Europe launches new payment system to bypass US sanctions on Tehran
- 01-Feb-2019
EU diplomatic chief Federica Mogherini, who has led the bloc's efforts to save the Iran nuclear deal, also welcomed its creation.
Iran, India move closer on trade as EU stalls
- 08-Jan-2019
Iran will boost trade with India as the European Union struggles to find a way to circumvent a fresh US embargo on Tehran, Iranian Foreign Minister Javad Zarif said on Tuesday. Brussels is working on a payment mechanism to keep financial transactions flowing with Iran, after the US ditched the 2015 nuclear deal with Tehran […]
China to continue Iran trade despite new US sanctions
- 06-Nov-2018
China denounced new United States sanctions targeting Iran’s oil and financial sectors as “long-arm jurisdiction” on Monday and vowed to continue its bilateral trade with the Islamic republic. The measures, which took effect on Monday, follow US President Donald Trump’s decision to abandon a multi-nation nuclear deal with Tehran, which he said was flawed and does not […]
Iran will ‘proudly bypass’ US sanctions: Rouhani
- 05-Nov-2018
TEHRAN: Iran´s President Hassan Rouhani said the Islamic republic “will proudly bypass sanctions” by the United States that took effect on Monday targeting the country´s oil and financial sectors. “I announce that we will proudly bypass your illegal, unjust sanctions because it´s against international regulations,” Rouhani said in a televised speech. “We are in a […]