China to Resume Iran’s Oil Imports: Report
TEHRAN (Tasnim) – China will start loading the crude again in November after it halted purchases in October, according to people with knowledge of the matter.
Iran’s Bank Melli Rejects Report on Cut-Off of German Telecom Services
TEHRAN (Tasnim) – Iran’s Bank Melli vehemently dismissed as unfounded a report that the bank has seen its German branch disconnected from phone and internet services under pressure of US sanctions.
Iraq Cannot Stop Trading with Iran: Top Diplomat
TEHRAN (Tasnim) – Iraq’s new Foreign Minister Mohamed Ali Alhakim highlighted the importance of bilateral relations with Iran and said the Arab country cannot cut off its trade ties with the Islamic Republic due to the US sanctions.
Iran’s Economy Ministry to Form ‘Anti-Sanctions Management Room’: MP
TEHRAN (Tasnim) – The chairman of the Iranian Parliament’s Economic Commission said the country’s Economy Ministry plans to establish an “anti-sanctions management room” in a bid to counter the latest economic embargoes imposed by Washington against Tehran.
Enemy Could Never Cut Iran’s Oil Exports to Zero: Rouhani
TEHRAN (Tasnim) – Iranian President Hassan Rouhani said even if the US had not granted waivers to countries purchasing Iranian crude, the country’s oil exports could never be cut down to zero.
US Fines French Bank over Iran, Cuba Sanctions
TEHRAN (Tasnim) – US officials fined Societe Generale US $1.3 billion after charging the French bank with violating US sanctions on Cuba, Iran and other countries in a criminal settlement unveiled on Monday.
Russia to Open €3bln Credit Line for North-South Corridor: Iranian Minister
TEHRAN (Tasnim) – Iran’s Minister of Roads and Urban Development Mohammad Eslami said Russia has decided to open a €3 billion credit line to finance the international North-South Transport Corridor (NSTC) which connects India to Russia via Iran.
Global Economy Still ‘Very Fragile’ despite Iran Oil Waivers: IEA Chief
TEHRAN (Tasnim) – Waivers on Iranian sanctions granted by the United States provided some relief to oil markets but the global economy is still very fragile, the head of the International Energy Agency said on Tuesday.
Russia Says to Switch to National Currencies in Settlements with Iran
TEHRAN (Tasnim) – Russia may launch settlements with Iran in national currencies in order to continue bilateral cooperation despite the US sanctions against Tehran, Russian Energy Minister Alexander Novak said.
Tehran Frustrated by EU’s Slow Pace in Efforts to Save JCPOA: FM Zarif
TEHRAN (Tasnim) – Iranian Foreign Minister Mohammad Javad Zarif said Tehran is frustrated by the slow pace of EU moves to help Iran reap the full benefits of the JCPOA after Washington’s pullout from the international deal.
Japan's Fuji Oil Plans to Resume Iran Oil Loadings from January: Sources
TEHRAN (Tasnim) – Japanese refiner Fuji Oil Co is set to resume Iranian crude purchases after Japan received a waiver from US sanctions on Tehran, industry sources familiar with the matter said.
Iran-EU Joint Conference on Agriculture Opens in Tehran
TEHRAN (Tasnim) – High-ranking officials from Iran and the European Union (EU) on Monday opened a joint conference here in Tehran in a bid to promote mutual cooperation in diverse areas of agriculture.
Iran, Iraq in Talks to Ink Currency Swap Deal: Official
TEHRAN (Tasnim) – Chairman of Iran-Iraq Chamber of Commerce Yahya Ale-Ishaq said the two countries are in negotiations to finalize a currency swap agreement in a bid to boost trade ties between the two neighboring countries.
Envoy: Iran, Iraq Plan to Ditch Dollar in Trade, Remove Visa Restrictions
TEHRAN (Tasnim) – Iranian ambassador to Baghdad said Iran and Iraq are weighing plans to eliminate US dollar in trade transactions and also lift visa requirements for citizens of the two countries.
Iraq Emerges as Iran’s Top Export Destination
TEHRAN (Tasnim) – Iraq has emerged as Iran's top export destination in the current Iranian year, an official announced.
Official: US Sanctions Not to Harm Iran
TEHRAN (Tasnim) – Head of Iran's Plan and Budget Organization Mohammad Baqer Nobakht said Iran’s economy is so powerful that the US sanctions could not damage it.
Luxembourg Likely to Host EU’s SPV to Facilitate Iran Trade
TEHRAN (Tasnim) – The European Union reportedly picked Luxembourg to host the so-called Special Purpose Vehicle (SPV) which the bloc has designed to conduct banking transactions with Iran after the US withdrew from the 2015 Iran nuclear deal and restored sanctions against the Islamic Republic.
South Korea to Resume Iran’s Crude Imports from January Onwards
TEHRAN (Tasnim) - South Korea's actual resumption of Iranian oil liftings could come from January onwards as it takes time to make various arrangements, including shipping.
