Tag Archives | sanctions

Video: Iran to quit Nuclear Deal if US keeps Adding Sanctions

From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iran Business News. President Hassan Rouhani warns that Iran could abandon its 2015 nuclear deal with world powers within hours if the United States keeps on imposing new sanctions as he outlines plans for his new term.

Firm Fined $12m for “Apparent Violations” of Sanctions

CSE TransTel Pte. Ltd. (“TransTel”), a wholly-owned subsidiary of the international technology group CSE Global Limited, both of which are located in Singapore, has agreed to pay $12,027,066 to settle its potential civil liability for 104 apparent violations of the International Emergency Economic Powers Act and the Iranian Transactions and Sanctions Regulations, 31 C.F.R. part […]

Iran’s Tech Sector Blooms despite Sanctions

From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iran Business News. The names may be unfamiliar but the services are immediately recognisable: Snapp is Iran’s answer to Uber, Digikala is its Amazon, and Pintapin its Booking.com. US sanctions have protected the Islamic republic’s tech sector, […]

Sanctions an “Opportunity for Iran-Russia Partnership”

Secretary of Iran’s Expediency Council Mohsen Rezaei said Tehran and Moscow, both facing Western sanctions, could use the embargoes as an opportunity to reap economic benefits. Iran and Russia, both hit by sanctions, can turn the snactions into a “historic opportunity” in cooperation with each other and use the common markets in the region for […]

New Trump Sanctions Against Iran – FULL LIST

The United States announced new sanctions against 18 Iranian individuals, groups and networks on Tuesday, over the Islamic Republic’s missile program. The move comes just one day after the Trump administration certified the Iranian government’s compliance with the nuclear deal. Iran’s Foreign Ministry condemned the new measures and said it will respond to the US […]

No New Sanctions on Iran, Just Technical Updates: EU

A European Union spokesperson dismissed the notion that the bloc has imposed fresh sanctions against Iran, saying the union has only complied with a series of “technical updates” the UN makes in the context of different sanction regimes periodically. “There has been some speculation in the press regarding recent updates to listings of individuals and […]

Europe needs Long-Term Vision for Iran Trade

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. Europe must adopt Long-Term Vision for Trade with Iran Business is increasingly intermixed with politics in Iran’s relations with the world — to the potential detriment to both. For instance, recent developments in bilateral ties […]

Iranians divided over new Senate sanctions

By Zakiyeh Yazdanshenas for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. The US Senate on June 15 overwhelmingly passed a bill to impose new sanctions against Iran. The Countering Iran’s Destabilizing Activities Act targets Iran’s ballistic missile program, its alleged support for terrorism and its human […]

Jury finds US may seize Iran-Linked Office Tower

A jury in New York has found that the US government may seize a Manhattan office building from a nonprofit foundation accused of violating US sanctions against Iran. The court found that the Alavi Foundation, majority owner of the office tower, knew that its partner and the building’s minority owner, Assa Corp, was a front […]

Boeing Seeking Permission for Deal with Iran

US aircraft maker Boeing announced that it still does not have a license from the US Treasury for a $3 billion contract with Iran Aseman Airlines, media reports said. Aseman Airlines signed a final purchase agreement with Boeing in Tehran on Saturday for 30 737 Max jets and an option for 30 more, spokesman Amir […]