Entries by Kamran Mokhtari

U.S. actively considering waivers on Iran oil sanctions

WASHINGTON (Reuters) – The Trump administration is actively considering waivers on sanctions it will reimpose next month for countries that are reducing their imports of Iranian oil, a U.S. government official said on Friday. The administration is “in the midst of an internal process” of considering exceptions called SRE waivers, or significant reduction exemptions, said […]

International Court Orders U.S. to Ease Some Iran Sanctions

International Court Orders U.S. to Ease Some Iran Sanctions PARIS — In a rebuke to the Trump administration, the International Court of Justice ordered the United States on Wednesday to ease some sanctions against Iran, including those related to the supply of humanitarian goods and the safety of civil aviation. In response, Secretary of State […]

Norway working closely with Iran

The Norwegian Ambassador to Tehran, Lars Nordrum, says Oslo is fully committed to the JCPOA and will support promised financial mechanism by the European Union to continue trade with Iran in the face of US sanctions. Mehr News correspondent Marjohn Sheikhi sat down for an exclusive interview with Ambassador Nordrum at Mehr News office on […]

Iran says it is close to oil deal with Europe

Iran says it is close to oil deal with Europe IRAN’S Foreign Minister Mohammad Javad Zarif said on Saturday that Teheran was closing in on an agreement to sell oil to European nations despite US threats of sanctions against any country that does business with Iran. If the arrangement comes to fruition – some British […]

Iran plans to use other currencies to get around US sanctions

Iran plans to use other currencies to get around US sanctions Iran plans to get around US sanctions on its oil sales by selling its petroleum and conduct international trade in currencies other than the US dollar, the Iranian diplomat who negotiated the nuclear deal said Saturday. “The actual mechanism would be to avoid dollars,” […]

Germany and Iran nuclear deal

Germany says it will stick to Iran nuclear deal; EU too looks at circumventing US-imposed sanctions United Nations: German Foreign Minister Heiko Maas has said that Berlin is committed to the Iran nuclear deal even though Washington has pulled out. “The nuclear agreement with Iran may not be perfect. But so far, it has prevented Iran […]

SPV and US sanction on IRAN

EU Blocking Statute, SPV Can Derail US Sanctions on Iran – Economist European powers have partnered with Russia and China to create a new financial mechanism aimed at continuing trade with Iran, despite protests from the United States and its ongoing trade war with multiple world powers. The vehicle is set to bypass American sanctions and […]

Iraq Chamber Says No to U.S. Sanctions against Iran

Baghdad, Sep 28 (Prensa Latina) The head of the Trade Chambers Federation of Iraq, Jaafar Hamdani, asserted that his country will not accompany U.S. economic sanctions on Iran, say today news media in this capital.   Hamdani heads a delegation that began last Tuesday a visit to the neighboring country to agree on formulas to […]

Minimum 7 central banks ready to work with Iran: Zarif

TEHRAN – Foreign Minister Mohammad Javad Zarif said on Thursday that at least seven central banks have agreed to create a special financial mechanism to have relations with Iran. Hailing Europeans’ efforts to provide Iran with a financial mechanism to save the Iran nuclear deal, Zarif said the proposed “Special Purpose Vehicle” will come into […]

Rouhani meets senior officials at UN

TEHRAN – Iranian President Hassan Rouhani held separate meetings with various top officials on Monday on the sidelines of the UN General Assembly meeting in New York. In a meeting with Turkish President Recep Tayyip Erdogan, Rouhani said Iran welcomes Turkey’s investment. Erdogan also called for closer cooperation with Iran and said Turkey will stand […]