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US sanctions

  • EghtesadOnline: Iran’s top diplomat said an agreement can be reached with world powers over its nuclear deal if western parties have the will and intention to do so.

  • EghtesadOnline: A legal adviser to the European Union’s top court said a German company was wrong to terminate its contract with an Iranian bank if its only justification was concern about becoming entangled in US sanctions on Iran.

  • EghtesadOnline: Despite US sanctions and the outbreak of coronavirus, carpet exports have increased by 14% in the current fiscal year (March 2020-21), Farahnaz Rafe’, the chairwoman of Iran National Carpet Center, said on Wednesday.

  • EghtesadOnine: Following the reimposition of US sanctions in 2018, almost all foreign automotive partners pulled out of Iran. However, local technology companies gradually stepped in to fill the void.

  • EghtesadOnline: Despite restrictions resulting from US sanctions, the Central Bank of Iran provided $6.214 billion in subsidized foreign currency to import essential goods over seven months ending Oct. 21.

  • EghtesadOnline: President Hassan Rouhani called for promotion of economic relations with European states, stressing that bilateral trade should not be affected by the “illegal” and “unilateral” US sanctions.

  • EghtesadOnline: Foreign Minister Mohammad Javad Zarif said the United States’ attempt to return international sanctions on Tehran within a week is vain because Washington is not globally regarded as a party to the 2015 nuclear deal, formally called the Joint Comprehensive Plan of Action.

  • EghtesadOnline: Chevron Corporation reported on Friday a net loss of $8.3 billion for the second quarter on the back of impairment charges due to lower commodity price outlook and write-off its Venezuela operations due to the US sanctions.

  • EghtesadOnline: Iran’s auto part production sector is having a hard time procuring the raw material and key parts from foreign sources due to the restrictive US sanctions, an industry insider said.

  • EghtesadOnline: Iran's ambassador to India called on New Delhi and the rest of the international community to stand against the "unjust" American sanctions that are hurting millions of Iranians at a time of the coronavirus pandemic.