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Iran's EGFI Expands Operations to Support Regional Trade

EghtesadOnline: As reimposed US sanctions restrict Iranian banks, the Export Guarantee Fund of Iran is set to expand operations to better support the country's exports, especially with regional partners.
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Publish Date:11/November/2018 | 10:24

IMF: Iran Should Safeguard Stability in Face of US Sanctions

EghtesadOnline: The International Monetary Fund said on Thursday that Iran should implement policies to safeguard its macroeconomic stability after the reimposition of US sanctions that will cut Iranian economic growth by reducing oil exports.
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Publish Date:03/November/2018 | 06:21

Europe Warns Iran Sanctions Threaten Dollar Dominance

EghtesadOnline: European diplomats are warning that enhanced US financial sanctions against Iran run the risk of forcing the rest of the world to create alternative banking systems that could undermine the long-time dominance of the US dollar.
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Publish Date:31/October/2018 | 09:04

Iran: New Ministers Mandated to Help Revitalize Economy

EghtesadOnline: President Hassan Rouhani on Sunday issued separate decrees appointing new economy, cooperatives, industries and roads ministers in a reshuffle aimed at mustering support for major economic reforms, as the country faces a looming second wave of US sanctions .
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Publish Date:29/October/2018 | 07:58

SPV Operationalization "to Take Months" After Nov. 4 Unveiling

EghtesadOnline: A new European Union mechanism to facilitate payments for Iranian exports should be legally in place by Nov. 4, when the next phase of US sanctions hit, but will not be operational until early next year, three diplomats said.
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Publish Date:27/October/2018 | 09:35

US Sanctions Listing Could Harm Humanitarian Trade With Iran

EghtesadOnline: US sanctions intended to squeeze an Iranian voluntary force may have consequences for humanitarian efforts in the country because of its targeting of a bank, lawyers and analysts say.
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Publish Date:21/October/2018 | 05:54

US Sanctions Against Iran Ridicule Int'l Norms

EghtesadOnline: Foreign Ministry Spokesman Bahram Qasemi on Wednesday described the US’ fresh sanctions against banks and businesses as "psychological war" against the Iranian people.
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Publish Date:20/October/2018 | 09:32

Iran: SEO Working to Empower Capital Markets

EghtesadOnline: A range of new financial products, from Islamic bonds to warrants and insurance-linked securities, are being developed to help give local firms more funding options as US sanctions pile pressure on the economy.
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Publish Date:03/October/2018 | 05:36

Iran Eyes Development of Non-Ferrous Industries

EghtesadfOnline: Non-ferrous metals and mining industries in Iran have remained relatively underrated, considering their notable share of non-oil exports—a major focus for the country, especially in view of the reimposition of US sanctions .
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Publish Date:03/October/2018 | 05:30

Iran Energy Exchange to Start Trade in Oil Futures

EghtesadOnline: Iran Energy Exchange will launch crude oil futures from next week as part of a plan to facilitate oil exports as US sanctions targeting its energy sector in November draw nearer.
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Publish Date:02/October/2018 | 06:08

US Studying Potential Iran Sanction Waivers

EghtesadOnline: The United States is still studying possible waivers of sanctions against countries or businesses that continue commerce with Iran after Nov. 4, US Secretary of State Mike Pompeo said on Friday.
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Publish Date:16/September/2018 | 05:19

De-Dollarization Beneficial to Iran Trade Relations

EghtesadOnline: After Iran, Russia and Turkey, three regional allies hit by US sanctions , discussed a possible replacement of the US dollar by national currencies last week, business figures in Iran are now weighing in on the degree the plan can be implemented with success.
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Publish Date:16/September/2018 | 05:06

Europeans Exploring Payment System With Iran

EghtesadOnline: Germany and its European partners are considering setting up a payment system with Iran, which allows the continuation of business transactions with the Islamic Republic once US sanctions kick in, an economy ministry spokeswoman said on Friday.
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Publish Date:15/September/2018 | 05:24

Japan Ready to Suspend Iran Oil Imports in October

EghtesadOnline: Japan's major oil wholesalers are preparing to suspend crude oil imports from Iran in October, amid fears Washington will sanction countries importing Iranian crude, local media reported on Tuesday.
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Publish Date:05/September/2018 | 11:55

Undisclosed Oil Shipments Could Help Dodge Sanctions

EghtesadOnline: Iran may resort to various ways of reducing the impact of US sanctions on its oil exports and those tactics could include secret oil shipments without trackers on tankers, bartered trades, discounts and extended credit periods on oil sales, analysts say.
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Publish Date:05/September/2018 | 11:52