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Iran Joins Forces With Latam States to Thwart US Sanctions

EghtesadOnline: Iran’s President Ebrahim Raisi concluded last month in Havana a visit to Venezuela, Nicaragua and Cuba that aimed to denounce the US sanctions suffered by the four countries and the imperialist policy and to create new economic and commercial agreements to promote the development of their peoples.
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Publish Date:04/July/2023 | 22:16

$6.2 Billion in Subsidized Forex for Basic Goods

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.
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Publish Date:31/October/2020 | 13:03

$6.2 Billion in Subsidized Forex for Basic Goods

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.
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Publish Date:31/October/2020 | 13:03

Call for Enhancing Trade Ties With Europe

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 .
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Publish Date:30/September/2020 | 14:36

US Sanctions Snapback Bid Downplayed as Vain

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.
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Publish Date:19/September/2020 | 24:51

Chevron Corp Books Worst Loss Since 1989 as Oil Prices Crash

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 .
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Publish Date:02/August/2020 | 14:00

Tough Times Ahead for Iran Auto Parts Makers

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.
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Publish Date:28/July/2020 | 11:57

HRW Calls for US Sanctions Relief to Help Iran’s COVID-19 Response

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).
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Publish Date:06/April/2020 | 22:43

EU Sells Medical Goods via INSTEX

EghtesadOnline: European companies exported medical supplies to Iran as part of a mechanism set up to circumvent US sanctions .
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Publish Date:04/April/2020 | 21:36

Swiss Companies Keen on Joining Export Channel to Iran

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.
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Publish Date:09/March/2020 | 09:01

Italian Banks Single Out Iranians

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.
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Publish Date:15/February/2020 | 13:13

INSTEX: An Instrument Only on Paper

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.
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Publish Date:02/February/2020 | 24:23

Economic Reforms Needed to Withstand US Sanctions

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?
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Publish Date:20/January/2020 | 13:34

Impact of US Sanctions on Iran Steel, Iron Exports Limited

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.
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Publish Date:18/January/2020 | 24:49

Hemmati Defends Currency Control Policy

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.
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Publish Date:18/January/2020 | 24:30

Swiss-Iran Trade Channel Planned

EghtesadOnline: A humanitarian channel for food and medicine export to Iran should be launched in the coming months, senior Swiss and US officials told Reuters, helping supply Swiss goods to the Iranian people without tripping over US sanctions .
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Publish Date:14/December/2019 | 13:04

Rouhani Submits Budget Bill

EghtesadOnline: President Hassan Rouhani submitted the budget bill for the upcoming Iranian year (March 2020-21) to the parliament on Sunday which, he said, is indicative of the country’s tenacity and resistance in the face of US sanctions .
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Publish Date:09/December/2019 | 10:58