Entries by Forouzan Mahmoudi

Iran Enjoys 56% Rise in Tourist Arrivals, Expects More

ore than 4.7 million foreigners travelled to Iran during the seven months to October 22, according to Ali Asghar Mounesan, the head of Iran’s Cultural Heritage, Handicraft and Tourism Organization. The number shows a growth of 56% in total number of foreign visitors compared with the same period last year. “Despite all the externals restrictions, […]

Major European bank keen on resuming coop. with Iran

TEHRAN, Dec. 02 (MNA) – An official working in Iran’s banking system said Sun. that the country has held several sessions with a major European bank during which the bank has voiced readiness to resume cooperation with Iran in the face of US sanctions. Ahmad Taheri Behbahani made the remark during the unveiling ceremony for […]

France, Germany, US sanctions

France and Germany will likely host the Special Vehicle Purpose (SPV), a special payment channel created by Europe as part of its efforts to keep trade flowing with Iran in defiance of US sanctions, senior diplomats told the Wall Street Journal. The Monday report said the governments participating in the payment channel will directly manage the company […]

China’s CNPC replacing France’s Total in Iran project

China’s CNPC replacing France’s Total in Iran project DUBAI (Reuters) – China’s state-owned CNPC has replaced France’s Total <TOTF.PA> in Iran’s multi-billion dollar South Pars gas project, Iranian Oil Minister Bijan Zanganeh said, according to the semi-official news agency ICANA on Sunday. “China’s CNPC has officially replaced Total in Phase 11 of South Pars but […]

IAEA confirms Iran’s commitment to nuclear deal

The International Atomic Energy Agency (IAEA) has once again confirmed that Iran continues to fulfill the commitments made under the agreement on the Iranian nuclear program, said Yukiya Amano, general director of the organization. “Iran fulfills commitments related to the nuclear program within the framework of the Joint Comprehensive Plan of Action. It is very […]

Iran to expand relations with Europe

TEHRAN – Majlis National Security and Foreign Policy Committee Chairman Heshmatollah Falahatpisheh said on Tuesday that Iran will continue expanding ties with European countries. “Europeans are killing time while Iran is waiting for mechanisms to expand economic relations with them,” he said during a meeting with Dragan Todorovic, the Serbian ambassador to Tehran, according to […]

Japan, South Korea plan to resume Iran oil imports from January

TOKYO/SEOUL (Reuters) – Refiners in Japan and South Korea are looking to resume Iranian oil imports from January after receiving waivers from U.S. sanctions on Tehran, sources familiar with the matter said. The unexpected resurgence in Iranian oil imports due to the waivers has helped push spot prices for Middle East crude and condensate to […]

Continuing trade co-op with Iran vital: German official

TEHRAN- “Despite the U.S. sanctions against Iran, German businessmen and entrepreneurs underscore continuation of trade ties with Iran,” an official from the Ministry of Economic Affairs, Transport, Agriculture and Viticulture of Rhineland Palatinate (MWVLW) told Deutsche Welle on Thursday. “We plan to provide German companies, collaborating with Iranian counterparts, with required information,” the official added. […]

EU ready to help Iraq deal with US sanctions on Iran

ERBIL, Kurdistan Region – The European Union is ready to help Iraq “deal with the consequences” of US sanctions on Iran, the EU’s foreign policy chief told Iraq’s prime minister in a phone call on Friday. “In addition to its support for Iraq in its stance on the American sanctions on Iran, the European Union is […]