With most sanctions lifted, Iran is going all-in on its potential to become a transport hub in the heart of Eurasia, returning the country to its traditional position as a vital link between East and West. However, Iran’s transportation dreams have a major problem in the current reality: decades of sanctions have left the country’s […]
* Asia imports 1.9 mln bpd in Sep, up 5.1 pct yr/yr * China monthly imports rise 60 pct to 784,000 bpd * S.Korean imports hit 5-month high at 504,000 bpd * Japan imports drop more than 30 pct to 216,000 bpd * Indian imports down nearly a third at 415,400 bpd TOKYO, Oct 31 […]
Tehran, Iran – What would have been a routine visit by the head of the International Atomic Energy Agency (IAEA) became a public relations opportunity for the Iranian government. Yukiya Amano was in Tehran on Sunday, his first visit since US President Donald Trump told Congress that Iran is not complying with the Joint Comprehensive […]
A recent string of “financing agreements” that various governments and international banks have signed with Iran indicates that Tehran is finding solutions to leave behind the bottlenecks in financing its international projects. The question at this stage is whether or not such deals will facilitate the planned expansion of trade and investment with international — and especially […]
Interview with Bijan Khajehpour, faculty member of the Schranner Negotiation Institute and expert on negotiations with Iranians: Mr. Khajehpour, thank you for taking the time for this interview. The Islamic Republic of Iran is a country of rich cultural heritage. How do these cultural characteristics affect today’s business dealings in Iran? One could write an entire […]
OSLO (Reuters) – Renewable energy is booming in Iran, where installed capacity is expected to grow at least sevenfold over the next five years, despite U.S. President Donald Trump’s more confrontational attitude towards Tehran. Iran’s latest deal was signed on Tuesday, when Norway’s Saga Energy concluded a $2.9 billion (£2.2 billion) deal to build solar […]
PARIS (Reuters) – A United States Congress decision on the Iran nuclear deal could clarify Washington’s stance on the international accord and lead to a positive outcome for Total and its planned $5 billion Iranian gas project, its CEO said on Wednesday. Congress has two months to decide whether to reinstate sanctions on Iran after […]
Just days after US President Donald Trump called for further isolation of Iran, a Norwegian solar company signed a deal Tuesday to invest 2.5 billion euros in the country over the next five years. “Norway is fully committed to the JCPOA (nuclear deal) and this is proof that we have taken the opening very seriously, […]
LONDON (Reuters) – U.S. President Donald Trump’s revised hardline policy towards Iran will have little impact on Tehran’s ambition to develop its vital oil industry and attract foreign investment, a senior Iranian official said on Tuesday. The Islamic Republic hopes to signs 10 new deals with foreign companies to develop oil and gas fields by […]
The European Union has urged US politicians to preserve the Iran nuclear deal, warning that Donald Trump’s threat to end it could jeopardise international security and damage diplomatic efforts to defuse tension in North Korea. The EU’s foreign policy chief, Federica Mogherini, said the president’s threat risks making it “more difficult to open any form […]
Most of India’s pending issues with Iran, especially those relating to payment for import of Iranian oil, have been resolved, Finance Minister Arun Jaitley has said. “There were several pending issues with Iran, particularly relating to the oil payment. Most of them have been resolved,” he told reporters on Saturday following a meeting here with […]
resident Donald Trump has finally made good on his threat to decertify Iranian compliance with the 2015 nuclear deal. Despite warnings from his most senior national security officials — Secretary of State Rex Tillerson, Secretary of Defense James Mattis and National Security Advisor H.R. McMaster — Trump is determined to eviscerate the legacy of his […]
The package would include a strong statement backing the deal by European powers, together with efforts to lobby the U.S. Congress and put wider pressure on Iran, officials said. But without strong U.S. support for the deal, senior officials in Berlin, Paris and London say it may be only a matter of time before the […]
House Minority Leader Nancy Pelosi will hold a briefing with key negotiators of the Iran nuclear deal just days before President Trump is expected to decertify the Obama-era agreement. Former Secretary of State John Kerry and former Energy Secretary Ernest Moniz, who spearheaded the negotiations that led to the agreement, will participate in a panel […]
Mofid Securities, Iran’s largest independent brokerage and financial advisory company, has entered into a major new agreement with Azimut Group, one of Europe’s leading asset managers. The agreement will see Azimut take a 20% stake in Mofid Entekhab, the asset management business of Mofid Securities, as Azimut and Mofid seek to bring a higher […]
European officials and business executives are quickly mobilizing a counter effort to the expected U.S. rebuff of the Iran nuclear accord, encouraging companies to invest in Iran while urging Congress to push back against White House moves that could hobble the deal.ZURICH — The European stance — sketched out on the sidelines of an Iran-focused […]
EU business leaders have said they are prepared to do everything they can to salvage the Iran nuclear deal in the event of a US withdrawal, as the Danish credit agency extended export guarantees to Tehran in the run-up to a showdown with Donald Trump. The US president has reportedly decided to decertify Iran’s compliance with the landmark […]