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US Sanctions May Foster Alternative Trade Routes

EghtesadOnline: While American President Donald Trump has withdrawn from the Iran nuclear agreement and imposed economic sanctions on the country, several European and Asian nations have announced that they will disregard the sanctions.
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Publish Date:22/May/2018 | 05:10

EU Moves to Block US Sanctions Against Iran

EghtesadOnline: The European Commission said on Friday it had started the process of renewing a sanctions-blocking measure to protect European businesses in Iran, after the United States pulled out of the Iran nuclear accord and reimposed sanctions on Tehran.
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Publish Date:19/May/2018 | 04:19

Trump defends intervention to help China telecom company ZTE

EghtesadOnline: President Donald Trump on Monday defended his decision to revisit penalties for Chinese company ZTE Corp for flouting U.S. sanctions on trade with Iran, saying the telecom maker is a big buyer for U.S. suppliers.
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Publish Date:15/May/2018 | 05:22

Stocks at Rock-Bottom Prices, Yet No Buyers

EghtesadOnline: Most share prices have dropped to record lows, but fears of US sanctions snapping back and a discontent with foreign exchange rates seem to keep traders rooted in place.
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Publish Date:06/May/2018 | 07:24

Europe to Wind Down Latvian Bank Targeted by U.S. Over Sanctions

EghtesadOnline: European authorities will close ABLV Bank AS, the Latvian lender facing U.S. accusations of money laundering tied to North Korea that’s central to the political scandal shaking the euro zone this week.
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Publish Date:24/February/2018 | 15:07

France to Finance Exports to Iran

EghtesadOnline: France will start offering euro-denominated credits to Iranian buyers of its goods later this year, a move to bolster trade while keeping it outside the reach of US sanctions , the head of state-owned investment bank Bpifrance said.
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Publish Date:03/February/2018 | 07:35

Iran Buys Gear to Shield Gas Output From Any New U.S. Sanctions

EghtesadOnline: Iran is buying equipment to avert a possible disruption in output at its share of the world’s biggest natural gas field, in the event the U.S. decides to impose additional sanctions on its economy, the head of state-run operator Pars Oil & Gas Co. said.
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Publish Date:08/May/2017 | 04:29

US Treasury Must Issue Comfort Letters

EghtesadOnline: Iran will pressure the US Treasury Department to issue letters of comfort to reassure international banks and firms wary of US sanctions about engaging in transactions with Iranian counterparts, the foreign minister said.
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Publish Date:30/August/2016 | 16:14