US sanctions hinder Iran’s robust economic recovery

Iran’s economy would unlikely be restored to a robust level if major U.S. sanctions on the country remain, recent researches and opinions indicated.

Macro Economy

Iran’s GDP could grow by 3.5% this year if JCPOA revived: IIF

The Institute of International Finance (IIF) has estimated that Iran’s economy will continue to grow by a modest rate of 3.5% this year if the country and world powers succeed in talks to revive a 2015 nuclear deal.

Macro Economy

Chinese FM Wang Yi calls for US to return to Iran nuclear deal

Chinese Foreign Minister Wang Yi said that the United States should return unconditionally to the Iran nuclear deal as soon as possible, while lifting sanctions on Iran and third-party entities and individuals.

Macro Economy

Diplomatic window of opportunity open to bring JCPOA back on track: Borrell

The European Union’s top foreign policy official has called for a concerted effort to use what he has referred to as a "diplomatic window of opportunity" in order to revive a 2015 nuclear agreement signed between Iran and major world powers.

Macro Economy

Biden repudiates Trump’s “snapback” mechanism, offers to restart nuclear talks

The Biden administration rescinded former president Donald Trump’s restoration of U.N. sanctions on Iran, an announcement that could help Washington move toward rejoining the 2015 nuclear agreement aimed at reining in the Islamic Republic’s nuclear program.

Macro Economy

JCPOA worthless if sanctions not lifted: Araghchi

Iran’s deputy foreign minister for political affairs reiterated that the nuclear deal signed with world powers would be of no value if sanctions were not lifted.

Macro Economy

China supports step-by-step US return to JCPOA

China has called for an “unconditional” US return to the 2015 Iran nuclear agreement and removal of the sanctions it restored against the Islamic Republic after unilaterally abandoning the UN-endorsed agreement.

Macro Economy

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

Germany reiterates full JCPOA commitment, regrets US withdrawal

Germany has reiterated its full commitment to a multilateral nuclear agreement signed between Iran and major world powers in 2015, saying the United States’ move to pull out of the agreement is "regrettable."

Macro Economy

US can impose neither negotiations nor war on Iran: Rouhani

Iran’s president told the UN General Assembly Tuesday that the United States could impose "neither negotiations nor war" on the Islamic Republic amid heightened tension between the longtime foes over Tehran’s 2015 nuclear deal with major powers.

Society Economy