comments>
		<pubDate>Sat, 03 Jan 2009 10:59:46 +0000</pubDate>
		<dc:creator>Robi</dc:creator>
		
		<category><![CDATA[Automobile]]></category>

		<guid isPermaLink="false">http://www.businessguideland.com/?p=99</guid>
		<description><![CDATA[Recently the financial division of General Motors Corp., GMAC, has disclosed their future plans to use a smart amount of its Government financial bailout aid to move vehicles especially car and truck inventories. GMAC has already said it is going to use money from the $700 billion bank bailout to present more affordable credit to [...]]]></description>
			<content:encoded><![CDATA[<p><img align="left" title="gm1" src="http://www.businessguideland.com/wp-content/uploads/gm1.jpg" alt="gm1" width="294" height="241" />Recently the financial division of General Motors Corp., GMAC, has disclosed their future plans to use a smart amount of its Government financial bailout aid to move vehicles especially car and truck inventories. GMAC has already said it is going to use money from the $700 billion bank bailout to present more affordable credit to customers. Among the future plans, GMAC will give 0% or very low-interest financing on a number of slower-selling 2008 as well as 2009 models as business policy of a year-end sales push.</p>
<p>On the other hand, many of the car industry&#8217;s sharp falls in sales, in recent few months, have been blamed on a lack of affordable credit. Various types of auto sales have dropped sharply in 2008, falling 37% in November to the worst level in over 26 years business history, and all major automaker reporting a slump of more than 30% in their car sales. In the circumstances, many hopes that the recent step of GM will help to boost their <a title="car" href="http://www.eautoguides.com/" target="_blank">car</a> sales.</p>
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		<title>Why you will become a Travel Agent?</title>
		<link>http://www.businessguideland.com/jobs/why-you-will-become-a-travel-agent.htm</link>
		<comments>http://www.businessguideland.com/jobs/why-you-will-become-a-travel-agent.htm#comments</comments>
		<pubDate>Fri, 19 Dec 2008 10:45:44 +0000</pubDate>
		<dc:creator>Rajib</dc:creator>
		
		<category><![CDATA[Jobs]]></category>

		<guid isPermaLink="false">http://www.businessguideland.com/?p=96</guid>
		<description><![CDATA[The need for skilled travel agents is growing as more people travel for business and pleasure. So becoming as a travel agent is a great choice to taking as a career. It is really a fine opportunity to build a new source of income as you become a travel agent. Moreover, becoming a travel agent [...]]]></description>
			<content:encoded><![CDATA[<p><img title="travel-agent" src="http://www.businessguideland.com/wp-content/uploads/travel-agent.jpg" alt="" width="300" height="349" align="left" />The need for skilled travel agents is growing as more people travel for business and pleasure. So becoming as a travel agent is a great choice to taking as a career. It is really a fine opportunity to build a new source of income as you become a travel agent. Moreover, becoming a <a title="travel" href="http://www.smashingguide.com/" target="_blank">travel</a> agent is a fun and rewarding career. Others, here is lots of advantage to take travel agent profession as career.</p>
<ul>
<li>In all of reason job satisfaction is principal. Without travel agent, there is a few scope of job that can give opportunity to earn with real fun and excitement. As a travel consultant which is also known as a travel agent, you can join your love of globetrotting and foreign cultures with a flexible career. Moreover, becoming a travel agent is also an amazing way to share your love for adventure and new locales with other people.</li>
<li>It is easy to get started. Depending on where you live and where you&#8217;re selling travel services, you may need to register with the state. In different places not all states require travel agents to register, license can be getting for the whole country. And the best thing is that the license can get easily in most of the country. Furthermore, the register fee is not so high.</li>
<li>Unlimited income is one of the most exciting opportunities in this profession. If you have travel agency then you will have fixed charge for the visitors, but it is not all, about all the time clients give handsome reward to the travel agent/guide. And if you can satisfy them, you can&#8217;t even think that how much they can pay. Cause, tourists are always lavish.</li>
<li>A travel agent can gain huge knowledge about various places then any other. Not only the place but also travel agent always achieving information and knowledge of culture, behavior etc about various people and place by visiting with the tourists. And an agent can use this experience for something better in her later life. Such as we can see various traveling guide book of different experienced travel agents.</li>
<li>You also can receive this profession as a per-time or seasonal job. If you are a citizen of that type of place where tourists come in summer season, you can do your business in that particular time. Other, if you are student or doing other job then you can continue your job during your long holiday period.</li>
<li>Now come to the big issue to become a travel agent, today there is lot of institution from where you can make yourself as a successful travel agent. Others, by sitting home, you can become a travel agent via Internet which is cost-effective too.</li>
<li>Today there is lots of way to attract clients. And internet is the best way to making deal with you and your clients. You can easily promote your own travel business website which is the best way to get more clients.</li>
</ul>
<p>So it is high time to think about your career. For higher income it is a right decision to make you as a travel agent.</p>
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		<title>Cash Advance for Short-Period</title>
		<link>http://www.businessguideland.com/finance/cash-advance-for-short-period.htm</link>
		<comments>http://www.businessguideland.com/finance/cash-advance-for-short-period.htm#comments</comments>
		<pubDate>Sat, 06 Dec 2008 09:55:51 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Finance]]></category>

