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Indian Tea Exporters Seeking Special Exchange Rate From Iran

EghtesadOnline: The Indian tea industry has sought a special exchange rate from Iran for tea exports to the country after November 4 when US sanctions will restrict sales of oil and petrochemical products to the country.
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Publish Date:15/August/2018 | 05:15

Germany’s Duerr Stops Iran Business

EghtesadOnline: German automotive supplier Duerr has halted its activities in Iran, which has been hit by the reintroduction of US sanctions this week, including threats to blacklist any company trading with the Islamic Republic.
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Publish Date:13/August/2018 | 04:51

EU Undeterred by Sanctions

EghtesadOnline: The US government aims to slash Iran's oil exports when sanctions resume in November. The latest US stance came as the remaining parties to the international nuclear deal with Iran reiterated their commitment to continuing Iran's oil and gas exports, despite the American sanctions, the foreign ministers of the EU, France, Germany and the UK said on Monday in a joint statement.
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Publish Date:11/August/2018 | 11:09

French Cows Herded Out of Iran by US Sanctions

EghtesadOnline: A project to export cattle to Iran from Normandy in northern France has been halted due to the United States’ renewed sanctions against Tehran, a French Senator said, as Washington’s policy takes its toll on its European allies.
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Publish Date:11/August/2018 | 07:39

Bern Tells Firms to Pursue Iran Business on "Informed Basis"

EghtesadOnline: The Swiss government regrets the “deteriorating” situation regarding sanctions imposed by the United States on Iran, but recommends Swiss firms pursue their business relations with the Islamic Republic on an "informed basis", it said on Thursday.
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Publish Date:11/August/2018 | 07:36

Norway Mulls Pushback on US Iran Sanctions

EghtesadOnline: Norway’s government is considering taking action to protect Norwegian companies doing business in Iran, as new US sanctions against the country start to bite.
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Publish Date:11/August/2018 | 07:34

Danish Firm to Cut 200 Jobs Due to Anti-Iran Sanctions

EghtesadOnline: Danish engineering company Haldor Topsoe, one of the world’s leading industrial catalyst producers, said on Wednesday it would cut around 200 jobs from its workforce of 2,700 due to new US sanctions on Iran.
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Publish Date:11/August/2018 | 06:03

Chinese Firms Can Weather US Anti-Iran Sanctions

EghtesadOnline: Chinese companies can weather the first wave of unilateral US sanctions effective on Tuesday by expanding the use of renminbi (RMB) in their transactions with Middle East countries, Chinese observers said on Monday.
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Publish Date:08/August/2018 | 05:11

Japan Seeks US Sanctions Waiver

EghtesadOnline: Japan has asked the United States to prevent a possible adverse impact of its sanctions on Japanese companies seeking crude oil from Iran, Japan's Foreign Ministry said on Friday.
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Publish Date:07/August/2018 | 09:51

Scania Trying to Keep Trucks, Buses on Iran’s Roads Despite US Sanctions

EghtesadOnline: In the face of the upcoming US sanctions , Scania’s chief says the company is working on a contingency plan so as to deliver shipments of spare parts to its Iranian partners in an effort to help them keep its trucks and buses on Iranian roads up and running.
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Publish Date:05/August/2018 | 13:20

Major Indian Beauty Products Manufacturer Plans Iran Entry

EghtesadOnline: A major Indian producer of beauty products Emami Group is set to enter Iran and scout for partners to begin operations at a time when the country may come under stress on account of impending US sanctions .
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Publish Date:04/August/2018 | 04:26

Iran to Establish Development Bank

EghtesadOnline: Iran Development Bank will be established in the foreseeable future to meet the country's production and manufacturing needs and foster job creation and thwart the fallout of the reimposition of US sanctions .
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Publish Date:04/August/2018 | 04:24

Iran Air Might Take Delivery of More ATRs in Coming Days

EghtesadOnline: Photos of at least six brand new ATR 72-600 turboprops made for Iran in the vicinity of Toulouse-Blagnac Airport have surfaced on aviation media outlets in recent days, raising hopes for the possibility of last-minute deliveries before the reimposition of US sanctions against Iran, which is due on August 6.
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Publish Date:04/August/2018 | 04:22

Billet, Slab Export Prices Edge Down

EghtesadOnline: Prices in the Iranian semi-finished steel export market decreased somewhat in the week ended August 1 because buying activity in the major outlets was limited by the imminent renewal of US trading sanctions against the Middle Eastern country.
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Publish Date:04/August/2018 | 04:21

Tehran Commerce Chamber Focuses on Impediments to Trade With Iraq

EghtesadOnline: The issue of Iran’s continued presence in Iraq’s market after the reinstatement of US sanctions was discussed in the 14th session of Tehran Chamber of Commerce, Industries, Mines and Agriculture’s Trade Facilitation and Export Promotion Commission.
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Publish Date:01/August/2018 | 04:38