US sanctions - page 14

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Hemmati Sees Positive Side of Things

EghtesadOnline: The Governor of the Central Bank of Iran Abdolnasser Hemmati says by implementing the tenets of the Resistance Economy in the new fiscal year (started March 21), the country can reduce the negative impact of unilateral US sanctions on the economy.
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Publish Date:06/April/2019 | 15:03

Stronger Trade With Neighbors Should Take Precedence

EghtesadOnline: Iranian leaders should pursue deeper economic ties with neighboring countries, particularly Iraq, instead of obsessing over a European trade vehicle conceived as a way to avert US sanctions against Tehran, an economic analyst said.
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Publish Date:19/March/2019 | 24:16

Oil Ministry Denies Ex-President’s Claims

EghtesadOnline: Dismissing allegations by former president Mahmoud Ahmadinejad over mismanagement in the energy sector, the Oil Ministry said despite difficulties created due to the new US economic sanctions, revenues from oil exports have been received by the treasury.
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Publish Date:13/March/2019 | 14:35

Iranian Carmaker Says Cannot Deliver Presold Renaults

EghtesadOnline: Pars Khodro, a subsidiary of Iranian car company SAIPA, reportedly presold 36,000 Renault cars which it now says it cannot deliver because the new US sanctions have disrupted the supply of parts.
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Publish Date:10/March/2019 | 13:10

Erdogan: Turkey Ready to Launch Own SPV for Iran

EghtesadOnline: Turkish President Recep Tayyip Erdogan said his country is "ready" to set up its own trade mechanism with Iran, allowing companies from the two neighboring countries to continue with their "legitimate" business amid the hostile US sanctions .
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Publish Date:16/February/2019 | 11:32

Indian Refiners Eye Modest Inflow of Iranian Oil

EghtesadOnline: Indian refiners are increasingly optimistic on winning another round of waiver to continue buying Iranian oil, at reduced levels, as New Delhi has put forward a strong case to Washington that it will not be able to afford zero Iranian crude, delegates attending a three-day petroleum conference in New Delhi said.
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Publish Date:12/February/2019 | 13:17

Japan Refiner to Resume Loading Iran Crude

EghtesadOnline: Japan's largest refiner JXTG Nippon Oil & Energy is set to resume loading of Iranian crude oil as early as Monday, almost three months after the US sanctions waiver was granted.
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Publish Date:05/February/2019 | 15:23

Chery Unveils Arizzo 6 in Tehran

EghtesadOnline: Despite the new US sanctions and economic challenges Iran is facing, Chinese carmaker Chery, is not only sustaining ties with the country but has also launched a new model in the fledgling auto market.
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Publish Date:03/February/2019 | 14:31

Iran Welcomes EU's "Belated" Move to Open Payment Channel

EghtesadOnline: Officials in Tehran welcomed the creation of a channel with Iran called INSTEX by Europe, to help continue trade and circumvent unilateral US sanctions re-imposed after Washington withdrew from the international 2015 atomic deal signed with Iran in 2015.
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Publish Date:02/February/2019 | 15:14

EU's Iran Payments Vehicle Ready, But Hurdles Remain

EghtesadOnline: A payment mechanism the EU hopes will save the Iran nuclear deal by bypassing US sanctions is ready, diplomats said on Monday, but is held up by disagreements among European countries.
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Publish Date:30/January/2019 | 10:53

Progress on EU’s Trade Vehicle Can Keep Mutual Trust Alive

EghtesadOnline: Iran’s nuclear chief says progress in efforts by the European Union to facilitate trade with the country despite US sanctions would be an “encouraging” sign that can help keep the trust between Tehran and Europe alive.
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Publish Date:28/January/2019 | 13:51

EU Will Unveil SPV on Monday

EghtesadOnline: The European Commission said it’s seeking to launch “very soon” a special purpose vehicle to help European companies bypass US sanctions on Iran, with three European diplomats saying the official unveiling could come as early as Monday.
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Publish Date:26/January/2019 | 08:54

Central Bank of Iran Official: Blockchain No Solution for Sanctions

EghtesadOnline: In light of the new round of US sanctions , there is speculation that authorities in Tehran may seek to circumvent the hostile economic restrictions with the help of blockchain and other financial and monetary technologies.
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Publish Date:22/January/2019 | 15:09

China Offers NIOC $3b Oil-Field Deal

EghtesadOnline: China’s state-run energy giant is making a new approach to strike a $3 billion Iranian oil field, seeking to take advantage of waivers allowed under US sanctions even as two European nations have ended crude purchases, according to people familiar with the matter.
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Publish Date:19/January/2019 | 24:22

Traders Fear Europe's SPV May Not Fend Off US Sanctions on Iran

EghtesadOnline: As Iranian traders (and more broadly Europeans) wait for the launch of the long-awaited special purpose vehicle by European powers, some businesses fear that the trade mechanism may after all fail to shield Iran’s trade from the long reach of US sanctions .
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Publish Date:16/January/2019 | 13:04

Hope on SPV Has Not Faded Away

EghtesadOnline: Iran is displeased with the European Union for its delay in launching a financial payment channel to circumvent the United States sanctions, but has not yet completely lost hope of the plan’s eventual implementation, a senior diplomat said.
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Publish Date:15/January/2019 | 14:55

Car Buyers in Iran Get a Raw Deal

EghtesadOnline: Due to the new US sanctions and the economic headwinds, production of poor quality and outdated (but apparently affordable) vehicles like SAIPA’s Pride cannot be banned, head of Iran Standard and Quality Inspection Company (ISQI) says.
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Publish Date:13/January/2019 | 14:32

Iran, Iraq Explore Ways to Expand Energy Ties

EghtesadOnline: Iraq and Iran are exploring ways to develop two shared oilfields despite US efforts to isolate Tehran from global oil markets.
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Publish Date:12/January/2019 | 14:00

EU: Work on SPV Advancing Well

EghtesadOnline: The European Union says work is continuing to set up a special payment mechanism to facilitate trade with Iran and sidestep US sanctions against Tehran.
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Publish Date:09/January/2019 | 24:29

Iranian E-Commerce Unionist Reviews US Sanctions: Interview

EghtesadOnline: In an interview with the Financial Tribune, secretary of Iran E-Commerce Union Shayan Shalileh has discussed the impact of US-imposed sanctions on local startups and online businesses and reviewed the performance of ICT Minister Mohammad Javad Azari Jahromi.
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Publish Date:08/January/2019 | 15:24