		<guid isPermaLink="false">http://www.businessguideland.com/?p=94</guid>
		<description><![CDATA[It is very common to get many cash advance stores, or payday loan centers tucked away in strip centers as well as along hectic highways across some states. Those are frequently an immense solution for anybody who needs access to a number of hundred dollars for a very short period of time for different emergencies. [...]]]></description>
			<content:encoded><![CDATA[<p>It is very common to get many cash advance stores, or payday loan centers tucked away in strip centers as well as along hectic highways across some states. Those are frequently an immense solution for anybody who needs access to a number of hundred dollars for a very short period of time for different emergencies. In this connection, many people now use cash advance loans to pay rent, cars repairing, cover utility bills, treatment, and travel to another city, or to meet some other short-term unexpected emergency expenses.</p>
<p>The enormous demand for this cash service is apparent by the rising number of payday loan centers over the last few decades. Moreover, people prefer the convenience of the stores and the simplicity with which they can easily get a loan as their requirement. On the other hand, a good number of the people use other option for their desire loan, and often those options become more expensive and complex to meet their short-term credit needs.</p>
<p>These days many companies offer such type of short term loan and this sort of loan is very simple to get. The reason of behind it, they will not check one&#8217;s credit so whether one gets good or bad credit. They offer the loan only on one&#8217;s income; that&#8217;s why; as long as one can ensure a fixed amount of money for per month, one will eligible for something. In a nutshell, it means that one is qualified to get the loan without any hassle and receive it as soon as possible. In addition to say, they will call for a checking account, that is in good standing, from you. On the other hand, few online companies now accept savings account, although those are a bit harder to get. But this is not such a big deal since most of the people have a checking account. Moreover, people are able to write any check for those to hold until they make their payment on the payday loan. So if you need money for short time period why makes you late, just take the advantage of <a title="cash advance" href="http://www.paydayone.com/" target="_blank"><strong>cash advance</strong></a> opportunity.</p>
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		<title>eToro - For your Forex Business</title>
		<link>http://www.businessguideland.com/investment/etoro-for-your-forex-business.htm</link>
		<comments>http://www.businessguideland.com/investment/etoro-for-your-forex-business.htm#comments</comments>
		<pubDate>Tue, 02 Dec 2008 08:50:30 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Investment]]></category>

