EghtesadOnline: Work on setting up a special purpose vehicle for business with Iran is taking longer than expected, a German government spokesman said on Wednesday.
EghtesadOnline: Banking for companies that do business with Iran–as well as for Iranians themselves–is likely to get even more complicated in the near future.
EghtesadOnline: European firms that stop doing business with Iran because of reimposed US sanctions could in turn be sanctioned by the EU, a special adviser to the 28-country bloc’s top diplomat has warned.
EghtesadOnline: China and Germany defended their business ties with Iran on Wednesday in the face of President Donald Trump’s warning that any companies trading with the Islamic Republic would be barred from the United States.
EghtesadOnline: US President Donald Trump on Tuesday said sanctions reimposed on Iran were the “most biting ever”, as he warned other countries from doing business with Tehran.
EghtesadOnline: Federica Mogherini, the European Union foreign policy chief, said the EU is encouraging enterprises to increase their business with Iran, as the country has been compliant with their nuclear-related commitments.
EghtesadOnline: Germany will continue to offer export and investment guarantees for companies doing business with Iran, its economy ministry said on Monday, adding that Berlin remained in dialogue with the US on exemptions for German companies from Iran sanctions.
EghtesadOnline: The United States threatened on Sunday to impose sanctions on European companies that do business with Iran, as the remaining participants in the Iran nuclear accord stiffened their resolve to keep that agreement operational.