UK High Court this month will take up a case brought by Iran’s Bank Mellat against the British government over a 2010 freeze of assets. for which the lender is demanding $1.6 billion in compensation.
Read More »US Treasury Hits Iran’s Petrochemical Industry with Sanctions
The administration of US President Donald Trump has announced new sanctions on Iran. targeting the country’s petrochemical industry. including its largest petrochemical holding group. called Persian Gulf Petrochemical Industries Company (PGPIC).
Read More »Chinese Bank “Kunlun“ Starts Operation in Iran
China'.s Bank of Kunlun is the only Chinese bank that cooperates with the Islamic Republic of Iran.
Read More »Iran Gas Production. Exports Rise
Close to 14 billion cubic meters of natural gas was sold in 2018 -- up 5% compared to the year ago.
Read More »China’s Bank of Kunlun Resumes Operations in Iran
China’s Bank of Kunlun has revived operations in Iran. Vice Chairman of Iran Chamber of Commerce. Industries. Mines and Agriculture (ICCIMA) Pedram Soltani tweeted.
Read More »Iran`s Non-Oil Trade with East Europe Falls
Imports stood at 157.095 tons worth $79.55 million. up 60.98% in tonnage and down 58.72% in value YOY.
Read More »Russia`s President Backs JCPOA. Rejects What`s Being Done Against Iran
Russian President Vladimir Putin has once again stressed the importance of preserving the multilateral nuclear agreement signed between Iran and major world powers in 2015. saying Moscow does not approve of what is being done against Iran.
Read More »Iran Has No Intention of Withdrawing From OPEC
Iran has no plans to leave OPEC.
Read More »German FM to Travel to Iran Next Week to Discuss JCPOA
Germany’s Foreign Ministry says the country’s top diplomat Heiko Maas is to travel to Tehran next week to address ways to save the 2015 nuclear agreement between Iran and six world powers.
Read More »Iran Calls for More Academic Cooperation with France
Iranian Ambassador to Paris Bahram Qassemi. in a meeting with a group of researchers on Friday. called for expansion of academic cooperation between Iran and France.
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