Iran Europe

US addicted to sanctions, but Iran can weather them: Zarif

Iran’s Foreign Minister Mohammad Javad Zarif says the United States is addicted to sanctions, but the Iranians can pass through the current "critical" stage with national unity.

Iran Chamber

From EU we expect action, more than words: Zarif

Iran FM Zarif says the country needs to see the measures in place on the ground, not simply in writing, not simply in words

Trade

EU allocates 80 bln USD fund for businesses with Iran: official

The European Union has established an 80-billion-U.S. dollar fund to give credit to small and medium enterprises doing business with Iran, an Iranian official said on Wednesday.

Financial Markets

EU to shield firms working in Iran: Mogherini

EU countries on Monday gave European firms legal cover to operate in Iran despite the US pullout from the nuclear deal, after a report that the US administration has rejected calls by Brussels for an exemption from sanctions.

Trade

EU3 to open dollarless trade with Iran: Russia

Russia’s Foreign Minister Sergei Lavrov says the three major European signatories to a landmark nuclear deal with Iran agreed to establish trade ties with Iran independent of the US dollar.

Financial Markets

Financial transactions, key to Iran-Europe business: ICCIMA president

In a meeting with Swiss Chamber of Economy president in Bern, ICCIMA president discussed US withdrawal from the JCPOA and its effects on the economic relations and financial transactions between Iran and Europe and developing mutual cooperation between Iranian and European small and middle-sized companies.

Iran Chamber