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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

Europe Struggling to Save Iran Deal

EghtesadOnline: You would not know it from reading the news, but the Iran nuclear deal is still alive. The Europe ans, however, are faced with an impossible task: to preserve an international agreement that cannot survive without Washington’s backing in the face of an aggressive US posture toward Tehran, reads an article published by the Atlantic Council.
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Publish Date:10/September/2018 | 05:49

UK minister visits Iran; Tehran wants Europe to act on nuclear deal

EghtesadOnline: A British junior minister held talks in Iran on Saturday as Tehran said Europe an states should take action if they wanted to save Iran’s nuclear deal following Washington’s withdrawal from the accord, Iranian state media reported.
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Publish Date:02/September/2018 | 24:26

Why Is Europe Underplaying Its Hand on Iran?

EghtesadOnline: Following US President Donald Trump’s May 8 decision to withdraw from the Joint Comprehensive Plan of Action, the United States has embarked on a “maximum pressure” campaign against Iran.
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Publish Date:04/August/2018 | 04:15

€200m in Austrian Finance for Iran’s First Nuclear Hospital

EghtesadOnline: A tomic Energy Organization of Iran's Spokesman Behrouz Kamalvandi has announced that Austrian banks have allocated €200 million worth of finance for equipping Iran’s first nuclear hospital.
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Publish Date:06/February/2018 | 07:45

Iran Eyes New Oil Buyers as Asia Remains Linchpin

EghtesadOnline: Iran continues its quest for new crude buyers, especially in Europe , but its loyal customer base will continue to hinge on countries like India and China, whose demand for Iranian crude has observed a steady rise this year.
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Publish Date:02/November/2016 | 06:35