		<guid isPermaLink="false">http://www.businessguideland.com/?p=88</guid>
		<description><![CDATA[With a daily transaction of over $3.2 trillion, the Forex market has quickly become the world&#8217;s biggest financial market. But trading in Forex trading market, it is specific hassle and tremendously risky job for a trader. It is a market allowed very narrow access to normal traders.
For giving more simple accessibility to the Forex traders, [...]]]></description>
			<content:encoded><![CDATA[<p><img title="eToro" src="http://www.businessguideland.com/wp-content/uploads/etoro.gif" alt="eToro" align="left" />With a daily transaction of over $3.2 trillion, the <a title="Forex" href="http://www.etoro.com/" target="_blank"><strong>Forex</strong></a> market has quickly become the world&#8217;s biggest financial market. But trading in Forex trading market, it is specific hassle and tremendously risky job for a trader. It is a market allowed very narrow access to normal traders.</p>
<p>For giving more simple accessibility to the Forex traders, the <a title="eToro" href="http://www.etoro.com/spanish/" target="_blank"><strong>eToro</strong></a> developed a pioneering Forex trading platform/software that amazingly simplifies the trading experience. eToro was launched in 2007 and is the invention of three young experts who wanted to bring revolution in the world of Forex business. So far in Forex trading it is the best option to reduce the complexity of Forex investing. For the new trader there are so many things to know and to analyze that it can be too much for someone who isn&#8217;t familiarized to that kind of investing. Even sometimes stock market investors also face problems learning Forex and then trying to trade at a profit. eToro has really abundant tools that make it easier for Forex traders to trade currencies. So for this, now it is the most user friendly and instinctive trading platform in the world.</p>
<p><a title="eToro" href="http://www.etoro.com/french/" target="_blank"><strong>eToro</strong></a> made a new look for Forex trading, a new design, and a new interface. They designed a visual trading platform that is easy to understand and easy to use. This easy to use platform permits you to use money to execute real-time trades with a click of a button, making the complex Forex trading world of international finance uncomplicated and interactive.</p>
<p>At last, it will be the great news for the traders that the revolutionize software can get fully free in the online. So, download it for free and start trading today.</p>
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		<title>Wholesale Diamond Prices Drop</title>
		<link>http://www.businessguideland.com/business-news/wholesale-diamond-prices-drop.htm</link>
		<comments>http://www.businessguideland.com/business-news/wholesale-diamond-prices-drop.htm#comments</comments>
		<pubDate>Tue, 02 Dec 2008 08:32:03 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Business News]]></category>

		<guid isPermaLink="false">http://www.businessguideland.com/?p=85</guid>
		<description><![CDATA[The specialists of different Chicago diamond companies declared they&#8217;ve seen wholesale prices for certain diamonds drop 30 percent in the last month. The wholesale prices of diamonds have fall not only for the jewel business, but all over the retail industry. Investment-grade diamonds drop even more hugely in price. Diamond industry experts warn of a [...]]]></description>
			<content:encoded><![CDATA[<p><img title="Diamond ring" src="http://www.businessguideland.com/wp-content/uploads/diamond-ring.jpg" alt="Diamond ring" width="346" height="242" align="left" />The specialists of different Chicago diamond companies declared they&#8217;ve seen wholesale prices for certain diamonds drop 30 percent in the last month. The wholesale prices of diamonds have fall not only for the jewel business, but all over the retail industry. Investment-grade diamonds drop even more hugely in price. Diamond industry experts warn of a possible 15% fall in diamond sales in North America next year, a 10% turn down in Europe and a 5% fall in Japan.</p>
<p>It is really great news for the normal consumers. Cause all over the world has a big demand of pure or natural diamond jewelry. The mostly attractive ornaments are <strong><a title="Diamond earrings" href="http://www.jamesallen.com/diamond-jewelry/diamond-earrings/" target="_blank">diamond earrings</a></strong>, rings and necklace etc. And there is a big desire to every man&#8217;s mind that, he will give a <a title="diamond rings" href="http://www.jamesallen.com/diamond-jewelry/diamond-rings/" target="_blank"><strong>diamond rings</strong></a> as an <a title="engagement rings" href="http://www.jamesallen.com" target="_blank"><strong>engagement ring</strong></a> to his bride. Almost every person&#8217;s life, this dream never come true only for the huge price of diamond jewelry. So the news about falling diamond wholesale price is real great for the normal consumers.</p>
<p>But the matter of regret that, wholesale prices dive, but no normal consumers yet get the good effect of falling price. Because the experts of this industry is so much conscious about the falling price. One of the main reason they have found that the excessive production of rough diamond is responsible for this problem. So now they try to fix this problem. Experts want to keep the high value of diamond for the consistency of diamond industry. Aim of this purpose, the forecasts prompted industry leaders to call an emergency meeting last week in Antwerp, Belgium, where diamond traders, polishers and producers announced plans to decrease production of rough diamonds.</p>
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		<title>Promote your Brand with a Mascot</title>
		<link>http://www.businessguideland.com/business-promotion/promote-your-brand-with-a-mascot.htm</link>
		<comments>http://www.businessguideland.com/business-promotion/promote-your-brand-with-a-mascot.htm#comments</comments>
		<pubDate>Sat, 22 Nov 2008 14:24:20 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Business Promotion]]></category>

