Iran’s deputy foreign minister for economic diplomacy expressed dissatisfaction with the volume of transactions that Tehran has been able to carry via a financial mechanism
President Hassan Rouhani spoke with the President of France Emmanuel Macron on Monday evening and wished the French government and people success in combatting coronavirus,
The Federal Foreign Office of Germany in a tweet confirmed the first transaction with Iran through the Instrument in Support of Trade Exchanges (INSTEX) on
Finland, Belgium, Denmark, Netherlands, Norway, and Sweden will join the INSTEX mechanism for trade with Iran, the six countries declared in a joint statement on
The INSTEX trade mechanism was set up by France, Germany and the UK in January to continue trade with Iran, bypassing US sanctions. It became
A senior European Union official says non-EU members will be taking part in a mechanism established to enable non-dollar trade between the 28-nation bloc and
It’s going from bad to worse for Europe, whose currency had just hit session lows after Brussels confirmed that Italy faces a massive fine over its debt,
Foreign minister of Iran announced plans for the launch a financial mechanism between Tehran and Ankara similar to INSTEX, the payment channel that the three
Iran has begun a new stage of uranium enrichment activities, the country’s permanent representative to international organizations in Vienna said. In an interview IRNA, Kazem
On Wednesday, Russian president Vladimir Putin and German Chancellor Angela Merkel had a phone conversation, during which they discussed various issues, including resolving the conflict
The Joint Comprehensive Plan of Action, a treaty covering Iran’s nuclear program, included seven countries and was signed in 2015, envisaging Tehran curbing its nuclear
An official of the Iranian Customs Organization on Thursday confirmed that a consignment of medical equipment purchased from Germany worth around 749,000 euros (about $800,000)
In the current global pandemic, Iran occupies a unique position. One of the first countries to experience the outbreak of covid-19, it is simultaneously the target of
The past week witnessed a sudden spurt of tensions in the US-Iran standoff. There was intense speculation that to divert public attention in America from
As Tehran is scrambling to contain the rapid spread of the coronavirus in Iran, Mark Fitzpatrick explains why the United States should facilitate the humanitarian
Germany, Italy and the Netherlands were Iran’s top three trading partners in the European bloc with bilateral exchanges standing at €1.52 billion, €889.15 million and
Despite claiming to support the nuclear deal the EU-3 always searched for ways to put more restrictions on Iran, especially on its ballistic missile program. In May
Israeli Prime Minister Benjamin Netanyahu on Sunday denounced six new European members of a barter mechanism with Iran, saying it encouraged Tehran’s repression of protests.
According to a PressTV Report of 24 November, 2019, Iran and China are working on a trade or barter deal that would circumvent US sanctions.
After more than a year of U.S. sanctions on Iran’s banking relations with the rest of the world, Human Rights Watch has criticized Washington’s broad
The diplomatic manoeuvrings over the situation around Iran are entering a crucial phase with an Iranian delegation led by Deputy Foreign Minister Abbas Araqchi leaving
The seizure of a British oil tanker by the Islamic Revolutionary Guards Corps on July 20 in the Strait of Hormuz has all the hallmarks
Three weeks after a meeting between the countries who singed the Iran nuclear deal, also known as the Joint Comprehensive Plan of Action (JCPOA), which was ditched
As European Union members try to salvage the P5+1 nuclear deal with Iran, a big obstacle has been providing sanctions relief promised under the deal.
Last month, the European Union announced the creation of a barter-based trade mechanism with Iran to allow the parties to avoid US sanctions, but Iran
