Iran sanctions - page 6

EghtesadOnline: Having fallen under the adverse effect of international sanctions against Iran over its nuclear program, the Iranian machine-made carpet industry, like many other industries, slipped into recession.

EghtesadOnline: An expert on international affairs and a member of the Graduate Institute of International Studies, Geneva, Reza Nasri said Total investment in Iran in spite of US Senate new sanctions on Iran shows that Iranian market is still worthy of investment.

EghtesadOnline: Majlis (Parliament) is to hold an open session on July 2 to review a draft of the plan to counter US Senate recent acts, an official said.

EghtesadOnline: Chairman of the German company BayWa said on Monday that the company entered Iranian market during the imposed sanctions.

EghtesadOnline: Western manufacturers are shying away from supplying equipment for an Iranian port that India is developing due to the uncertainty over US policy vis-a-vis Iran, Indian officials say, dealing a blow to New Delhi’s strategic ambitions in the region.

EghtesadOnline: US Treasury Secretary Steven Terner Mnuchin’s recent remarks had worried Airbus and Boeing companies more than Iran as it had affected international equities of the US and European firms, Iran’s Civil Aviation Organization (CAO) spokesman said Wednesday.

EghtesadOnline: The United States Senate Committee on Foreign Relations has passed a bill that would impose new sanctions on Iran over its missile program that Tehran has repeatedly said is solely for defensive purposes.

EghtesadOnline: The US Treasury is reviewing licenses for Boeing and Airbus to sell aircraft to Iran, department head, Steven Mnuchin, said on Wednesday, telling lawmakers he would increase sanctions pressure on Iran.

EghtesadOnline: President-elect Hassan Rouhani said on Monday that the eleventh government fulfilled its pledges and destroyed the wall of illegal sanctions.

EghtesadOnline: Iran voted on Friday in an election, the result of which will decide the direction of an economy still recovering from years of crippling sanctions—a state of affairs revealed in the charts below, reads a Financial Times article. Below is the full text:

EghtesadOnline: Iran has blasted fresh US bans over its defensive missile program, saying it will retaliate by adding nine American individuals and corporations to its sanctions list over their human rights violations.

EghtesadOnline: China has lodged an official protest with the United States over its move to impose new sanctions on Iranian and Chinese figures for allegedly supporting Iran’s ballistic missile program.

EghtesadOnline: French automakers are using their leverage in Iran in the absence of several competitors. This has been made possible with other car companies remaining fearful of the so-called ‘snap-back’ Trump sanctions.

EghtesadOnline: The lifting of trade sanctions in Iran will drive growth in the country’s plastics industry, according to research firm Applied Market Information, a UK-based provider of information, market intelligence and conferences for the global plastics industry.

EghtesadOnline: Iran has put on hold “almost all” of its mining agreements with foreign investors, as companies from Europe to Asia fear additional sanctions on the Persian Gulf nation’s economy, according to deputy minister of Iran’s ministry of industries, mining and trade.

EghtesadOnline: The Governor of Central Bank of Iran (CBI) said on Saturday that the JCPOA has terminated all nuclear-related sanctions.

EghtesadOnline: Iran-Austria trade stood at $377 million in 2016, but it will soon increase to reach the highs before international sanctions hit the Islamic Republic.

EghtesadOnline: Official figures show Iran’s imports from China saw a major rise over the past four years in what is seen as a result of the removal of sanctions against the country and the subsequent return of global shipping lines to its ports.

EghtesadOnline: Aryan, a 26-year-old with a master’s degree in engineering, showed impeccable timing when he returned home to Tehran from Canada. It was early 2016, and a decade of economic sanctions was drawing to an end, boosting Iran’s economy and kicking off a scramble for the country’s small pool of white-collar professionals. The job offers piled up. “Abroad, you’re a small fish in a big pond,” says Aryan as he unwinds in a garden cafe after a day spent drafting investment strategies for clients of the European consulting firm he works for. (He asked that his last name and the name of his employer be withheld.) “Here, each person can be the first to launch something or become a leader in their field.”

EghtesadOnline: Iran ranked as South Korea's second-biggest oil exporter over the first three months of 2017 as it ramped up output to regain market share after international sanctions were lifted last year, the first time ever it has claimed the No.2 spot on a quarterly basis.