EU has set up $80b fund for SMEs doing business with Iran: report
TEHRAN – Mohammad-Hossein Adeli, the former secretary general of the Gas Exporting Countries Forum (GECF), has said that the European Union has established an $80 billion fund to give credit to small and medium enterprises doing business with Iran, the Persian language Hamshahri newspaper reported on Wednesday. “European authorities are seriously interested in resisting U.S. […]
EU needs to back up words with actions: Zarif
In an interview with Euronews, Iranian FM Mohammad Javad Zarif said that Iran needs Europeans to put their political commitment to JCPOA into action, adding that EU is “underestimating” its power in regional peace and security. “What we need from the Europeans is both the political commitment, which they have made, now we need to […]
EU, China reaffirm commitment to Iran deal
TEHRAN – The European Union (EU) and China issued a joint statement reaffirming their commitment to the Joint Comprehensive Plan of Action (JCPOA), also known as the Iran nuclear deal which was struck back in 2015, according to the EU website. The statement was released after meeting of European Council President Donald Tusk, European Commission […]
EU takes anti-Trump trade show to China and Japan
The European Union’s top officials will meet the leaders of China and Japan next week to boost ties in the face of fears that US President Donald Trump will spark an all-out global trade war. The trip by EU Council President Donald Tusk and Commission head Jean-Claude Juncker includes the signing of a free trade […]
EU’s proposed ‘JCPOA package’ to Iran returned for further reforms
Parliament National Security Commission Member Abolfazl Hassan-Beygi said that a package proposed by the Europe to Iran has been returned for doing necessary corrections. The draft of EU’s proposed package is provided available to the senior diplomats at the Iranian Foreign Ministry, he maintained. For this reason, the proposed package was supposed to be returned […]
EU’s package of proposals does not cover all of Iran’s demands
Iranian President Hassan Rouhani in a phone conversation with French President Macron said the EU’s package of proposals to compensate for US sanctions does not cover all of Iran’s demands. In a telephone conversation with the President of France Emmanuel Macron on Thursday, President Hassan Rouhani described France’s attempts to preserve the nuclear deal as […]
EU is taking steps to protect companies in Iran
The European Union is taking steps to protect EU companies investing in Iran from renewed U.S. sanctions on Tehran after U.S. President Donald Trump pulled out of the 2015 nuclear deal. According to an article published by New Europe weekly on Monday, the European Commission said it has adopted an update of the Blocking Statute […]
War of Tariffs: Hidden aspects of an open game
TEHRAN – The U.S.-EU conflict over the United States announced tariffs on steel and aluminum imports from Canada, Mexico and the EU has entered a new phase. The tariffs, which took effect from Friday, will end a two-month exemption for the U.S. allies. Accordingly, Jean-Claude Juncker, President of the European Commission said: “This is a […]
Ex-Austrian chancellor: EU should stand against U.S. exit from nuclear deal
Former Austrian Chancellor Wolfgang Schuessel has said that the European Union, Russia and China should stand against the U.S. unilateral withdrawal from the 2015 nuclear deal and defend international legal norms by challenging the decision in the UN and World Trade Organization (WTO). “Europe, Russia, China, international traders should stand up and challenge the American […]
European Commission committed to continue Iran-EU co-op
TEHRAN – The European Commission is committed to continuing the sectorial cooperation between the EU and Iran, be it on environment, climate action or on energy, the EC said in a statement. The withdrawal of the United States in May from the nuclear deal, officially called the Joint Comprehensive Plan of Action (JCPOA), might have significant impact on the […]