Entries by Forouzan Mahmoudi

Iran to sue US for sanctioning its maritime transport

Iran says it plans to sue the United States at the International Maritime Organization (IMO) for sanctioning its maritime transport services.    Mohammad Rastad, the managing director of the Ports and Maritime Organization of Iran, was quoted by media as saying that a complaint to the same effect would be filed to the IMO in […]

‘EU to continue transport co-op with Iran despite U.S. sanctions’

TEHRAN – European Commission’s deputy director-general for mobility and transport said EU is going to continue its transport cooperation with Iran despite U.S. sanctions, IRNA reported on Monday. Speaking in a two-day workshop on ports, maritime and logistics held by Iran’s Ports and Maritime Organization (PMO) in collaboration with the European Union in Tehran, Maja […]

Amano reconfirms Iran is abiding by the nuclear deal

Director General of the International Atomic Energy Agency Yukio Amano has reiterated that Iran is implementing its nuclear-related commitments under the 2015 nuclear deal, known as the Joint Comprehensive Plan of Action. “We have continued to verify and monitor the implementation by Iran of its nuclear-related commitments under the Joint Comprehensive Plan of Action. Iran […]

Tehran writes to IMO over illegal US bans on scores of Iranian ships

Tehran writes to IMO over illegal US bans on scores of Iranian ships Tehran lodges a complaint with the International Maritime Organization (IMO) against the US over the re-imposition of sweeping sanctions, which target scores of Iranian ships as part of Washington’s much-criticized push to cut off the country’s oil exports. In a tweet on […]

South Korea, Iran to trade in local currencies

South Korea says it has reached a deal with Iran to use local currencies in mutual trade between the two countries instead of the US dollar.  According to Yonhap News Agency, the two countries “will restart the won-based settlement of bilateral trade transactions” using the accounts of the Central Bank of Iran at two South Korean banks: Woori Bank and […]

France Takes The Lead In Protecting Iran Oil Trade From U.S. Sanctions

France Takes The Lead In Protecting Iran Oil Trade From U.S. Sanctions France aims to lead the European Union (EU) efforts in defying U.S. sanctions on Iran, by supporting the creation of a payment mechanism to keep trade with Iran and making the euro more powerful, France’s Economy Minister Bruno Le Maire said in an interview with […]

US to Grant Iraq Waiver Over Iran Sanctions for Energy, Foodstuff

he United States has told Iraq that it will be allowed to keep importing crucial gas, energy supplies and food items from Iran after Washington reimposes sanctions on Tehran’s oil sector, three Iraqi officials said on Friday. The waiver is conditional on Iraq not paying Iran for the imports in US dollars, said the officials, […]

France, Germany, UK, EU condemn new US Iran sanctions

France, Germany, UK, EU condemn new US Iran sanctions Paris (AFP) – France, Germany, Britain and the European Union issued a joint condemnation Friday of the US move to place fresh sanctions on the Iranian economy, vowing to protect European companies doing “legitimate” business with Tehran. “We deeply regret the reimposition of sanctions by the […]

Russia, India, Iran and create alternative trade route to Suez Canal

Officials from India, Iran, and Russia are going to meet next month to negotiate a large joint project aimed at launching a new cargo transport corridor that could become a cheaper and shorter alternative to the Suez Canal. The new shipment passage, North-South Transport Corridor (INSTC), is set to connect the Indian Ocean with the […]

US Sanctions Not Permanent, Rouhani Tells Iran’s Trade Partners

TEHRAN (Tasnim) – Iranian President Hassan Rouhani shrugged off the upcoming US sanction against the Islamic Republic and said that the country’s trade partners should be aware that Washington’s pressures on Tehran are temporary but trade ties with Iran are permanent. The Iranian people should know that the administration has no fear about the US […]