Restored Iran Sanctions mark unease for US’s European allies
The Trump administration's re-imposition of sanctions on Iran has America’s European allies fear greater regional instability...
Tag : sanctions
Iran central bank forex chief arrested ahead of US sanctions
Ahmad Araghchi, who was a vice-governor at the bank in charge of forex, was arrested along with several other unnamed individuals, according to state broadcaster IRIB...
Italy to push for ties with Iran
Remains undaunted by Trump’s election as US president IFM Correspondent November 24, 2016: In a rebuttal to US president-elect Donald Trump, Italy’s industry minister pledged to support business deals with Iran potentially worth billions of dollars. Iran re-joined the global business scene in January this year after the US decided to lift sanctions on the...
Italy to push for ties with Iran
Remains undaunted by Trump’s election as US president IFM Correspondent November 24, 2016: In a rebuttal to US president-elect Donald Trump, Italy’s industry minister pledged to support business deals with Iran potentially worth billions of dollars. Iran re-joined the global business scene in January this year after the US decided to lift sanctions on the...
Big banks still refuse transactions with Iran
Fear backlash from US Suparna Goswami Bhattacharya September 08, 2016: Post-sanctions, things are not exactly smooth for Iran. Many international banks are not letting their customers carry out transactions with Iran. Recently, ANZ bank refused its customers transactions with Iran fearing a backlash from the US treasury. Though Australia has dropped trade sanctions with Iran,...
Iran shifts tactics to lock in global energy allies
Adopts fresh approach to crude oil blending, ropes in collaborators Daniel Colover June 23, 2016: Iran’s new approach to building energy allies is being revealed as the former powerhouse staggers back onto the global stage. The lifting of Western-imposed sanctions on January 17 has given the country a new lease of life. Tehran’s ability to...
Iran’s aviation market is waiting to be tapped
Suparna Goswami Bhattacharya There is pent-up demand after years of sanctions but risks remain June 10, 2016: Iran has remained outside the international business community for close to 40 years now. Hence when sanctions were lifted this January, it was a gold rush for many. Being the 29th largest economy by GDP, Iran’s return to...
Who will win over the Iranians?
The battle for investment opportunities has just begun as the Middle East superpower opens itself to the world Suparna Goswami Bhattacharya May 25, 2016: From the time sanctions have been lifted on Iran, it has become a hot destination for investments globally. And there are ample reasons for this interest. First, one must understand the...
Iran: Renewed interest
The initial round of foreign investment is expected to benefit petrochemical and metal industries Suparna Goswami Bhattacharya August 28, 2015: For economists worldwide, July historically is usually a quiet month. However, this year has been unusually active for the global economy. First, there was Greece’s debt crisis. Then the news of China’s stock plunging stroked...
Zaiwalla & Co welcomes Iran’s nuclear deal
The solicitor gives thumbs up to the framework agreement reached with the P5+1 countries April 8, 2015: Zaiwalla & Co, the solicitors who overturned both the United Kingdom’s and European Union’s sanctions against Iranian banks, welcomed the framework agreement which has been reached between the P5+1 countries and Iran relating to Iran’s nuclear programme. This...