US sanctions
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Iran Air Show Concludes in Kish
EghtesadOnline: Iran Air Show, the country’s ninth annual aviation event, concluded on Kish Island on Thursday. The four-day event was mostly focused on promoting domestic capabilities after…
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Iran Bitcoin Users Affected By US Sanctions
EghtesadOnline: Iranian sources say that some of them are no longer able to access the cryptocurrency swap platform ShapeShift, even when using virtual private networks (VPNs). As such, the sanctions…
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Iran: Equity Market Sinks as Selloff Continues
EghtesadOnline: After ending the past week 3.5% lower, the Tehran Stock Exchange continued to reel under selling pressure on Saturday. Falling global stocks, US-China trade war, declining oil…
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UN Called Into Action as US Sanctions Disrupt Medical Supplies in Iran
EghtesadOnline: Two high-ranking members of the Islamic Republic of Iran Medical Council (IRIMC) have formally called on the United Nations to help eliminate US restrictions against the supply…
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No Need to Make Changes in Iran-Armenia Economic Ties Over US Sanctions
EghtesadOnline: Following the visit of a US mission to Armenia to brief the southwest Asian country on reimposed sanctions against Iran, Yereven said there is no need to make any changes to economic…
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Iran Private Sector Makes Proposals to Sustain China Trade Relations
EghtesadOnline: Senior officials of Tehran Chamber of Commerce, Industries, Mines and Agriculture met with Chinese counterparts and made proposals to maintain trade with the major partner in…
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EU Outlines Measures to Counter American Sanctions Against Iran
EghtesadOnline: The European Union has outlined measures it has taken to counter the effect of US unilateral sanctions against Iran.
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Iran Currency Market Relatively Calm
EghtesadOnline: The rial has been keeping relatively steady since the reimposition of US sanctions last week, a fact reflected in official comments in Tehran that much of the impact of the sanctions…
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Iran's EGFI Expands Operations to Support Regional Trade
EghtesadOnline: As reimposed US sanctions restrict Iranian banks, the Export Guarantee Fund of Iran is set to expand operations to better support the country's exports, especially with regional…
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German SMEs to Continue Trade With Iran
EghtesadOnline: Despite tougher US sanctions against Tehran, German small- and medium-sized enterprises will continue trade with Iran, the co-chair of Iran-Germany Chambers of Commerce said,…
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IMF: Iran Should Safeguard Stability in Face of US Sanctions
EghtesadOnline: The International Monetary Fund said on Thursday that Iran should implement policies to safeguard its macroeconomic stability after the reimposition of US sanctions that will…
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Europe Warns Iran Sanctions Threaten Dollar Dominance
EghtesadOnline: European 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…
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Iran: New Ministers Mandated to Help Revitalize Economy
EghtesadOnline: President Hassan Rouhani on Sunday issued separate decrees appointing new economy, cooperatives, industries and roads ministers in a reshuffle aimed at mustering support for major…
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Iran Opens Oil Trading to Private Buyers as US Sanctions Draw Near
EghtesadsOnline: Sunday marks the first offering of crude oil for export on Iran Energy Exchange (IRENEX) days before new US sanctions on petroleum sector take effect.
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Norway Ambassador Discusses Way Forward With Iran Private Sector
EghtesadOnline: Norway's Ambassador to Iran Lars Nordrum has met with top representatives of the Islamic Republic's private sector to discuss ways of boosting bilateral ties in the face of returning…
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SPV Operationalization "to Take Months" After Nov. 4 Unveiling
EghtesadOnline: A new European Union mechanism to facilitate payments for Iranian exports should be legally in place by Nov. 4, when the next phase of US sanctions hit, but will not be operational…
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Private Iranian Carmaker Seemingly in Good Shape
EghtesadOnline: While semi-state owned automotive companies say they are struggling to stay afloat, CEO of the private car company Karmania seems upbeat, saying that his firm has devised a strategy…
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Italian Firms Keep Doing Business in Iran
EghtesadOnline: Italian investment companies remain active in Iran, despite the unilateral US sanctions, says the head of Trade Promotion Section of the Italian Embassy in Iran.
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UK Preserving Iran Humanitarian Trade in Face of US Sanctions
EghtesadOnline: High-level meetings on Thursday and Friday in London were held to maintain and develop Iran-UK trade ties, and a major focus was on preserving humanitarian trade to Iran threatened…
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US Sanctions Listing Could Harm Humanitarian Trade With Iran
EghtesadOnline: US sanctions intended to squeeze an Iranian voluntary force may have consequences for humanitarian efforts in the country because of its targeting of a bank, lawyers and analysts…
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US Sanctions Against Iran Ridicule Int'l Norms
EghtesadOnline: Foreign Ministry Spokesman Bahram Qasemi on Wednesday described the US’ fresh sanctions against banks and businesses as "psychological war" against the Iranian people.
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Iran, India Aim to Accelerate Chabahar Project Before US Curbs
EghtesadOnline: India and Iran have renewed efforts to operationalize one berth at Chabahar Port amid growing fears of US sanctions on Iran kicking in early next month.
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Czech Republic Looking to Strengthen Iran Business Ties
EghtesadOnline: High-level private sector officials of Iran and the Czech Republic have met in Tehran to discuss bilateral commercial ties despite the looming reimposition of US sanctions.
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The Brussels Times: Legal Status of EU Trade Payment Mechanism With Iran Still Unclear
EghtesadOnline: EU and Iran have agreed to continue trade after the US withdrawal from the nuclear deal. To circumvent US sanctions, they recently announced a plan for maintaining payment channels…
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US Sanctions Against Iran Opportunity for Europe's Financial Autonomy
EghtesadOnline: Sanctions imposed on Iran by the United States offer an opportunity for Europe to develop its own independent financial institutions, France’s Finance Minister Bruno Le Maire…
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Iran, Germany Private Sectors Take Stock of Trade Challenges
EghtesadOnline: High-level representatives from the private sectors of Iran and Germany convened in Tehran to discuss challenges and come up with mutually beneficial ways of finding solutions…
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Iran: SEO Working to Empower Capital Markets
EghtesadOnline: A range of new financial products, from Islamic bonds to warrants and insurance-linked securities, are being developed to help give local firms more funding options as US sanctions…
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Iran Eyes Development of Non-Ferrous Industries
EghtesadfOnline: Non-ferrous metals and mining industries in Iran have remained relatively underrated, considering their notable share of non-oil exports—a major focus for the country, especially…
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Iran Energy Exchange to Start Trade in Oil Futures
EghtesadOnline: Iran Energy Exchange will launch crude oil futures from next week as part of a plan to facilitate oil exports as US sanctions targeting its energy sector in November draw nearer.
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Iran, UK Renew Trade Commitments
EghtesadOnline: High-level trade representatives of Iran and the UK met on Monday in Tehran and reiterated their commitment to boost bilateral ties in the face of returning US sanctions.