Sanctions ‘blessing in disguise’ for Iran to unlock potentials
Months have passed since US President Donald Trump started his hawkish game against the Islamic Republic, but Tehran is still finding ways to sidestep the effects of the sanctions and push its plans forward in the oil and gas sector. Trump administration wished to choke off Iran’s strategic energy sector by scaring off the international […]
Tehran, Bern developing payment channel to bypass US sanctions
A special financial mechanism aimed at maintaining trade ties between Switzerland and Iran is ready for implementation, according to Sharif Nezam-Mafi, the head of the Iran-Switzerland joint chamber of commerce. He told IRNA that the clearing house will be used to facilitate Iran’s oil transactions with its major Asian crude customers – namely India, China […]
EU says will not allow U.S. to determine its trade ties with Iran
The high representative of the European Union for foreign affairs and security policy says the United States cannot impose its policies on the 28-nation bloc’s legitimate trade relations with Iran. “We Europeans cannot accept that a foreign power – even our closest friend and ally – makes decisions over our legitimate trade with another country,” […]
India to continue to import Iranian oil despite US sanctions
In spite of US sanctions imposed on Iran, India will continue to import oil from Iran. “We have had several rounds of meeting with Iran and several other stakeholders. I can tell you that India continues to import oil from Iran. We have got a waiver in this regard and we will continue to be engaged with all the stakeholders as far as matters […]
Taiwan hopes for Iran oil sanction waiver
Taiwan was waiting to see whether it was one of the ‘eight jurisdictions’ expected to receive waivers to continue buy oil from Iran despite sanctions from the United States. Donald Trump is scheduled to reimpose measures against Iran’s energy, shipping, shipbuilding and financial sectors on November 5, but eight countries were expected to be left […]
Iranian nation to thwart Trump’s plans: Larijani
Parliament Speaker Ali Larijani said in an open session of the parliament on Sunday that the U.S. has been interfering in Iran’s internal affairs for more than 80 years, however the Iranian nation has always defused conspiracies, the Mehr news agency reported. “Yesterday, the great leader of Islamic Revolution referred to three important events whose […]
Never Threaten Iran, IRGC Chief Warns Trump
Commander of the Islamic Revolution Guards Corps (IRGC) Major General Mohammad Ali Jafari warned US President Donald Trump not to threaten Iran, highlighting a litany of US defeats in confrontation with the Islamic Republic. “Mr. Trump! Do not ever threaten Iran,” Major General Jafari said in a gathering of demonstrators marking the anniversary of US […]
VP urges taking advantage of free zones’ potential in sanctions era
First Vice President Es’hagh Jahangiri said that free and special economic zones enjoy high capacities and are a great opportunity for the development of the country. Free and special economic zones can play a leading role in sanctions period, the issue of which should be taken into consideration, Jahangiri noted. Speaking in a meeting of […]
Iran could turn to cryptocurrencies to evade some sanctions
Brigadier General Gholamreza Jalali, the head of Iran’s Passive Defense Organization, has said “cryptocurrencies are untraceable in the financial and monetary system of each country, but internationally they can provide us with great opportunities.” He told the state Channel 2 News on Monday that passive defense is “deceptively simple”, since we are always faced with threats in […]
‘Iraq to prioritize own interests regarding Iran sanctions’
New Iraqi Prime Minister Adel Abdul-Mahdi said on Thursday that Baghdad will prioritize its own interests and independence when it comes to implementing unilateral U.S. sanctions on Iran. “We want to secure Iraq from any interference in issues, affairs of other countries, whether it’s a neighboring country or it’s any other country in the world,” […]