News
| INSTEX president in Iran to work out details | 2019/03/14 | Per Fischer, the former German banker who has been appointed to run the European special payment channel INSTEX, has arrived in Iran in a bid to iron out the details of the financial scheme. Per Fischer, president of the European special payment ...
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| Indian SPV with Iran running since 6 months ago: Envoy | 2019/03/14 | New Delhi says it knew that US President Donald Trump Administration would withdraw from the nuclear deal and reimpose sanctions. So, it started to put in place a Special Purpose Vehicle (SPV) to make sure its trade ties with Iran are secured. India says it’s own Special Purpose Vechicle (SPV) has already been in ...
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| Iran private sector ready to invest in Sierra Leone infrastructure | 2019/03/14 | Iran Chamber of Commerce says the country’s private construction firms can actively invest in Sierra Leone, a country in the west of Africa. Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) President Gholam Hossein Shafei told Sierra Leonean Ambassador to Iran Alie Badara Kamara that his ...
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| India negotiating with US to continue Iran oil purchase | 2019/03/10 | India wants to keep buying Iranian oil at its current level of about 300,000 barrels per day (bpd), as it negotiates with Washington about extending a waiver of U.S. sanctions past early May, two sources in India with knowledge of the matter told Reuters. India has reduced its purchases of Iranian oil, but has ...
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| US exports to Iran soar to 10-year high in 2018 despite own sanctions | 2019/03/10 | US exports to Iran hit more than 440 million dollars last year to reach its highest in the last 10 years while bilateral Europe-Iran commerce has taken a dip under reimposed US sanctions. Latest data by the US Census Bureau shows the country exported 440.5 million dollars worth of goods to Iran in 2018 ...
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| French seed-maker Vilmorin already trading with Iran, awaits INSTEX | 2019/03/10 | French seed maker Vilmorin said on Tuesday it was continuing some exports to Iran with the backing of a French bank, and will participate in efforts to implement a European scheme to avoid U.S. sanctions targeting trade with Tehran, Reuters reports. Vilmorin, one of the world’s largest suppliers of seeds for grain ...
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| Armenia PM in Iran to push Iran-Eurasian Economic Union FTA | 2019/03/04 | Armenian prime minister is holding talks with Iranian authorities in a bid to fast-track the process of Iran’s joining a Free Trade Agreement with the Eurasian Economic Unión. “The EAEU-Iran Free Trade Agreement creates new opportunities for trade and economic cooperation,” said Armenian Premier ...
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