Archive | Politics

E3 and EEAS joint statement on Iran

France, Germany, the UK and the European External Action Service have issued a joint statement on the Iran nuclear deal: “The Foreign Ministers of France, Germany, the UK, and the High Representative are extremely concerned at Iran’s announcement that it has exceeded the Joint Comprehensive Plan of Action stockpile limit for low enriched uranium. The […]

Iran’s Enriched Uranium Stockpile Passes 300kg Limit

Iranian Foreign Minister Mohammad Javad Zarif said the country’s enriched uranium stockpile has passed the 300-kilogram limit as the Islamic Republic continues to reduce its obligations under the 2015 nuclear deal known as the Joint Comprehensive Plan of Action (JCPOA). “We have already announced that the European measures have not been enough and as the […]

Iran invites People to turn in Neighbours via Text

From The Independent: Iran regime invites people to turn in neighbours for ‘moral crimes’ via text message Iran is to launch a text-messaging service to allow self-appointed guardians of morality in Tehran to turn in their neighbours or strangers for violating murky codes of public conduct, officials have said. Full story here.

Iran to Exceed Enriched Uranium Limit “in Days”

Spokesman for the Atomic Energy Organization of Iran (AEOI) Behrouz Kamalvandi announced on Monday that the country has accelerated uranium enrichment activities and its stockpile of enriched uranium is going to surpass a 300 kg limit within the next ten days. Speaking to reporters at the Khandab heavy water facilities at the Arak nuclear site […]

US Sanctions target Iran Petrochemical Group

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has taken action against Iran’s largest and most profitable petrochemical holding group, Persian Gulf Petrochemical Industries Company (PGPIC), for providing financial support to Khatam al-Anbiya Construction Headquarters (Khatam al-Anbiya), the engineering conglomerate of the Islamic Revolutionary Guard Corps (IRGC). In addition to PGPIC, […]

Nazanin Zaghari-Ratcliffe begins new Hunger Strike

Nazanin Zaghari-Ratcliffe, the British-Iranian mother detained in Iran, has begun a new hunger strike along with her husband, Richard Ratcliffe. She was jailed for five years in 2016 following a conviction for spying, which she denies. The decision came following the fifth birthday of their daughter, Gabriella, who has not been allowed to leave Iran […]

“Invaluable Steps” to Cement Ties with Iraq

Iran Has Taken Invaluable Steps to Cement Ties with Iraq: Envoy Iran’s Ambassador to Iraq Iraj Masjedi highlighted the importance of bilateral relations between the two neighboring countries and said Tehran has taken major strides to strengthen ties with Baghdad. “We are trying to boost our relations with Iraq in all areas,” Masjedi said, addressing […]

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Iran, Iraq to Set Up 5 Joint Industrial Parks

The Iranian president’s chief of staff said Tehran and Baghdad have agreed to establish five joint industrial parks, including one in Iran’s border province of Kurdistan. Speaking at a meeting on economic development of Kurdistan in the city of Sanandaj on Saturday, Mahmoud Vaezi said Iran and Iraq have devised plans to set up five […]

Nokia may Reduce its Iran Business

By John Lee. Finnish telecom equipment maker Nokia has said it may have to reduce its business in Iran due to the reimposition of US sanctions. In a statement to the markets, the company said: “We continuously monitor international developments and assess the appropriateness of our presence and business in various markets. “The US’ unilateral […]

Iraq “Needs to Buy Iranian Electricity for 3 Yrs”

Iraqi Parliament Speaker Mohammed al-Halbusi said he hopes the United States will keep waiving sanctions on energy imports from neighboring Iran, noting that the Arab country will need to purchase electricity from the Islamic Republic for three years. In November last year, Washington granted a 45-day waiver on electricity to the Arab country and extended […]

Iran GDP Shrinking

By John Lee. A new report from the World Bank Group forecasts real GDP growth (at constant market prices) of -1.6 percent for the year to the end of March 2019 in Iran, falling further to -3.8 percent next year: Economic growth in Iran continued to slowdown in the first quarter of 2018/19 (April-June) as […]

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Tehran’s Quality of Living Ranking …

By John Lee. Tehran has been ranked in 199th place in the Mercer 2019 Quality of Living Survey. This puts it just ahead of Karachi in Pakistan and Caracas in Venezuela, and just behind Luanda in Angola and Dar es Salaam in Tanzania. Vienna again retains the top spot; Zurich and Vancouver follow in second […]

33-yrs Prison, 148 lashes, for Women’s Rights Defender

Iran: Shocking 33-year prison term and 148 lashes for women’s rights defender Nasrin Sotoudeh The sentencing of prominent Iranian human rights lawyer and women’s rights defender Nasrin Sotoudeh to 33 years in prison and 148 lashes in a new case against her is an outrageous injustice, said Amnesty International. The sentence, reported on her husband […]

UK affords Nazanin Zaghari Ratcliffe Diplomatic Protection

The Foreign Secretary has today (7 March) decided that the UK will exercise diplomatic protection in the case of Nazanin Zaghari-Ratcliffe as part of the Government’s continuing efforts to secure her release. Affording diplomatic protection in Nazanin’s case represents formal recognition by the British Government that her treatment fails to meet Iran’s obligations under International […]

Iraq Rebuffs US on Cutting Off Energy Purchases from Iran

The US is pressuring Iraq to stop buying energy from its neighbor Iran, in what has become a major point of conflict between Washington and Baghdad. Iraqi leaders are pushing back on the demand, which is rooted in US President Donald Trump’s sanctions against Iran, according to a report by the New York Times on […]

After 40 years, is Iran’s Revolution Unravelling?

By Suzanne Maloney, Brookings Institution. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. After 40 years, is Iran’s revolution unravelling? Iranians came to the streets en masse on Monday to mark the 40th anniversary of the revolution that brought their Islamic Republic to power. As […]

US “Pressuring” European Firms to Limit Activity in Iran

The general secretary of the German-Iranian Chamber of Commerce said US officials are pressuring European companies to limit their business activities in Iran. “There is more passion from our American friends to create problems,” Michael Tockuss told the German business news weekly Wirtschaftswoche on Saturday. Those problems, Tockuss said, stem from direct pressure being applied […]

ATR Applies for US Permission to Deliver Iran Planes

The CEO of Iran Air said ATR aircraft manufacturer has requested permission from the Office of Foreign Assets Control (OFAC) of the US Department of the Treasury for the delivery of the turboprops Iran has purchased. Farzaneh Sharafbafi told Tasnim on Saturday that the delivery of the remaining ATR turboprops to Iran requires a permission […]

Iran Falls in Transparency Ranking

By John Lee. Transparency International has said that Iran’s ranking has fallen eight places in its global Corruption Perceptions Index (CPI). From a total of 180 countries, Iran came in at number 138; last year’s position was 130 out of 180 countries. This result puts it on equal ranking with Lebanon and Russia, ahead of […]

2018 – Iran’s “Year of Shame”: Amnesty International

Iran’s ‘year of shame’: More than 7,000 arrested in chilling crackdown on dissent during 2018 The Iranian authorities carried out a shameless campaign of repression during 2018, crushing protests and arresting thousands in a wide-scale crackdown on dissent, said Amnesty International, a year after a wave of protests against poverty, corruption and authoritarianism erupted across […]