Iran China

Club of sanctioned countries: potential bloc against US ‘economic terrorism’

Iran has been resisting the US sanctions following the 1979 Islamic Revolution. 40 years on, many other countries are also suffering and withstanding those punitive measures. Now, Tehran is proposing that all these US-sanctioned countries join a club to better coordinate their efforts against its "economic terrorism".

Trade

Iran seeks 25-year-old partnership to join China’s Belt and Road Initiative

Iran is seeking long-term strategic partnership with China within the framework of Beijing’s ambitious Belt and Road Initiative that revives the old Silk Road, increasing the country’s commercial prowess in the world.

Transportation

China continued Iran oil imports in July in teeth of US sanctions: Report

Iran is now relying on the Asia’s rising dragon to be a helping hand in its oil sales as the US sanctions impede foreign Iranian crude flow. The latest data show China is trying hard to prove the US can’t affect its economy.

Energy

Iran’s vice president urges China, friendly countries to buy oil

After one year of the imposition of oil sanctions, Iran’s economy now enjoys a stable status. Iran expects friend countries to act more actively in buying Iranian oil, Iran’s Vice President Jahangiri said.

Energy

Iranian tanker unloads second crude cargo in China after sanctions waivers end: Report

Data by the French company Kpler show that the oil has been delivered at one of the Sinopec’s refineries. It would be the second oil shipment from Iran to China following the end of US sanctions waivers on 2 May.

Energy

Iran sets sights on 2m Chinese tourists a year after visa drop

The Iranian authorities are seeking to attract up to two million Chinese tourists a year after Tehran decided to unilaterally revoke visa regime for citizens of the wealthy Asian country.

Mine and Industry

Iran delivers first Chinese oil cargo since May: Report

Data from oil tankers show that an Iranian oil carrier has berthed at a Chinese port to be the first confirmed delivery of Iranian crude purchase after 2 May when the US didn’t extend oil sanctions waivers for clients of Iranian energy.

Energy

Iran seeking monetary pacts with regional countries: FM Zarif

Iranian Foreign Minister Mohammad Javad Zarif says his country is in talks with several regional countries to do business in national currencies.

Financial Markets

Iran offers business incentives for SCO member states

The Iranian president has said that his country is prepared to facilitate business opportunities for the economic activities of the Shanghai Cooperation Organisation businessmen and women.

Trade

Iran’s FM Zarif tours Asia to rally support for Tehran against US pressures

India, Japan and China are Iran’s three biggest oil clients that have stopped their purchases after Trump Administration didn’t renew sanctions waivers. Iranian Foreign Minister Mohammad Javad Zarif has finished his Asian tour to rally these countries’ support behind Tehran at a time of heightened tensions with the US.

Trade