		<guid isPermaLink="false">http://www.businessguideland.com/?p=81</guid>
		<description><![CDATA[A mascot can contribute to promote a brand. Moreover, it is helpful for marketing as well. Using a mascot for any company or to introduce a new brand is part of a marketing strategy and policy to further interact with your customers, clients and consumers. If truth be told, it is one of the greatest [...]]]></description>
			<content:encoded><![CDATA[<p><img title="mascot" src="http://www.businessguideland.com/wp-content/uploads/mascot.jpg" alt="mascot" width="215" height="320" align="left" />A mascot can contribute to promote a brand. Moreover, it is helpful for marketing as well. Using a mascot for any company or to introduce a new brand is part of a marketing strategy and policy to further interact with your customers, clients and consumers. If truth be told, it is one of the greatest ways to gain more customers or new consumers by using a <strong><a title="mascot" href="http://www.loonietimes.com" target="_blank">mascot</a></strong>, for your company, as a medium for physical and psychological communication with the different types of community.</p>
<p>You should be using a mascot in order to further distinguish your brand or trademark by having a profit-making character for your business. A mascot is not only used to interact with the different persons near your stores but also you are able to market it to further brand your business by creating different games (such as flash games, computer games, console games), a number of special commercials, various advertisements (both offline and online), new toys and some cartoons. In a nutshell, you can say a mascot is the corridor to further revive your brand.</p>
<p>On the other hand, the output you achieve from getting a mascot can be gigantic because nowadays mascots are not only just used for sports but also it is used for business companies in any event. As a result, with a very little time your company becomes familiar to the people who watch that event. Thus you can promote your brand or marketing easily with a mascot.</p>
<p>The <strong><a title="making of a mascot" href="http://www.loonietimes.com/makemascot.htm" target="_blank">making of a mascot</a></strong> is not too tough. You can make a marketable mascot easily with the help of some mascot making companies. They help to make you a mascot as your personal requirements. To know more about mascot and the companies you may search in the net.</p>
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		<title>Internet Companies will Cut More Jobs</title>
		<link>http://www.businessguideland.com/jobs/internet-companies-will-cut-more-jobs.htm</link>
		<comments>http://www.businessguideland.com/jobs/internet-companies-will-cut-more-jobs.htm#comments</comments>
		<pubDate>Wed, 19 Nov 2008 07:16:00 +0000</pubDate>
		<dc:creator>Robi</dc:creator>
		
		<category><![CDATA[Jobs]]></category>

		<guid isPermaLink="false">http://www.businessguideland.com/?p=76</guid>
		<description><![CDATA[One of the officials of Yahoo said, the company is likely to announce more job cuts when it would present its third-quarter profits next week. Yahoo! Inc. was founded by Jerry Yang and David Filo in January in the year of 1994 and was incorporated on 1, March, 1995.
It is a Worldwide American public corporation. [...]]]></description>
			<content:encoded><![CDATA[<p>One of the officials of Yahoo said, the <a title="company" href="http://www.directorymonster.org/internet/search_engine_optimization/seo_company/" target="_blank">company</a> is likely to announce more job cuts when it would present its third-quarter profits next week. Yahoo! Inc. was founded by Jerry Yang and David Filo in January in the year of 1994 and was incorporated on 1, March, 1995.</p>
<p>It is a Worldwide American public corporation. It headquarters is located in Sunnyvale, California in Silicon Valley, USA. The international network of Yahoo! websites receives 3.4 billion page visitors each day on average. It is the second most visited website over the U.S.A.; additionally, the most visited website around the world. To maintain worldwide service it has roughly 14,300 workers. But some people who familiar with the industry said Saturday, the worldwide Internet portal giant, yahoo, is likely to lay off at least as many workforces as it did in January, 2008, when it sacked 1,000 employees.</p>
<p>On the other hand, top online auction and <a title="shopping" href="http://www.directorymonster.org/shopping/" target="_blank">shopping</a> website eBay announced earlier this month to lay off 10% of its 16,000 employees, while leading <a title="search engine" href="http://www.directorymonster.org/internet/search_engine/" target="_blank">search engine</a> giant Google Inc, an American public corporation, apparently has been silently trimming its contractor employees though the authority declined to reveal how many contractors it has let go. It has total employees of approximately 30,000 people such as about 10,000 contractors and 19,604 full-time employees; as of 30, June 2008.</p>
<p>Some economist and industry analysts said that the Internet <a title="companies" href="http://www.directorymonster.org/business/companies/" target="_blank">companies</a>, which usually have large overhead, staff numbers, and high maintenance cost are bracing themselves for a tough economic and financial situation in fears of a worldwide recession so that they do not have to face any <a title="financial" href="http://www.financesteer.com/" target="_blank">financial</a> threat and achieve their highest earnings.</p>
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		<title>Importance of SWOT to Progress your Business</title>
		<link>http://www.businessguideland.com/business-guides/importance-of-swot-to-progress-your-business.htm</link>
		<comments>http://www.businessguideland.com/business-guides/importance-of-swot-to-progress-your-business.htm#comments</comments>
		<pubDate>Tue, 11 Nov 2008 06:28:51 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Business Guides]]></category>

