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European Banks’ Iran Investments Face US Headwinds

EghtesadOnline: European banking sources have revealed that abundant funding projects and deals in Iran were thwarted during the past months by the Office of Foreign Assets Control because these operations violate the sanctions imposed on a number of Iranian parties classified on the black list.
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Publish Date:05/March/2017 | 16:23

Need to Address Concerns of foreign Investors

EghtesadOnline: Many countries have dispatched economic delegations to explore the Iranian market after Iran’s nuclear agreement with world powers.
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Publish Date:04/March/2017 | 15:56

MasterCard not have any direct links with Iran

EghtesadOnline: MasterCard does not have any direct links with Iran due to the primary sanctions still in place, said the Central Bank of Iran’s head of Communications and Information Technology Department.
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Publish Date:04/March/2017 | 05:44

Diplomat: Tehran, Oslo cooperation to go to pre-sanctions era

EghtesadOnline: Norwegian Envoy in Iran John Mikal Kvistad said on Tuesday that Tehran and Oslo by overcoming some challenges should prepare the grounds for return of economic boom between the two countries to pre-sanctions era.
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Publish Date:01/March/2017 | 14:24

South Korea’s Oil Imports Surge Driven by Iranian Supplies

EghtesadOnline: South Korea's imports of crude oil climbed 5.1% last year from a year earlier, driven by a surge in shipments of Iranian oil following the removal of international trade sanctions against the country, government data showed Monday.
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Publish Date:28/February/2017 | 16:45

ZTE warns of impact of U.S. sanction settlement penalties

EghtesadOnline: Chinese telecom equipment maker ZTE Corp warned on Tuesday that penalties it expects to incur for allegedly breaking U.S. sanctions against Iran could impact its results.
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Publish Date:14/February/2017 | 08:49

Iran car makers turn sanctions into chances

EghtesadOnline: An industry official says that the Iranian car manufacturers did turn the threats posed by sanctions into the opportunities.
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Publish Date:12/February/2017 | 09:55

Iranian Govt. agrees to attract $8.5 billion foreign investment

EghtesadOnline: Since the beginning of JCPOA implementation, Iran's government agreed with the attraction of $8.5 billion foreign investment which $5.5 billion of the investment is about mining and industry areas, Iranian minister of industry, mine and trade announced.
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Publish Date:12/February/2017 | 05:47

Does Trump’s Rhetoric Worry Iranian Business?

EghtesadOnline: As soon as Iran’s nuclear deal with world powers took effect, Majid Zamani and his partners set up an investment boutique with the aim of tapping into the flood of foreign business they hoped would flow into the Islamic Republic.
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Publish Date:11/February/2017 | 10:21

Indian Airlines Reconsider Plans to Conduct Iran Flights

EghtesadOnline: Indian carriers are either reviewing or stalling their plans to start flights to Iran, as the Donald Trump-led US government hardens its stance on the Islamic Republic, ratcheting up diplomatic tensions.
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Publish Date:11/February/2017 | 10:20

OFAC Adopts Rule to Expand Medical, Agro Exports to Iran

EghtesadOnline: The United States’ Office of Foreign Assets Control has adopted a final rule amending the Iranian Transactions and Sanctions Regulations, 31 C.F.R. part 560 (ITSR), to authorize additional transactions related to medicine, medical devices and agricultural commodities.
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Publish Date:07/February/2017 | 15:22

Sanctions Deny US Companies Oil, Gas Opportunities in Iran

EghtesadOnline: On the verge of the first international tender to develop Iran's oil and gas fields, Amirhossein Zamaninia, deputy oil minister for international affairs, said that Tehran has imposed no restriction for US oil firms willing to participate in energy projects in the country, but it is American sanctions that make such cooperation impossible.
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Publish Date:07/February/2017 | 06:01

From Rhineland to Tehran

EghtesadOnline: Tehran has seen more than a few new faces ever since the lifting of sanctions imposed on Iran over its nuclear energy program and the reopening of the country to global trade.
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Publish Date:07/February/2017 | 05:58

National Iranian Oil Co. Says Foreign Firms Owe $4.8b

EghtesadOnline: The lifting of international sanctions last year has allowed Iran to receive billions of dollars in blocked oil revenues, but the country has yet to collect €4.5 billion ($4.85 billion) for the crude oil it sold before and during the sanctions, says the chief executive of National Iranian Oil Company.
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Publish Date:05/February/2017 | 05:57

Senior MP: Fresh US anti- Iran sanctions violate JCPOA

EghtesadOnline: A senior member of parliament Alaeddin Boroujerdi said on Saturday that the new sanctions imposed on Iran by the US administration are in violation of the nuclear deal signed in July 2015 between Iran and the six world powers – known as JCPOA.
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Publish Date:05/February/2017 | 05:52