sanction

7 European banks ready to work with Iran during sanctions: Zarif

Iranian Foreign Minister Mohammad Javad Zarif said that the central banks of seven European states are ready to work with Iran despite the impending U.S. sanctions, Tasnim news agency reported on Saturday.

Financial Markets

EU to announce new payment system with Iran in 6 weeks

The European Union’s biggest economic powers are planning to create a “special purpose” financial company by November 1, to thwart US President Donald Trump’s sanctions and help Iran continue to sell oil in Europe and do business transactions.

Trade

Iran, Russia, Turkey agree to ditch dollar in trade

Governor of the Central Bank of Iran says Tehran, Moscow and Ankara have agreed on a number of economic measures like removing the US dollar from their mutual transactions as part of efforts to expand their trade relations amid Washington’s pressure.

Financial Markets

EU regrets return of US sanctions on Iran

The EU said Monday it deeply regretted the US reimposition of sanctions on Iran after President Donald Trump pulled out of the 2015 nuclear pact, and vowed immediate steps to protect European companies.

Trade

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

Iran, Switzerland resolved to continue trade ties: Rouhani

Iranian President Hassan Rouhani has lashed out at American officials for threatening to stop Irans oil exports, saying they would never be able to carry out such a threat. He further said that Iran and Switzerland resolved to continue trade ties.

Trade

Sanctions will never return: Iran deputy finance minister

Iran says it is confident that a US-led regime of sanctions that had been imposed against it as a result of disputes over its nuclear energy program “will never return”.

Macro Economy