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Iran Automotive Industry on Damage Control Mode

EghtesadOnline: Automakers are putting measures in place to mitigate the impact of the upcoming sanctions imposed by the truculent US President Donald Trump in the wake of his underhand move to pull the country out of the historic nuclear deal with Iran.
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Publish Date:18/June/2018 | 07:57

Asia’s Hidden Exposure to Anti-Iran Sanctions

EghtesadOnline: Asian economies are even more exposed than it seems to the economic impact of the US withdrawal from the multilateral nuclear agreement with Iran.
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Publish Date:17/June/2018 | 05:56

German Container Line Scaling Back Iran Business

EghtesadOnline: German shipping line Hapag-Lloyd has stopped one of two feeder services to Iran and will decide on the remaining one before a Nov. 4 deadline imposed by the United States, which has reimposed sanctions on Tehran.
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Publish Date:13/June/2018 | 06:23

Europe Seeks US Sanction Exemptions for Firms in Iran

EghtesadOnline: Ministers from Germany, France and Britain have written to senior US officials urging them to protect European companies working in Iran from getting caught up in Washington’s new sanctions on the Islamic Republic.
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Publish Date:10/June/2018 | 06:54

Iran, India to Begin PTA Talks

EghtesadOnline: India will soon begin talks with Iran on a trade accord just as the US has turned hostile toward the Persian Gulf nation, threatening it with renewed sanctions after walking out of a nuclear accord with the country.
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Publish Date:10/June/2018 | 06:50

China Moves to Cash In After US Exits Iran Nuclear Deal

EghtesadOnline: China’s adeptness at doing business with Iran through state-owned companies not exposed to the American financial systems could make Beijing the big beneficiary of US President Donald Trump’s move to withdraw from the Iran nuclear deal and reimpose sanctions on foreign companies doing business with Tehran.
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Publish Date:10/June/2018 | 05:16

Europe Making Progress on Anti-US Sanction Measures

EghtesadOnline: France’s Foreign Minister said on Thursday the European Union has made some progress on measures to protect the bloc’s companies from US sanctions on Iran but these were still insufficient.
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Publish Date:03/June/2018 | 05:51

2 Indian Banks Winding Down Iran Business

EghtesadOnline: Two Indian banks have asked exporters to complete their financial transactions with Iran by August in response to the threat of new US sanctions, according to the country’s main exporters’ organization and bank letters seen by Reuters.
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Publish Date:03/June/2018 | 04:55

$1.3b Stadler Deal Imperiled by US Sanctions

EghtesadOnline: A recent agreement with the Swiss train building company Stadler may be scrapped entirely, if US sanctions are reimposed and Europe fails to guarantee Iran’s interests as promised in the Joint Comprehensive Plan of Action, the formal name of the country’s nuclear deal with world powers.
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Publish Date:03/June/2018 | 04:38

Iran’s EMS Starts Operating 6 New Airbus Air Ambulances

EghtesadOnline: Six newly-purchased Airbus air ambulances (BK 117-C2), all purchased after the lifting of nuclear-related sanctions, officially joined Iran’s Emergency Medical Services’ fleet, marking the beginning of a new era for air medical services in the country.
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Publish Date:29/May/2018 | 24:32

German Banks Unfazed by US' Anti-Iran Stance

EghtesadOnline: While Germany’s big banks are studiously avoiding Iran-related deals for fear of US reprisals, six credit unions, or Volksbanken, from southern Germany appear unafraid and are continuing to provide trade finance to the country.
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Publish Date:26/May/2018 | 09:54

Billet Export Prices Increase

EghtesadOnline: Iranian export steel billet prices picked up in the week ended May 23 because of the limited volumes of material available for shipment before August, when renewed trading sanctions are expected to be enforced on the country by the United States.
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Publish Date:26/May/2018 | 09:36

U.S. sanctions on Iran threaten vital Afghanistan trade project

EghtesadOnline: U.S. President Donald Trump’s decision to pull out of the Iran nuclear accord and re-impose sanctions on Tehran threatens to derail a project to help build Afghanistan’s economy, endangering a key goal of the U.S. strategy to end America’s longest war.
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Publish Date:20/May/2018 | 09:47

BMI: US Deal Pullout to Have Limited Impact on Mining Industry

EghtesadOnline: The reimposition of US sanctions on Iran will only have a limited impact on the country’s mining and metals industry in the short run and is expected to do little additional damage to an industry already facing “a myriad of domestic operational challenges”.
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Publish Date:20/May/2018 | 08:40

S. Korea Discusses Contingency Plans on Iran Sanctions

EghtesadOnline: The South Korean government held an inter-agency meeting on Friday to explore ways of minimizing local business impact from the US decision to exit the 2015 nuclear deal with Iran.
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Publish Date:20/May/2018 | 08:36

Global insurers review business after U.S. exit from Iran deal

EghtesadOnline: Global insurers are taking stock of how the U.S. withdrawal from an international agreement to deny Tehran nuclear weapons, and threatened sanctions against companies that do business with Iran, could affect them.
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Publish Date:19/May/2018 | 08:38

EU considers Iran central bank transfers to beat U.S. sanctions

EghtesadOnline: The European Commission is proposing that EU governments make direct money transfers to Iran’s central bank to avoid U.S. penalties, an EU official said, in what would be the most forthright challenge to Washington’s newly reimposed sanctions.
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Publish Date:19/May/2018 | 08:33

EU Leaders to Discuss Iran Economic Options Today

EghtesadOnline: European Union leaders will discuss on Wednesday shielding European companies doing business with Iran from US sanctions, a senior official said as the bloc is in damage control mode following Washington’s withdrawal from a nuclear deal with Tehran.
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Publish Date:19/May/2018 | 08:03