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IMF to Cooperate with Iran Central Bank's Governor
While 11 days ago U.S. Treasury Department listed Iran Central Bank's Governor on its blacklist, IMF announced that it will work with him and Iran's Central Bank.
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Six German Banks Cooperating with Iran Regardless of U.S.Threat
While Germany’s big banks are studiously avoiding Iran-related deals for fear of US reprisals, six credit unions, or Voleksbanken, from southern Germany are appear unafraid and are continuing to provide trade finance.
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Central Bank of Iran's Governor Inaugurates New ibena Newsroom
The new newsroom of Economy and Bank of Iran News Network, ibena, was opened by the Governor of Iran Central Bank.
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Russia to Electrify Iran Railway without Considering U.S. Sanctions
The state railroad monopoly Russian Railways considers its project on the electrification of the railway in Iran completely civilian and not subject to US sanctions, the company's CEO Oleg Belozerov said.
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EU Weighing up to Transfer Money to Iran Central Bank Directly
The European Commission is proposing that EU governments make direct money transfers to Iran's central bank to avoid US penalties, an EU official said, in what would be the most forthright challenge to Washington's newly reimposed sanctions.
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EU to Protect European Firms in Iran by Activating Blocking Statute
The European Union will activate legislation banning the bloc’s companies from complying with US sanctions against Iran as soon as Friday, according to European Commission President Jean-Claude Juncker.
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Iran,EAEU Ink Temporary Deal to Establish Free Trade Zone
EAEU and Iran have signed a provisional agreement to create a free trade zone during economic forum in Astana.
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EU Planning to Settle Oil Payments in euro with Iran
The European Union is planning to switch from US dollars to euros when paying for the oil supplies from Iran, a diplomatic source.
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Iran Bans Export of Five Agricultural Products to Iraq
Iran has banned the export of potato, watermelon, melons, pepper and pumpkin to Iraq.
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Bulgaria Can Have Direct Banking Relations with Iran by Opening Branch
Iranian Minister of Economy said the Republic of Bulgaria can have a direct banking relations with Iran through opening bank branches.
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European Economic Leaders Making Attempt to Alleviate Trump Decision
Germany is set to help its businesses minimize the impact of the US decision to withdraw from the nuclear deal, while France has sought exemptions for companies operating in Iran, according to the countries’ economy ministers.
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China Shows Willingness to Replace Total in South Pars Gas Field
Chinese energy giant CNPC is willing to buy French firm Total’s stake in the Iranian South Pars gas project should the latter decide to quit because of US sanctions against Tehran.
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Turkey to Pursue Economic Ties with Iran despite U.S. Sanctions
Ankara and Tehran will continue their economic relations despite the US leaving the 2015 nuclear deal with Iran, according to Turkish Economy Minister Nihat Zeybekci.
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Chinese Train Heads to Iran
China has officially inaugurated its new train route to Iran, as the US urges its companies to wind down their operations with the Islamic Republic
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Several Iranian Companies and Individuals Listed in U.S. Sanctions
The United States imposed sanctions against six individuals and three companies due to funding Quds Force.
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Iran,Europe Industrial Negotiations to Kick off
Bulgarian ambassador to Tehran reported that European industrial talks with Iran will be initiated in next 10 days.
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Boeing to Pursue Trump's Policy in Post-JCPOA Withdrawal Era
Boeing said it will continue to take its cue from US government policy on sales to Iran after President Donald Trump announced the US withdrawal from the Iran nuclear pact.
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Croatian Banks Preparation to Have Cooperation with Iran
Croatian Minister of Economy said the Central Bank of Croatia asked the countries' commercial banks to cooperate with Iran.
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Iran Prepared to Open Bank Branch in Georgia
Iranian Minister of Economy in his visit with Deputy Prime Minister and Minister of Economy and Sustainable Development of the Republic of Georgia stressed that banking cooperation between two countries has priority.
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Iran,South Africa Trade Volume to Increase $1 bn
Director General of the Arabic-African Trade Development Organization said based on Iran and South Africa commercial exchange expansion program, two countries' trade volume will be 1 billion dollars by 2022, urging for removing banking barriers.
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Iranians Purchase 2.5 Billion Dollars Cryptocurrencies
Chairman of the Economic Commission of the Parliament said over 2.5 billion dollars has been sent out to purchase virtual currencies so far.
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Iranian Bank to Open Branch in Germany
Sina Bank's member of the board of directors reported that the bank's branch will be opened in Munich soon.
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Iran Export to Europe Has Tenfold Increase:German Ambassador
German ambassador to Iran said Iran's export to Europe has grown tenfold after sanctions removal and also Europe's export to Iran has increased more than 60 percent since 2015.
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U.S. Might Withdraw from JCPOA Next Month
US Secretary of State Mike Pompeo said the United States is likely to withdraw from the international deal on Iran's nuclear program next month
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There Is No Problem for Financing with U.S. Withdrawal from JCPOA
Central Bank of Iran's Governor said there is no problem for financing and capital with possible withdrawal of U.S. from JCPOA, adding other scenario have been reviewed about it.
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Emirates to Purchase Iran's Plane Orders from Boeing
Boeing Co. has been signing contracts with other buyers, including Iran's adversaries across the Persian Gulf, to cushion the loss of $17 billion in sales to Iran due to the possible imminent collapse of the Iran nuclear deal.
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Iran on Track to Be Self-Sufficient in Aluminium
Iran is on a track to launch a new aluminium smelter early next year that would boost the country's output by 70 percent, making it self-sufficient in the metal by taking advantage of rich natural gas reserves.
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Iran, EU Circumvent US Sanctions with euro: Prof
Dr. Eric Lob, a professor at Department of Politics and International Relations, Florida International University said EU countries will attempt to maintain trade with Iran by offering credit lines to Iran in euro.
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Iran's Inflation Rate Stands at 9.2 Percent
Iran's inflation rate in the last twelve months ending in Farvardin month of the current year reached 9.2 percent.
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Agreement on Establishing Free Trade Zone between Iran-EAEU Inked
Russian Prime Minister has signed an agreement for the formation of a free trade area on a limited range of goods between Iran- EAEU.