		<guid isPermaLink="false">http://www.businessguideland.com/?p=71</guid>
		<description><![CDATA[Analyzing the strengths, weaknesses, opportunities, and threats (SWOT) of a business is a well-established tool that is widely used by academics, consultants, and advisors. Although it is a simple concept, business owners often struggle when trying to use it because it is so broad. It is difficult to determine where to start, what questions to [...]]]></description>
			<content:encoded><![CDATA[<p><img title="business man" src="http://www.businessguideland.com/wp-content/uploads/business-man.jpg" alt="business man" align="left" />Analyzing the strengths, weaknesses, opportunities, and threats (SWOT) of a business is a well-established tool that is widely used by academics, consultants, and advisors. Although it is a simple concept, <a title="business" href="http://www.allthelook.com/business_and_economy/" target="_blank">business</a> owners often struggle when trying to use it because it is so broad. It is difficult to determine where to start, what questions to ask, and where to focus. The obvious problems get attention while many other important issues get overlooked. SWOT analysis is a great tool, but its effective use requires additional structure.</p>
<p>Strengths and weaknesses relate to internal factors, while opportunities and threats cover external ones. The internal factors can be divided into five categories: management, workforce, sales and marketing, operations, and financial. The external factors are also divided into five categories: threat of new entrants, bargaining power of suppliers, bargaining power of customers, threat of rivalry from competitors, and threat of substitution.</p>
<p>To approach the analysis in a structured way, prepare a checklist using the categories mentioned above. Identify factors within each category that are important to your business. Under management for example, a major weakness for virtually every small business is relying too heavily on the owner. What would happen to the business if something happened to the owner? In the workforce category a factor could be employee turnover and the availability of new hires. The threat of new entrants might include the possibility of a big box retailer opening near your business. The bargaining power of suppliers and customers categories should consider the possibility of losing a major supplier or customer. Come up with several factors for each category to complete the checklist. It is important that you do not try to rate or solve each issue as you identify them. If you do, you will get bogged down on each factor and never complete the analysis.</p>
<p>Once the checklist is complete, you should rate each factor based on its importance to your business. Use an alphabetical scale from A to E, where A = very important, B = important, C = some importance, D = little importance, and E = not important. Next rate each factor based on proficiency (internal) or vulnerability (external). Use a numerical scale from 1 to 5, where 1 = very proficient or not vulnerable, 2 = proficient or little vulnerability, 3 = average proficiency or some vulnerability, 4 = poor proficiency or vulnerable, and 5 = deficient or very vulnerable.</p>
<p>The factors with the lowest letter and highest number (A5) are the biggest weaknesses or threats. The ones with the lowest letter and lowest number (A1) are the biggest strengths or opportunities.</p>
<p>Using this structured approach makes a SWOT analysis possible and practical for any <a title="small business" href="http://www.allthelook.com/business_and_economy/small_business/" target="_blank">small business</a>. To make this process worthwhile you must use this information to take action. Work to fix the worst problems first, prepare for the biggest risks, take advantage of the best opportunities, and build your secondary strengths.</p>
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		<title>Print your Company Logo in Stickers for Advertising</title>
		<link>http://www.businessguideland.com/business-promotion/print-your-company-logo-in-stickers-for-advertising.htm</link>
		<comments>http://www.businessguideland.com/business-promotion/print-your-company-logo-in-stickers-for-advertising.htm#comments</comments>
		<pubDate>Tue, 28 Oct 2008 16:18:53 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Business Promotion]]></category>

