sanctions

ASEAN finance ministers consider ditching US dollar, euro for financial transactions

Apr 01, 2023 07:17

Finance ministers and central bank governors from the Association of Southeast Asian Nations (ASEAN) have met and discussed ways to ditch the dollar and euro in their financial transactions and move to settlements in local currencies.
World Court says US violated intl. law by freezing Iran assets, orders compensation

Mar 31, 2023 06:13

Judges at the International Court of Justice (ICJ) in The Hague have ruled that the United States had violated international law by allowing American courts to confiscate nearly two billion dollars in assets from Iranian companies, and ordered Washington to pay compensation, the amount of which will be determined later.
Iran vehicle output hit all-time record in year to March

Mar 31, 2023 05:17

Iran’s vehicle production hit an all time record high in the calendar year to late March despite a significant reduction in the production of foreign brands under the complete knock down (CKD) arrangement.
Iranian foreign minister hails fruitful talks in Russia

Mar 30, 2023 08:08

Highlighting the significant and fruitful meeting with his Russian counterpart during a visit to Moscow, Iranian Foreign Minister Hossein Amir-Abdollahian said negotiations have been held on the long-term comprehensive cooperation agreement between the two states.
Russia says no alternative to JCPOA, calls for lifting sanctions on Iran

Mar 30, 2023 06:08

Russia’s foreign minister has called on the United States to lift sanctions on Iran and return to the 2015 nuclear deal while emphasizing that there is no alternative to the agreement reached between Iran and the world powers in 2015.
Iran’s foreign debt down 25.1% in year to March: CBI

Mar 30, 2023 05:10

The Central Bank of Iran (CBI) in its latest figures has put the country’s foreign debt at $6.497 billion, down by more than a fourth compared to figures announced in late March 2022.
Iran oil exports up 0.76% to 2.65 mln bpd in February: IEA

Mar 29, 2023 06:16

Latest figures by the International Energy Agency (IEA) show that Iran continued to increase its oil exports in February despite the US sanctions.
Window will not remain open forever to revive nuclear deal: Iran FM

Mar 28, 2023 08:40

Iranian Foreign Minister Hossein Amir-Abdollahian has cautioned the United States and three European parties to a 2015 nuclear deal that the window of opportunity to revive the US-abandoned agreement will not remain open forever.
Canada sanctions more IRGC members, Iran's law enforcement officials

Mar 28, 2023 05:44

Canada adds more Iranian individuals and companies to its sanctions list, targeting the Islamic Revolution Guards Corps (IRGC) and law enforcement forces, over what Ottawa claims to be systematic human rights violations and production of drones and ballistic missiles.
Inflation control a perennial target: President Raeisi

Mar 26, 2023 12:01

Iran's President Seyyed Ebrahim Raeisi described efforts to curb inflation and stimulate domestic production as permanent programs of his administration, urging the organizations in charge to propose practical plans to that end.