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EIB Casts Doubt on European Plan to Salvage Nuclear Deal

EghtesadOnline: The European Investment Bank’s global operations would be put at risk if it were to invest in Iran, its president said on Wednesday, casting doubt on the EU’s ability to deliver on its pledge to save a nuclear deal with Tehran that Washington has abandoned.
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Publish Date:21/July/2018 | 06:25

European Gov’ts Exploring Financial Channels for Iran

EghtesadOnline: The French, British and German governments have told Iran they are exploring activating accounts for the Central Bank of Iran with their national central banks to open a financial channel and keep alive the Iranian nuclear deal, according to several European officials.
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Publish Date:18/July/2018 | 05:03

Economic Implications of Sanctions Reimposition

EghtesadOnline: The US administration’s decision to pull the plug on the Joint Comprehensive Plan of Action, the formal name of the nuclear deal struck between Iran and world powers, including the United States, in 2015 and impose more elaborate sanctions on Iran has numerous implications, not all of which are necessarily negative.
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Publish Date:15/July/2018 | 04:30

U.S. envoy calls for Germany to block Iran cash withdrawal

EghtesadOnline: The U.S. ambassador to Germany has called on Berlin to block an Iranian bid to withdraw large sums of cash from bank accounts in Germany to offset the effect of new U.S. financial sanctions imposed after Washington withdrew from a 2015 nuclear deal.
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Publish Date:10/July/2018 | 08:36

EU Lawmakers Back EIB Work in Iran

EghtesadOnline: EU lawmakers gave approval on Wednesday for the European Investment Bank (EIB) to do business in Iran, overcoming a blocking attempt and keeping alive plans to save the 2015 nuclear deal with Tehran that Washington has abandoned.
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Publish Date:07/July/2018 | 04:52

Zarif: 5,000 European SMEs on the Way

EghtesadOnline: Foreign Minister Mohammad Javad Zarif assured the business community that the future of the Joint Comprehensive Plan of Action–the formal name of the nuclear deal Iran signed with world powers in 2015- is safe after the US pullout.
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Publish Date:25/June/2018 | 05:04

Protecting European Companies in Iran

EghtesadOnline: The European Union is taking steps to protect EU companies investing in Iran from renewed American sanctions on Tehran after US President Donald Trump decided to unilaterally withdraw from the Iran nuclear deal late last month.
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Publish Date:12/June/2018 | 05:48

India to Start Interim Development Operations at Chabahar Next Week

EghtesadOnline: Notwithstanding the plans by the United States to impose fresh sanctions on Iran nuclear deal , India is all set to begin interim operations in the strategically important Chabahar Port project next week, Indian shipping ministry officials familiar with the development said.
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Publish Date:10/June/2018 | 06:39

Local Currencies to Ease Iran-China Transactions

EghtesadOnline: Governor of the Central Bank of Iran Valiollah Seif said the prospect of Iran and China using local currencies in bilateral trade will eliminate any difficulties arising from the fallout of the US decision to quit the nuclear deal Iran signed with world powers in 2015.
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Publish Date:10/June/2018 | 05:04

China to host Iran to avoid project disruption amid nuclear deal doubt

EghtesadOnline: China will host Iranian President Hassan Rouhani next month at a regional summit aimed at avoiding disruption of joint projects, its foreign ministry said on Monday, as major powers scramble to save Iran’s nuclear deal after the United States pulled out.
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Publish Date:28/May/2018 | 09:16

Iran pressures Europe to speed up plans to save nuclear deal

EghtesadOnline: Major powers and Iran agreed on Friday to move quickly to offset the U.S. pullout from its nuclear deal and Washington’s renewed sanctions, with Tehran pressuring Europe to come up with a package of economic measures by May 31.
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Publish Date:26/May/2018 | 10:29

German Companies Cannot Be “Totally Shielded” From US Iran Move

EghtesadOnline: The German government will help German firms with business in Iran where it can, but cannot entirely shield them from the US decision to quit the Iran nuclear deal and reimpose sanctions against Tehran, the economy minister told a newspaper.
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Publish Date:23/May/2018 | 10:09

Tehran Stocks Unshaken by US Nuclear Deal Pullout

EghtesadOnline: Iran nuclear deal seems to be on life-support these days, as the United States has unilaterally pulled out of the accord and other signatories are making frantic efforts to hold the deal together.
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Publish Date:23/May/2018 | 09:59

US’ JCPOA Pullout Does Not Bode Ill for Iran Economy

EghtesadOnline: The United States’ pullout from the Joint Comprehensive Plan of Action, as the Iran deal is formally known, does not seem to be a matter of big concern for the most cited Iranian economist in the world, Mohammad Hashem Pesaran.
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Publish Date:22/May/2018 | 05:17

US Sanctions May Foster Alternative Trade Routes

EghtesadOnline: While American President Donald Trump has withdrawn from the Iran nuclear agreement and imposed economic sanctions on the country, several European and Asian nations have announced that they will disregard the sanctions.
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Publish Date:22/May/2018 | 05:10

Iran says Europe's support for nuclear deal not enough

EghtesadOnline: The European Union is not doing enough to preserve the benefits for Iran from the 2015 international nuclear pact following the withdrawal of the United States, Iran’s foreign minister told the EU’s energy chief on Sunday.
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Publish Date:21/May/2018 | 07:28

With the US Out, How Can Iran Benefit From JCPOA?

EghtesadOnline: In Iran, the only surprise regarding US President Donald Trump’s May 8 announcement to leave the Joint Comprehensive Plan of Action was that it was four days early.
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Publish Date:21/May/2018 | 06:14

Europe, China, Russia discussing new deal for Iran: newspaper

EghtesadOnline: Diplomats from Europe, China and Russia are discussing a new accord to offer Iran financial aid to curb its ballistic missile development and meddling in the region, in the hope of salvaging its 2015 nuclear deal, a German newspaper reported on Sunday.
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Publish Date:20/May/2018 | 09:32

Iran Steel Trade Dynamics Changing

EghtesadOnlinew: Iranian steelmakers and customers in major outlet regions such as the Middle East, North Africa and Asia have started to voice concerns that the US decision to quit the nuclear agreement would have a negative effect on the country’s steel exports and consequently on output.
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Publish Date:20/May/2018 | 08:38