EghtesadOnline: The European Union is taking steps to protect EU companies investing in Iran from renewed American sanctions on Tehran after US President Donald Trump decided to unilaterally withdraw from the Iran nuclear deal late last month.
EghtesadOnline: Iranian President Hassan Rouhani on Sunday criticized U.S. “unliteralism” in withdrawing from the Iran nuclear deal and said he appreciated efforts by China and Russia to maintain the agreement.
EghtesadOnline: Notwithstanding the plans by the United States to impose fresh sanctions on Iran nuclear deal, India is all set to begin interim operations in the strategically important Chabahar Port project next week, Indian shipping ministry officials familiar with the development said.
EghtesadOnline: Governor of the Central Bank of Iran Valiollah Seif said the prospect of Iran and China using local currencies in bilateral trade will eliminate any difficulties arising from the fallout of the US decision to quit the nuclear deal Iran signed with world powers in 2015.
EghtesadOnline: Pergas Consortium is ready to fill the gap created by companies that will be forced to leave Iran's oil industry due to US sanctions that are set to return in a matter of months after Donald Trump withdrew from the country's nuclear deal with world powers, the company's managing director said.
EghtesadOnline: India will soon begin talks with Iran on a trade accord just as the US has turned hostile toward the Persian Gulf nation, threatening it with renewed sanctions after walking out of a nuclear accord with the country.
EghtesadOnline: China’s adeptness at doing business with Iran through state-owned companies not exposed to the American financial systems could make Beijing the big beneficiary of US President Donald Trump’s move to withdraw from the Iran nuclear deal and reimpose sanctions on foreign companies doing business with Tehran.
EghtesadOnline: After the US President Donald Trump scrapped the Iran nuclear deal earlier in May, much of the world has criticized the move, fearing that it could be harmful to international trade.
EghtesadOnline: China will host Iranian President Hassan Rouhani next month at a regional summit aimed at avoiding disruption of joint projects, its foreign ministry said on Monday, as major powers scramble to save Iran’s nuclear deal after the United States pulled out.
EghtesadOnline: In the face of Washington’s withdrawal from the historic nuclear deal with Tehran, Citroen’s CEO Linda Jackson says while waiting for the European Union to take a clear position on US sanctions and trade prospects, Citroen’s Iran strategy has not changed.