Rasul Ranjbaran, a member of the Board of Directors of the Chamber of Commerce of Iran and Germany, says it is predicted the trade between Iran and Germany to fall by 30 percent by the yearend because of sanctions.

General Secretary of Iran-Italy Joint Chamber of Commerce Ms. Lida Shahabi says private sector in Italy is increasing pressure on Italian government to launch a financial mechanism with Iran to increase economic ties between both states.

Head of Iran Export Confederation says India was once one of the top five export destinations of Iran but it has been replaced by Turkey and urged Iran’s Foreign Ministry to remove hurdles in way of exports to this country.

TEHRAN (Iran News) – A channel aimed at easing export of food and medicine to Iran following Europe’s failure to make INSTEX operational could be “up and running within months”, senior Swiss and US officials told Reuters. Pascale Baeriswyl, Swiss state secretary for foreign affairs, and US Ambassador Edward McMullen spoke in separate interviews in […]

TEHRAN (Iran News) – Iranian foreign minister Mohammad Javad Zarif said Monday that the possibility exists for the implementation of INSTEX – an EU financial mechanism meant to circumvent US sanctions on Tehran – in the future. “There is the possibility that the INSTEX will be implemented in the future through inking a memorandum of […]

TEHRAN (Iran News) – While welcoming the six new members, including Sweden, in a non-dollar trade mechanism aimed to circumvent US sanctions against Iran, Foreign Minister Mohammad Javad Zarif has criticized Stockholm for yielding to Washington’s bullying and stopping to sell Tehran EB patients medicine to treat them. Speaking on the sidelines of a cabinet […]

Switzerland Ambassador to Tehran Mr. Markus Leitner says his country is to launch a new financial mechanism for exchange of humanitarian goods with Iran.

Spokesman for the Atomic Energy Organization of Iran (AEOI) Behrouz Kamalvandi has reacted to a statement by three major European countries on the JCPOA.

TEHRAN (Iran News) – Israeli Prime Minister Benjamin Netanyahu has slammed Europeans for joining INSTEX mechanism aimed at maintaining trade with Iran despite US sanctions. In a video released on Sunday, Netanyahu said European countries “should be ashamed of themselves” for pursuing trade with Iran, claiming that they were enabling Tehran “to develop nuclear weapons”. […]

TEHRAN (Iran News) – Chinese Deputy Foreign Minister Ma Zhaoxu has called on European countries to expedite the INSTEX trade mechanism implementation for Iran while urging the US to return to the nuclear deal and lift sanctions against Iran. He made the remarks on urging parties to expedite INSTEX implementation in a joint press conference […]