Russian energy giant Rosneft has loaned more than $6bn to PDVSA.
Read More »Iran to Build Several Yellowcake Factories in Yazd
The financial mechanism between Iran and Europe may be launched on January 31 or February 12.
Read More »Germany. France. UK to Set Up EU Channel for Transactions with Iran
The European transactions channel for Iran will be called INSTEX (Instrument in Support of Trade Exchanges).
Read More »8 Months Too Long for Establishing SPV
All the EU countries are hoping that SPV would be in place soon.
Read More »Implementation of EU Trade Mechanism with Iran Imminent
Iran says it will remain in the nuclear deal as long as its economic interests are guaranteed.
Read More »Switzerland & Iran Developing Payment Channel to Bypass US Sanctions
The European Union is also working on a financial mechanism to ease non-dollar trade with Iran and circumvent US sanctions.
Read More »EU Lacks Power to Counter US Pressures
The second batch of US sanctions against the Islamic Republic took effect on November 4.
Read More »EU to Continue to Work on SPV Mechanism with Iran
SPV is a financial mechanism that the European Union has proposed to facilitate trade with Iran.
Read More »Iran`s SRL Team Wins 2nd Place in RoboCup Asia Pacific Drone Section
An Iranian robotic team from East Azarbaijan province won the second place in the RoboCup Asia Pacific (RCAP) drone category.
Read More »Iran`s SRL Team Wins 2nd Place in RoboCup Asia Pacific Drone Section
An Iranian robotic team from East Azarbaijan province won the second place in the RoboCup Asia Pacific (RCAP) drone category.
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