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: Failure to ratify laws demanded by the global anti-money laundering watchdog will adversely affect Iran's economy, as it will help forge an international front against the country in the economic field, a political analyst says.
EghtesadOnline: Iran would have to pay a heavy price if it fails to implement standards set by the global anti-money laundering watchdog, says an expert on international affairs, who believes that the Islamic Republic should serve as an example for other countries in combating corruption.
EghtesadOnline: A decision by six more European countries to join the EU financial mechanism set up to facilitate trade with Iran is aimed at creating optimism and will unlikely be effective, a former diplomat says.
EghtesadOnline: Six European countries, namely Belgium, Denmark, Finland, the Netherlands, Norway and Sweden announced in a joint statement on Friday their intent to join the Instrument in Support of Trade Exchanges (INSTEX), designed to facilitate trade with Iran.
EghtesadOnline: Iran's refusal to implement standards set by the global anti-money laundering watchdog will only play into the hands of the United States that is seeking further pretexts to build up pressure on Tehran, a political analyst said.
EghtesadOnline: Japan said on Friday it will not join any US coalition to protect merchant vessels in Middle East waterways, but will instead send a separate force of ships and planes to guard ships supplying Japan from the key oil-producing region.
EghtesadOnline: As Iranian electricity and telecommunication companies move toward scrapping paper billing and switching to an electronic system, other utility companies, along with Tehran Municipality, have also adopted the same policy.
EghtesadOnline: The new head of INSTEX, Michael Bock, who was in Tehran this week, says some small European banks are willing to join the barter trade mechanism.
EghtesadOnline: Japan will not join a US-led security mission to purportedly protect merchant vessels passing through key Middle Eastern waterways, but will consider deploying its naval force independently, the Yomiuri newspaper reported on Tuesday.