Iran Europe

Europe-Iran Business Forum off to good start despite politicking

Iran and the European Union have kicked off a major forum to promote trade and business ties despite efforts to downgrade the event.


Iran needs to reap economic benefits of JCPOA: Borrell

The European Union foreign policy chief, Joseph Borrell, says Iran should reap the economic benefits of the 2015 nuclear deal in exchange for restrictions on its nuclear work.

Macro Economy

Europe-Iran Business Forum to be held in December

The Europe-Iran Business Forum, which is funded by the European Union, will runs Dec. 14-16 and will be the first of its kind in two years.


Iran-Europe trade at $8.8 billion in 7 months to October

Iran’s customs office (IRICA) says trade with countries in Europe, including Turkey, reached nearly $9 billon in seven months to late October.


EU’s exports to Iran stand at €2.2 billion in seven months, down 11% yoy

The spread of the new coronavirus and US sanctions has hit the European Union’s exports to Iran in the first seven months of 2020 bringing their value to €2.209 billion.


Iran Deal needs to be preserved, Trump deal not possible: Borrell

EU Foreign Policy Chief Josep Borrell has once again called for efforts to save the 2015 nuclear deal between Iran and world powers.

Macro Economy

EU regrets US refusal to allow IMF aid for Iran to fight coronavirus

The European Union has urged the United States to ease its sanctions on Iran and approve economic aid to help deal with the coronavirus pandemic, but its calls were rejected, the EU’s top diplomat said on Wednesday.

Macro Economy

European businesses fully support humanitarian assistance to Iran: Eurochambres president

President of the Association of European Chambers of Commerce and Industry (Eurochambres) says that the European businesses fully support past and current EU efforts to provide humanitarian assistance to Iran and will continue to do so.

Iran Chamber

Iranian trucks stranded in Europe, en route to home

Iran’s Roads Maintenance and Transport Organization has announced that 26 trucks and their Iranian drivers are en route to home after being stranded at the borders of Italy, Romania, Bulgaria and Turkey.


Europe’s INSTEX finally makes first deal with Iran

Germany’s foreign ministry has said that the system that was set up by Britain, France and Germany to enable trade with Iran, dubbed INSTEX, finally concluded its first transaction, facilitating the export of medical goods.