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Third plane bought under sanctions deal arrives in Iran

EghtesadOnline: An Airbus A330 airliner arrived in Tehran on Saturday, the third of 200 Western-built passenger aircraft ordered by Iran Air following the lifting of sanctions on Iran last year.
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Publish Date:26/March/2017 | 06:21

ZTE pleads guilty to dodging Iran sanctions

EghtesadOnline: China's telecommunications giant ZTE Corp has pleaded guilty in US federal court in Texas for shipping US goods and technology to Iran.
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Publish Date:25/March/2017 | 09:07

Iran’s Biggest Cargo Shipper Eyes London IPO

EghtesadOnline: Iran’s top cargo shipping company has held meetings in London to discuss a possible listing on London Stock Exchange, but has so far been thwarted by US sanctions that still scare banks off Iranian business, reads an exclusive Reuters report, citing four Iranian and two western sources.
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Publish Date:15/March/2017 | 13:07

Shell Keeps Distance From Iranian Oil

EghtesadOnline: Royal Dutch Shell has bought only three cargoes of Iranian oil since sanctions were eased a year ago, a small fraction of what it used to buy and an indication of the legal difficulties and high prices that still hamper the trade.
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Publish Date:12/March/2017 | 14:59

ZTE to Pay Up to $1.2 Billion to Settle Iran-Sanctions Case

EghtesadOnline: ZTE Corp. has agreed to pay as much as $1.2 billion for violating U.S. laws restricting the sale of American technology to Iran, ending a year of uncertainty about its ability to do business in the world’s biggest economy. Its shares surged.
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Publish Date:08/March/2017 | 05:28

Asian imports of Iranian oil rise nearly 70%

EghtesadOnline: Imports of Iranian crude by Asia's four main buyers of the oil rose about two-thirds in January from a year ago when levels were lower as Western sanctions on Tehran had only just been lifted, Reuters reported.
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Publish Date:02/March/2017 | 11:48

Iran's 'Impressive Recovery' Clouded by 'Uncertainty,' IMF Says

EghtesadOnline: The Iranian economy has had an “impressive recovery” following sanctions relief last year, though uncertainty regarding the fate of the nuclear deal and relations with the U.S. threaten to undermine it, the International Monetary Fund said.
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Publish Date:28/February/2017 | 14:02

How Russia Doubled Non-Energy Exports to Iran in 2016

EghtesadOnline: With all the expectations that Russian businesses had about Iran after the lifting of American sanctions, the 60% growth in Russia-Iran trade from $1.2 billion in 2015 to almost $2 billion in 2016 can hardly be termed a breakthrough.
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Publish Date:19/February/2017 | 14:50

NAM condemns US actions against Iranian entities, citizens

EghtesadOnline: The Coordinating Bureau of the Non-Aligned Movement (NAM) issued a statement in solidarity with Iran after the decision of the US to extend its unilateral coercive measures against some Iranian institutions and citizens.
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Publish Date:11/February/2017 | 09:46

Amazon Discloses Iranian Business Ties, Warns of Penalties

EghtesadOnline: Amazon.com Inc. on Friday disclosed Iranian business ties that may have violated U.S. sanctions, warning that it may be penalized after a regulatory review of the activities.
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Publish Date:11/February/2017 | 05:25

Trade Costs Declining After Sanctions Relief

EghtesadOnline: The achievements of Iran's nuclear deal must not be undermined, as the cost of foreign trade for the country is declining among other things, the governor of the Central Bank of Iran said.
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Publish Date:10/February/2017 | 14:16

Iran's Leader Vows Trump Response on Iran Revolution Anniversary

EghtesadOnline: Iran will respond to the growing hostility from President Donald Trump when it celebrates the anniversary of the 1979 Islamic Revolution this week, Supreme Leader Ayatollah Ali Khamenei said in his first public comments since the U.S. imposed new sanctions on his nation.
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Publish Date:08/February/2017 | 08:22

New US sanctions on Iran unacceptable: Russia

EghtesadOnline: Russian Deputy Foreign Minister Sergey Ryabkov has expressed his regret over the new United States’ sanctions against the Islamic Republic, saying bans are not an appropriate means to resolve issues.
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Publish Date:07/February/2017 | 08:18

Iran Avoids Taking Trump Bait to Collapse Nuclear Deal, for Now

EghtesadOnline: Since the U.S. imposed new sanctions on Tehran over a ballistic missile test Friday, Iran’s conservative media has railed against the government for being too soft, the military has tested another projectile, and officials have generally thumbed their noses at a White House warning that they were now “on notice.”
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Publish Date:06/February/2017 | 05:59