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US Contemplating Waivers for Countries Import Oil From Iran
The administration of President Donald Trump is contemplating waivers on sanctions it plans to re-impose next month for countries that are cutting their oil imports from Iran, a US government official says.
Iran-Kyrgyzstan Trade Ties Grow by 12%
Kyrgyzstan’s ambassador to Iran Avazbek Abdurazakov said on Sunday that trade ties between Tehran and Bishkek have grown by 12% this year.
Iran Sets Deadline for EU to Implement Anti-Sanction Plan
In an interview with IRNA, Deputy Foreign Minister Abbas Araqchi said Iran has underlined that the European Union’s decision to set up a payment system to allow foreign oil companies and businesses to continue trading with Iran while evading the US sanctions should come into effect no later than November 4.
E3+2 to Maintain Trade with Iran by Special Channels
Remaining parties to the Iran nuclear deal have promised to establish a ‘special purpose vehicle’ to facilitate payments related to Iran’s exports as part of efforts to salvage the Joint Comprehensive Plan of Action after the US’ withdrawal.
Official Transactions between Iran, Iraq without US Dollar
Iraq indicated that it has officially removed the US dollar in trade with Iran by announcing a legal limit for passengers to carry along Euros - instead of the customary US Dollars - into the Islamic Republic.
Iran Exports to EU Rise 5% as Imports Decrease 21%
Turkey Tracks Non-Dollar Transactions in Trade: Erdogan
Turkish President Recep Tayyip Erdogan has lashed out at the United States for behaving like "wild wolves," saying Ankara would pursue non-dollar transactions in trade with Russia and other countries.
French Minister Warns UK Must Bend on Brexit Proposal
French Europe Minister Nathalie Loiseau cast fresh doubt Friday on Britain's Brexit blueprint for future trade ties with the European Union, warning its current proposal "is not possible."
Iran's MP Sign Motion to Impeach Finance Minister
Iranian Member of Parliament launched impeachment proceedings against the finance minister on Sunday, over his handling of the economy in the face of new US sanctions.
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