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US sanctions

  • 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.

  • 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).