Electrification project in Iran not subject to US sanctions
The state railroad monopoly Russian Railways considers its project on the electrification of the railway in Iran completely civilian and not subject to US sanctions, the company’s CEO Oleg Belozerov said in an interview with Sputnik before the St. Petersburg International Economic Forum. Russian Railways has signed a contract and is preparing for the electrification of the […]
EU has legal tools to protect companies from US sanctions
France’s former spokesman of Foreign Ministry said in an interview with MNA that “EU has stated its firm intention to continue applying the JCPOA and keeping sanctions on Iran removed.” Marc Finaud, Former Senior Resident Fellow at the United Nations Institute for Disarmament Research (UNIDIR) adds “The US is threatening to apply ‘secondary’ sanctions to EU […]
European car-makers’ future in Iran after re-imposition of US sanctions
Despite US pullout from Joint Comprehensive Plan of Action (JCPOA), some foreign car manufacturing companies have determined to leave Iranian market but most of them especially European car manufacturers still insisting on continuing their cooperation with the Islamic Republic of Iran. Car manufacturing companies are different from other foreign companies in this respect. When foreign […]
EU vows to kickstart blocking statute against US sanctions on Iran
AEOI head Ali Akbar Salehi quoted EU’s top energy commissioner as saying that the bloc plans to reactivate a 1996 law that would prohibit European companies from abiding by US sanctions on Iran. Head of Atomic Energy Organization of Iran (AEOI) Ali Akbar Salehi held a joint press conference with European Energy Commissioner Miguel Arias […]
Europe to exempt its firms from US sanctions on Iran
Jean-Claude Juncker President of European Commission (EC) said, “we are preparing a legislation in order not to recognize US secondary sanctions imposed against European companies for cooperating with Iran.” For this purpose, European Union will enact a law to ban its companies from US sanctions imposed on Iran, Juncker maintained. Given the above issue, the […]
Iran strongly condemns US new sanctions against CBI governor
Iranian Foreign Ministry Spokesman Bahram Ghasemi has condemned the US new sanctions against Iran’s Central Bank head, calling them US reaction to worldwide condemnations against its JCPOA exit. Ghasemi added that the new United States sanctions were imposed after the US failure [in mobilizing the world against Iran] following its unilateral withdrawal from the nuclear deal […]
Russia’s Sukhoi Says to Sell SuperJets to Iran despite New US Sanctions
Russia’s Sukhoi Civil Aircraft said it would continue to cooperate with Iranian airlines within the framework of interim agreements on the delivery of SSJ100R passenger aircraft, despite the re-implosion of US sanctions against Iran. “The Sukhoi Civil Aircraft will continue to work with Iranian airlines under the preliminary agreements signed at the Eurasia Air Show […]
EU fails to agree new sanctions against Iran
TEHRAN – The European Union has failed to agree new sanctions against Iran amid fears that punishing Tehran for its missile program would not stop U.S. President Trump from abandoning a separate nuclear deal, according to Euronews. The EU is eager to safeguard the nuclear pact, under which Tehran agreed to curb its nuclear program […]
ECO Member States slam unilateral economic sanctions
The Economic Cooperation Organization at the 23rd Meeting of Council of Ministers (COM) has categorically condemned unilateral economic sanctions that hinder free trade among nations. The 23rd Meeting of Council of Ministers (COM), as the highest policy and decision-making body of ECO, kicked off in Tajikisitan’s capital Dushanbe on Tuesday, attended by foreign ministers of Iran, […]
Telegram bars Iranians from buying Gram cryptocurrency over sanctions
People who are on the sanctions list of the US, UK, European Union or United Nations, including Iran, will not be allowed to take part in Telegram Open Network initial coin offerings (ICOs) and will be forbidden from buying Gram cryptocurrency by the official Telegram group investor agreement, Russian news agency RBC reports. The ban […]