Tag Archives: Iranian Banks

Sri Lankan ministers. in a cabinet meeting. highlighted that the South Asian country is in serious need for resuming its trade ties with Iran if the country is wishing to keep its tea industry alive.

A prominent Iranian analyst voiced pessimism about the efficiency of the Europe-proposed Instrument in Support of Trade Exchange (INSTEX) for trade with Iran. stressing that the European states adopt all their measures in coordination with Washington.

Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati underlined the need for the EU to purchase Iranian crude to finance the Instrument in Support of Trade Exchanges (INSTEX).

Iranian Foreign Minister Mohammad Javad Zarif said that Tehran is in talks with a number of other states. including China. India and Russia. to establish bilateral monetary channels in a bid to bypass Washington’s unilateral sanctions.

Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati stressed his country'.s interest in expanding mutual trade cooperation with Russia and selling its oil with the help of the Northern neighbor.

Secretary of the Supreme Council of Iran'.s Free Trade. Industrial and Special Economic Zones Morteza Bank and the Executive Secretary of Ghana Free Zones Authority (GFZA) Michael Okyere Baafi signed MoU on developing economic exchanges.

Europe is duty-bound to purchase Iranian crude to keep the nuclear deal alive. reminding that the European'.s offered INSTEX mechanism requires financing that should happen through crude revenues.

South Korea said its economic growth faces prolonged downside risks as uncertainty surrounding external conditions grow more than expected.

Iranian Economy Minister Farhad Dejpasand said that Tehran has witnessed no change in its tax revenues despite US pressures. with 1.09 quadrillion rials (above $8.2 billion) of tax earnings in the last local calendar year.

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.