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EU Rushes to Protect Economic Interests in Iran

EghtesadOnline: With a reputation of a slow-working institution that only gets its act together in face of an urgent crisis, the speedy reaction of the EU to preserve the nuclear deal with Iran and protect the interests of European companies investing in Iran has taken even experienced observers by surprise.
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Publish Date:23/May/2018 | 10:01

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

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

Iran: China, Russia Ready to Replace Europeans in Railroad Projects

EghtesadOnline: European companies active in Iran’s rail sector have not yet taken a stance whether to continue or end their cooperation with the Iranian sides after the US unilateral pullout from Iran’s nuclear deal, officially known as the Joint Comprehensive Plan of Action.
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Publish Date:19/May/2018 | 08:00

EU Floats 9-Point Plan to Save Iran Nuclear Deal

EghtesadOnline: The European Union on Tuesday launched work on a nine-point economic plan to keep the Iran nuclear deal alive after the abrupt withdrawal of the United States.
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Publish Date:19/May/2018 | 07:58

Business as Usual at Iranian Ports

EghtesadOnline: Despite US withdrawal from the nuclear deal, it's currently business as usual for foreign container shipping operators at Iranian ports, a deputy head of Ports and Maritime Organization said.
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Publish Date:19/May/2018 | 04:41

Iran Set to Create Bank for European Transactions

EghtesadOnline: Tehran has taken preliminary steps to establish a bank for transactions between Iran and the European Union in euro to settle all financial issues that might arise after Washington's recent decision to withdraw from the Iran nuclear deal , Iranian Ambassador to Germany Ali Majedi said on Monday.
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Publish Date:19/May/2018 | 04:33

Turkey Will Keep Trading With Iran

EghtesadOnline: Turkey will continue its trade with Iran as much as possible and will not be answerable to anyone else, Economy Minister Nihat Zeybekci said on Tuesday, after US President Donald Trump said the United States was withdrawing from the 2015 Iran nuclear deal .
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Publish Date:13/May/2018 | 13:49

France Vows Pushback Against US Sanctions on Iran

EghtesadOnline: France pledged on Friday to push back against the threat of US sanctions against French companies doing business with Iran, in the wake of Washington’s withdrawal from the international nuclear agreement with Tehran.
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Publish Date:13/May/2018 | 13:46

Germany Ready to Help Firms Keep Doing Business in Iran

EghtesadOnline: Germany is ready to help minimize the impact on its businesses of US President Donald Trump’s decision to pull out of the 2015 Iran nuclear accord, German Economy Minister Peter Altmaier said on Friday.
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Publish Date:13/May/2018 | 13:44

How Europe Could Save Iran Nuclear Agreement

EghtesadOnline: Foreign ministers from Germany, France and the UK on Monday will meet with Iranian officials to save the multilateral Iran nuclear agreement strung together by former US president, Barack Obama, and breached unilaterally by US President Donald Trump.
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Publish Date:13/May/2018 | 13:38

Banking Sector to Take No Hit From US JCPOA Exit

EghtesadOnline: Iran’s banking sector has rebounded in the absence of sanctions lifted under the 2015 nuclear deal and will continue to rebuild its foreign correspondent relations despite the recent US withdrawal from the deal, a senior banking official said.
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Publish Date:13/May/2018 | 09:19

Forex, Gold Rally in Tehran Open Market

EghtesadOnline: Iran's foreign exchange and gold markets have witnessed historic rallies in the past few days as May 12 approaches, a date when US President Donald Trump is widely expected to deal a fresh blow to the country's landmark multilateral deal with world powers.
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Publish Date:12/May/2018 | 10:59

Iran, China, Philippines to Develop Economic Ties

EghtesadOnline: Officials from Iran, China and the Philippines agreed to develop economic ties after the historic 2015 nuclear deal that put an end to a decade of international sanctions on Iran’s economy.
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Publish Date:12/May/2018 | 10:47