Archive | Politics

Iran Moves to Tax its Way Out of Crisis

By Maysam Bizær, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. Facing oil slump, Iran moves to tax its way out of crisis Amid warnings by some experts of the possibility of a further slump in oil prices in 2016, crude oil prices briefly hit […]

Full List of Newly Sanctioned Iranian Entities

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has designated the following 11 entities and individuals involved in procurement on behalf of Iran’s ballistic missile program: The following individuals have been added to OFAC’s SDN List: CHEN, Mingfu; DOB 30 Apr 1980; POB Anhui, China; citizen China; Additional Sanctions Information – […]

Video: Iran/EU Joint Statement on Nuclear Deal

From PressTV. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iran Business News. The historic deal between Iran and the P5+1 countries has finally come into effect. The deal’s implementation has ended a decades-long stand-off on the country’s nuclear program. Iran’s Foreign Minister Mohammad Javad Zarif says […]

Text of Iran/EU Joint Statement on Nuclear Deal

The following is the full text of the joint statement from Foreign Minister Mohammad Javad Zarif and EU Foreign Policy Chief Federica Mogherini read a joint statement on implementation of the Joint Comprehensive Plan of Action (JCPOA) and removal of sanctions imposed against Iran: Today, we have reached Implementation Day of the Joint Comprehensive Plan […]

Video: Washington Post Journalist Jason Rezaian Freed

From Washington Post. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iran Business News. Iran has freed Washington Post journalist Jason Rezaian, according to Iranian news media. He was arrested in Iran in 2014 and convicted of espionage last year. Here’s what you need to know about […]

Chinese President due in Tehran Next Week

By John Lee. Chinese President Xi Jinping (pictured) is to visit Tehran on 22nd January at the invitation of President Rouhani. He is heading a high-ranking political and economic delegation on a two-day official visit. In addition to talks during the visit, it is expected that several commercial deals will be signed. (Source: IRNA)

Rouhani Fires Back at Criticism of Economic Management

By Arash Karami, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. The price of oil dropped to $31.56 per barrel on Jan. 11, a 12-year low. While the news has been tough on all oil-exporting countries, perhaps no one feels the pressure more than Iran’s […]

New Ambassador to Denmark Named

Following the recommendation of Foreign Minister, Mohammad Javad Zarif, and the approval of President Hassan Rouhani, Iran’s new Ambassador to Denmark Morteza Moradian (named) was named on Wednesday. Moradian had already served as director general for the Commonwealth of Independent States (CIS), Caucuses, north western neighbours, deputy director general for Western Asia, and Irans ambassador […]

Iran Expects Final Nuclear Report on Friday

By John Lee. Iran’s Fars News Agency reports that Iran expects the International Atomic Energy Agency (IAEA) to issue a “final” report on Friday confirming it has met all its obligations under the Joint Comprehensive Plan of Action (JCPOA). Deputy Foreign Minister Abbas Araqchi [Abbas Araghchi] (pictured) said on Wednesday that Foreign Minister Mohammad Javad […]

Iran Removes Arak Nuclear Reactor Core

[Editors’ Note: This report has been subsequently denied by Iran’s deputy nuclear chief.] The Independent reports that Iran has removed the core of its Arak heavy water nuclear reactor and filled it with cement, as required under the Joint Comprehensive Plan of Action (JCPOA) signed last year. Reconfiguring the reactor so it could not produce […]

Shift to Open Market Economy no Easy Task

By Alireza Ramezani, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. Shift to open market economy no easy task for Iran Late last month, the Management and Planning Organization (MPO) of Iran drafted the country’s sixth five-year strategic development plan. In the plan, the MPO […]

Video: Saudi Arabia vs Iran: Beyond the Sunni-Shia Narrative

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iran Business News. The long-running conflict between Saudi Arabia and Iran reached new heights this week after the kingdom severed diplomatic relations with Tehran. The diplomatic rupture, which has heightened tensions in the Middle East, came […]

Video: Will Saudi Arabia Win Support against Iran?

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iran Business News. When the Arab League met in an emergency session on Sunday tension with Iran topped the agenda. Saudi officials accused Iran of interfering in Arab affairs and undermining regional security. A day earlier, […]

Iran names New Ambassador to Turkmenistan

By John Lee. Foreign Minister Mohammad Javad Zarif has appointed Seyyed Mohammad Ahmadi (pictured) as Iran’s new ambassador to Turkmenistan. The appointment was made following the approval of President Hassan Rouhani. Ahmadi had served as deputy foreign minister for Persian Gulf affairs, caretaker of the Iranian embassy in Bahrain, governor-general of Ilam and Fars provinces, […]

Saudi Firm to Maintain Iran Business

By John Lee. Saudi Arabia’s largest food producer Savola says it will maintain business in Iran, brushing off speculation that its stake might be sold in the wake of a diplomatic spat between the two countries, reports Iran’s PressTV. A senior Savola executive told Reuters the company “plans to maintain its investments there (in Iran) […]

Video: Saudi-Iran Row – Iraq Offers to Mediate

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraq is offering to mediate between Saudi Arabia and Iran to end their dispute, which began when Riyadh executed a prominent Shia cleric. This, along with Tehran’s alleged failure to protect Saudi Arabian […]

More Countries Recall Ambassadors from Tehran

The regional row over the execution of Shia cleric Sheikh Nimr al-Nimr in Saudi Arabia has intensified, with Kuwait announcing that it is recalling its ambassador from Iran. Saudi Arabia’s embassy in Tehran was ransacked and set alight on Saturday, after which Saudi Arabia broke off diplomatic ties with Iran. Saudi allies Bahrain and Sudan […]