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Official: Carpet Exports Rise 14%

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.
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Publish Date:20/February/2021 | 16:16

India Urged to Withstand Unjust US Sanctions

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.
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Publish Date:18/April/2020 | 14:17

Iran’s Trade Landscape in Next Fiscal Year

EghtesadOnline: Iran’s foreign trade is struggling to cope with political and economic challenges, as well as the deteriorating economic situation caused by US sanctions , special commercial circumstances and mounting operating costs, to drive down overall spending.
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Publish Date:29/February/2020 | 05:58

Jailed German Freed in Swap Deal

EghtesadOnline: Iran has freed a German citizen sentenced to three years in prison, the judiciary said on Tuesday, a day after Tehran said a detained Iranian accused of violating US sanctions returned home from Germany.
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Publish Date:19/February/2020 | 11:09

Analysis: Agenda Lost to Propaganda

EghtesadOnline: Sincere stakeholders, in the anti-FATF camp in Tehran, say now is not the time to embrace the Financial Action Task Force rules. Their argument is premised on the reality that the country is saddled with tough US sanctions and that the limited foreign trade and transactions would be jeopardized by the watchdog’s oversight.
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Publish Date:29/December/2019 | 11:57

New Measures Needed to Support Reinsurance Sector

EghtesadOnline: New US sanctions and major reinsurance companies' aversion to play their proper role has deprived the country of the ability to transfer major risks outside its borders and to the top international players in the key sector.
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Publish Date:16/November/2019 | 24:19

Britain Exploring Ways of Mitigating Iran's Economic Situation

EghtesadOnline: Although the effects of American sanctions on Iran's economy cannot be negated, Britain is cooperating with Tehran in good faith to find ways to mitigate the situation, a British diplomat said.
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Publish Date:04/November/2019 | 07:59

More Afghans Migrating to Europe From Iran

EghtesadOnline: More Afghans than Syrians have migrated to the European Union so far this year, official data show, making them the largest group of foreign citizens illegally entering the bloc, with many relocating from Iran partly due to the economic problems caused by US sanctions .
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Publish Date:16/October/2019 | 11:34

Iranian Auto Parts Makers, SMEs Sign $100m Deal

EghtesadOnline: Major Iranian auto parts manufacturers have recently signed a contract worth 12 trillion rials (over $100 million) with 32 local SMEs as part of a push to provide some relief to the country’s auto industries that have been hard-pressed by US sanctions .
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Publish Date:08/October/2019 | 24:49

Iran Water Industry Counting the Cost of US Sanctions

EghtesadOnline: Economic sanctions imposed by the US against Iran has hurt the water and wastewater industry, similar to many other sectors, participants in this year's International Water and Wastewater Exhibition in Tehran say.
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Publish Date:06/October/2019 | 14:17

Tehran Bourse Outstrips Global Rivals

EghtesadOnline: The stock market in Iran, for a long time dogged by US sanctions , has notched up a notable achievement: ranking among the world’s best performing over the past 12 months.
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Publish Date:05/October/2019 | 24:55

Sri Lanka Ready to Resume Tea Exports to Iran From August

EghtesadOnline: A discussion was held by Sri Lanka's Plantation Industries Minister Navin Dissanayake on Thursday for resuming tea export to Iran, which was constrained by US sanctions on the latter.
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Publish Date:27/July/2019 | 24:12

Dutch Embassy in Tehran Hosts Business Forum

EghtesadOnline: The Dutch Embassy in Tehran brought together businesspeople from Iran and the Netherlands on Wednesday to reinforce commercial and financial ties between the two sides, amid tightening US sanctions against Iran.
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Publish Date:22/June/2019 | 09:59

SPV Delay to Inflict Bigger Economic Cost

EghtesadOnline: The Special Purpose Vehicle, a dedicated non-dollar payment channel created by Europe to keep trade flowing with Iran in defiance of US sanctions , is likely to be launched soon.
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Publish Date:16/December/2018 | 13:09

Iran Commerce Chamber Urges Speedy Implementation of SPV

EghtesadOnline: Iran-Finland relations vis-a-vis US sanctions regime, cooperation between the Iranian and European small- and medium-sized enterprises, the Joint Comprehensive Plan of Action and a planned special purpose vehicle (SPV) were the main topics discussed by a European delegation in Tehran.
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Publish Date:15/December/2018 | 10:58

Iran Reinsurance Industry Gets New Lease of Life

EghtesadOnline: With 14 new reinsurance companies emerging around the time the US re-sanctioned Iran, capacity of the reinsurance industry expanded by 9.2 trillion rials ($80 million), enhancing its ability to counter the illegal US restrictions, a senior insurance official said Tuesday.
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Publish Date:05/December/2018 | 13:32

Iran Air Show Concludes in Kish

EghtesadOnline: Iran Air Show, the country’s ninth annual aviation event, concluded on Kish Island on Thursday. The four-day event was mostly focused on promoting domestic capabilities after the reimposition of US sanctions on Iran's aviation industry.
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Publish Date:01/December/2018 | 10:50

German SMEs to Continue Trade With Iran

EghtesadOnline: Despite tougher US sanctions against Tehran, German small- and medium-sized enterprises will continue trade with Iran, the co-chair of Iran-Germany Chambers of Commerce said, hoping for more support from Brussels.
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Publish Date:10/November/2018 | 09:24