		<guid isPermaLink="false">http://www.businessguideland.com/?p=67</guid>
		<description><![CDATA[Promotion of your products or your own works is one of the best processes for your business. Since a longtime people take the help of advertising for his business. Famous Brand companies spend the highest amount of cost for their promotion.
The way of advertising is changing day by day. There is now a lot of [...]]]></description>
			<content:encoded><![CDATA[<p><img title="custom-made stickers" src="http://www.businessguideland.com/wp-content/uploads/custom-made-stickers.jpg" alt="custom-made stickers" width="379" height="216" align="left" />Promotion of your products or your own works is one of the best processes for your business. Since a longtime people take the help of advertising for his business. Famous Brand companies spend the highest amount of cost for their promotion.</p>
<p>The way of advertising is changing day by day. There is now a lot of way for the promotion of your company or your work or your product. There is no other easy and cost effective way than stickers for advertising. You can make your own choice able design for stickers. And today here are various companies who print any kind of <strong><a title="custom-made stickers" href="http://www.psprint.com/printing-products/custom-vinyl-stickers.asp" target="_blank">custom-made stickers</a></strong>. People have lot of think or plan on his mind. So he wants to expose it to other. A personal made design sticker exposes of company’s aim or your own creation to other.</p>
<p>One of the many benefits of digital printing is to even little companies be able to find professional labels in small enough quantities to make it economically feasible. Different digital printing processes allow printing custom prepared stickers affordably in little quantities. Let Lightning Labels help you or your company look professional with high quality custom made stickers and labels. And if you&#8217;re in a hurry then you will also get readymade logo or design for your companies.</p>
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		<item>
		<title>Iran Needs Investment for Oil Refining Industry</title>
		<link>http://www.businessguideland.com/investment/iran-needs-investment-for-oil-refining-industry.htm</link>
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		<pubDate>Fri, 24 Oct 2008 15:15:38 +0000</pubDate>
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		<category><![CDATA[Investment]]></category>

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		<description><![CDATA[While the world market fall and many developed country suffering from lack of investment; Iran, the world&#8217;s second biggest oil producer, has been looking for foreign investment for development of its oil and gas fields in order to ensure its energy security from big power monopoly and regional conflicts, claiming it has the safest route [...]]]></description>
			<content:encoded><![CDATA[<p>While the world market fall and many developed country suffering from lack of investment; Iran, the world&#8217;s second biggest oil producer, has been looking for foreign investment for development of its oil and gas fields in order to ensure its energy security from big power monopoly and regional conflicts, claiming it has the safest route for oil transport in this area.</p>
<p>Last Sunday, the official IRNA news agency reported, after addressing the opening session on Saturday of an energy conference in Tehran that would conclude on Sunday. Referring to the current turmoil in the Caucasus region (a geopolitical region located between Europe, Asia and the Middle East.), Iran&#8217;s Foreign Minister Manouchehr Mottaki said, &#8220;Iran is ready to cooperate with foreign companies and states to ensure its oil supplies against the (political) turmoil in the Caucasus&#8221;, he also said, that Iran insists upon security of oil supplies. Moreover he added that Iran is the safest and most economical route for piping oil and gas in the world. He also said:</p>
<blockquote><p>Iran can transfer the Caspian Sea oil to the Persian Gulf and free international waters via the shortest and best possible route.</p></blockquote>
<p>On the hand, Iran&#8217;s oil minister Gholam Hossein Nozari informed last Saturday investments worth more than $20 billion are needed for the country&#8217;s oil refining industry. The minister voiced Tehran&#8217;s readiness to &#8220;shake the hands which are able and would like to assist us.&#8221; He also added, Iran looks forward to doubling its current refining capacity of 1,750,000 barrels for each day. But do any foreign investors give their hand to develop its oil and gas field? While they always face threat of the UN and the USA economic sanctions for its nuclear program.</p>
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