Iran snactions

EghtesadOnline: US President Donald Trump’s decision to exit the Iran nuclear deal and reinstate sanctions could cost some of Europe’s biggest companies billions.

EghtesadOnline: First Vice President Eshaq Jahangiri said on Wednesday that signing the contract between Total of France and the National Iranian Oil Company (NIOC) for the development and production of phase 11 of South Pars (SP11) should be regarded as a shameful defeat for the US and sanctions as they called for freeze of money and capitals towards Iran.

EghtesadOnline: Deputy Minister of Petroleum for International and Commerce Affairs Amir Hossein Zamaninia assured foreign investors that any possible upholding of anti-Iran sanctions would not influence the businesses already existing before.

EghtesadOnline: Many countries have dispatched economic delegations to explore the Iranian market after Iran’s nuclear agreement with world powers.

EghtesadOnline: Vice President for Science and Technology, Sorena Sattari, said on Saturday that Iran’s startups have contributed to economic growth following the nuclear agreement in mid-2014 that led to the easing of international sanctions.