EghtesadOnline: The Human Rights Watch on Monday called on the United States to ease its sanctions on the Iranian economy to facilitate the country’s adequate response to the mounting health consequences of the coronavirus pandemic (COVID-19).
EghtesadOnline: European companies exported medical supplies to Iran as part of a mechanism set up to circumvent US sanctions.
EghtesadOnline: A Swiss channel to export food and medicine to Iran without running foul of US sanctions is off to a good start, with dozens of companies keen to take part, a senior Swiss government official said on Saturday.
EghtesadOnline: Iran’s foreign trade is struggling to cope with political and economic challenges, as well as the deteriorating economic situation caused by US sanctions, special commercial circumstances and mounting operating costs, to drive down overall spending.
EghtesadOnline: Iran has freed a German citizen sentenced to three years in prison, the judiciary said on Tuesday, a day after Tehran said a detained Iranian accused of violating US sanctions returned home from Germany.
EghtesadOnline: Several Italian banks have closed or imposed restrictions on accounts held by Iranians citing the US sanctions, and in the process creating financial difficulties for those affected.
EghtesadOnline: Exactly one year ago the foreign ministers of France, Germany and the UK created the so-called Instrument for Supporting Trade Exchanges (INSTEX) to facilitate legitimate trade with Iran without violating the US economic sanctions. Since then absolutely nothing has happened.
EghtesadOnline: What if American sanctions remain in place for the next year? Will their effects be any worse than what was experienced in the past two years? How is it possible to enhance economic stability under sanctions?
EghtesadOnline: Fresh US sanctions against Iranian steel exports are likely to have little impact because pricing remains attractive to Asian buyers, Iran-based sources told S&P Global Platts.
EghtesadOnline: Governor of the Central Bank of Iran says the bank has had at its disposal few policy options to address problems that have plagued the economy for years and came to the surface after the US imposed new sanctions in late 2018.