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German FM: Europe Determined to Save Nuclear Deal

EghtesadOnline: Germany's chief diplomat reassured Iranian officials on Monday that Europe is determined to fulfill its commitments under Iran's nuclear deal with world powers, while emphasizing the need for dialogue among regional countries to prevent tensions from worsening.
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Publish Date:11/June/2019 | 09:38

Emergence of Hardliners in Europe May Augur Ill for Iran

EghtesadOnline: The rise to power of politicians with extremist views in the Europe an Parliament could make the situation surrounding the fate of the Iran nuclear deal more complicated, says a political observer.
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Publish Date:01/June/2019 | 10:49

Iran's ECA Moves to Help Trade With Europe

EghtesadOnline: In a series of tweeter posts head of the Export Guarantee Fund of Iran said memorandums of understanding will be signed soon with Europe an countries to facilitate trade.
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Publish Date:28/May/2019 | 11:07

Zarif: Europe Should Pull Its Weight on Nuclear Accord

EghtesadOnline: Iran on Thursday criticized the Europe an response to its decision to scale back some commitments made as part of the 2015 nuclear deal, saying that the EU should fulfill its obligations rather than expecting Tehran to unilaterally implement the agreement.
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Publish Date:11/May/2019 | 13:18

Heads of Iran, Europe Trading Channels to Meet

EghtesadOnline: Members of the Europe an financial mechanism company known as INSTEX [Instrument in Support of Trade Exchanges] and its Iranian counterpart will join talks between Iran and the five signatories of the Iran nuclear deal today (Tuesday) in Brussels.
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Publish Date:07/May/2019 | 11:11

Europe Has No Excuse to Delay Activation of INSTEX

EghtesadOnline: Europe has no excuse for delaying the operationalization of its special payment channel, as Iran has now established the corresponding entity, Iran's top diplomat said.
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Publish Date:15/April/2019 | 14:14

Per Fischer in Tehran: Talks on Ways to Enforce INSTEX

EghtesadOnline: President of Europe 's Special Purpose Vehicle known as INSTEX, Per Fischer, is in Tehran to attend talks between Iranian authorities and representatives from France, Germany, Britain, and the Europe an Union on how to best implement the payment channel.
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Publish Date:13/March/2019 | 14:29

States in Talks With Europe to Use INSTEX

EghtesadOnline: A number of countries are holding negotiations with Europe to use their newly-registered special financial mechanism to continue their non-dollar trade with Iran.
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Publish Date:19/February/2019 | 11:22

Zarif: Europe Needs to Step Up Efforts to Save Nuclear Deal

EghtesadOnline: Foreign Minister Mohammed Javad Zarif said on Sunday that the newly established mechanism for trade with Iran has fallen short and urged Europe to show more determination to salvage the 2015 nuclear deal following the US exit.
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Publish Date:18/February/2019 | 13:51

Ambivalence Surrounds INSTEX for Iranian Businesses

EghtesadOnline: Europe unveiled its long-awaited mechanism for facilitating trade with Iran by circumventing US global financial dominance on Thursday and the move received a mixed response in Tehran’s commercial corridors.
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Publish Date:05/February/2019 | 15:14

Iran Welcomes EU's "Belated" Move to Open Payment Channel

EghtesadOnline: Officials in Tehran welcomed the creation of a channel with Iran called INSTEX by Europe , to help continue trade and circumvent unilateral US sanctions re-imposed after Washington withdrew from the international 2015 atomic deal signed with Iran in 2015.
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Publish Date:02/February/2019 | 15:14

Cleric Chides Europe for Dilly-Dallying on JCPOA

EghtesadOnline: A top cleric lashed out at Europe an states for failing to deliver on their pledge to take practical steps to uphold the 2015 nuclear deal following the US withdrawal, saying he believes Tehran will eventually be compelled to ditch the deal.
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Publish Date:19/January/2019 | 24:11

Traders Fear Europe 's SPV May Not Fend Off US Sanctions on Iran

EghtesadOnline: As Iranian traders (and more broadly Europe ans) wait for the launch of the long-awaited special purpose vehicle by Europe an powers, some businesses fear that the trade mechanism may after all fail to shield Iran’s trade from the long reach of US sanctions.
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Publish Date:16/January/2019 | 13:04

Europe Should Not Underrate Security Benefits of JCPOA

EghtesadOnline: Europe an powers should not ignore the contribution of Iran's nuclear deal to their national security while making decisions that could shape the fate of the agreement undermined by the US exit, a political analyst said.
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Publish Date:09/January/2019 | 24:32

Europe Must Consider Consequences of SPV Failure

EghtesadOnline: As the main party to blame for the possible failure of efforts to set up a special financial mechanism for trading with Iran, Europe will have to ponder over the implications of its inaction, a senior foreign affairs official said.
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Publish Date:07/January/2019 | 09:43

Zarif: Oil Sales Linchpin of Europe ’s SPV

EghtesadOnline: Oil trade is the cornerstone of Europe ’s financial mechanism to maintain business ties with Iran and the system cannot operate without covering the sale of Iranian crude, Foreign Minister Mohammed Javad Zarif said.
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Publish Date:05/December/2018 | 13:36

Europe Warns Iran Sanctions Threaten Dollar Dominance

EghtesadOnline: Europe an diplomats are warning that enhanced US financial sanctions against Iran run the risk of forcing the rest of the world to create alternative banking systems that could undermine the long-time dominance of the US dollar.
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Publish Date:31/October/2018 | 09:04

Europe Trying to Exempt Swift From Iran Sanctions

EghtesadOnline: As the reimpostion of the second round of US sanctions draw near, Europe an finance ministers will try to persuade the Trump administration not to cut off Iran’s access to Swift, the global financial messaging service, in meetings with Steven Mnuchin, the US treasury secretary, at the IMF gathering in Bali this week.
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Publish Date:10/October/2018 | 05:38

Europe ans Exploring Payment System With Iran

EghtesadOnline: Germany and its Europe an partners are considering setting up a payment system with Iran, which allows the continuation of business transactions with the Islamic Republic once US sanctions kick in, an economy ministry spokeswoman said on Friday.
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Publish Date:15/September/2018 | 05:24