Rezaie warns of ‘ambiguities’ in FATF guidelines
Expediency Council Secretary Mohsen Rezaei highlighted that there are many ambiguities in FATF guidelines. “While there exist many questions and ambiguities about FATF guidelines, it is expected from the government to prevent the country from sinking into a new quagmire,” he wrote Saturday on his Instagram account. FATF watchdog extended Iran’s deadline for four months […]
Iran’s Central Bank Says to Introduce Company for Facilitating INSTEX
The Central Bank of Iran (CBI) announced that it will soon name a company in the country for facilitating cooperation with the European Union based on its financial mechanism for trade with Iran known as the Instrument in Support of Trade Exchanges (INSTEX). In a statement released on Saturday, the CBI’s public relations department said […]
IRENEX to gain, but not overnight: Zanganeh
Oil Minister Bijan Namdar Zanganeh says efforts for offering crude at Iran Energy Exchange (IRENEX) will finally pay off, but the bid needs time. Speaking to ICANA on Saturday, Zanganeh said IRENEX is expected to gain but the efforts may take a while to come into fruition. “The Oil Ministry continues to offer crude at […]
Countries building wall around themselves destined to fail
Iranian President Hassan Rouhani said that countries which build walls around themselves will be destroyed from inside and will achieve no progress. He made the remarks Saturday in a meeting with heads of knowledge-based companies and startups in Tehran. Pointing to Trump’s administration insistence on building physical walls along its southern borders, Rouhani said, “they […]
FATF Extends Suspension of Iran Countermeasures Until June
the anti-money laundering body, the Financial Action Task Force announced on Friday that it has extended the suspension of countermeasures against Iran for another four months, recognizing the country’s efforts in meeting its Action Plan. “The FATF decided at its meeting this week to continue the suspension of counter-measures. While welcoming the passage of the […]
Oxygen-18 to import currency to Iran; AEOI head
The head of the Atomic Energy Organization of Iran (AEOI), Ali-Akbar Salehi, said Oxygen-18, a natural isotope of oxygen, which has its uses in the medical industry, will import currency to Iran. Speaking to reporters on Saturday while visiting an exhibition on technology and industry in Tehran, Salehi expressed gratitude towards young Iranian scientists for […]
Trump loves surprises, so we’ll entertain him: FM Zarif
Iranian Foreign Minister Mohammad Javad Zarif said Tehran’s response to blunt the impact of US sanctions will come as a ‘surprise’ to US President Donald Trump. Zarif made the remark in an interview with the Swiss newspaper Basler Zeitungpublished on Thursday, while answering a question on Washington’s efforts to cut down Iran’s oil exports. He said the effort […]
Tehran-Beijing Ties to Remain Unchanged Regardless of Global Changes
Chinese President Xi Jinping emphasized that his country’s plan to enhance its “comprehensive strategic partnership” will remain unchanged irrespective of global and regional developments. “No matter how the international and regional situations change, China’s resolve to develop comprehensive strategic partnership with Iran will remain unchanged,” Xi said on Wednesday in a meeting with Iranian Parliament […]
Iran’s Zarif Cautions Israel against Adventurism
Iranian Foreign Minister Mohammad Javad Zarif warned the Israeli regime that its “dangerous” adventurism in the bombing of Syria could result in a military conflict in the region. “There is adventurism on Israel’s side, and adventurism is always dangerous,” Zarif said in an interview with the Sueddeutsche Zeitung newspaper published on Wednesday. Iran is in […]
China urges India, Pakistan to ‘exercise retraint’
China, a regional giant, has urged two estranged neighbors Pakistan and India to exercise restraint and conduct dialogue to achieve resolution of outstanding issues. The statement comes in the wake of deadly terror attack in Indian-controlled Kashmir that has again derailed relations between the two countries, bringing them on the brink of war. “Pakistan and […]