Judiciary says to sue European firms for aiding Saddam’s gas attacks on Iranians

TEHRAN - Ali Baqeri-Kani, the head of the Iranian Judiciary’s High Council for Human Rights, says Iran has filed lawsuits in international courts against European companies that provided chemical materials to former Iraqi dictator Saddam Hussein’s regime, who used chemical weapons against Iranians in the 1980s, according to Press TV.

Iran blames EU on INSTEX ineffectiveness

TEHRAN - Central Bank of Iran (CBI), in response to Germany’s blaming Iran for the ineffectiveness of EU trade channel with the Islamic Republic called INSTEX, said Europeans’ lack of courage is the main cause behind the failure of this financial channel.

Iran-EU trade stands at nearly $8.9b in 7 months

TEHRAN- The trade between Iran and European Union countries during the first seven months of the current Iranian calendar year (March 20-October 21) stood at $8.807 billion, the spokesman of Islamic Republic of Iran Customs Administration (IRICA) announced.

U.S. offers talks with Iran on daily basis, spokesman says

TEHRAN – Saeed Khatibzadeh, the spokesman for Iran’s Foreign Ministry, has said the United States makes efforts to hold talks with Iran every day.

BY: Ebrahim Fallahi

Iran Oil Show 2019: ‘Iran not alone in oil market’

TEHRAN - European exhibitors participating in the 24th International Oil, Gas, Refining and Petrochemical Exhibition of Iran (Iran Oil Show 2019) believe that the recent U.S. pressures for isolating Iran’s economy wouldn’t stop them from trying to find a way for collaborating with Iran’s oil, gas and petrochemical sectors.

BY Haniyeh Sadat Jafariyeh

SPV: A European mechanism to struggle U.S., gain economic autonomy

In their joint statement on that last day of January, French Foreign Minister Jean-Yves Le Drian, German Foreign Minister Heiko Maas, and British Foreign Secretary Jeremy Hunt introduced the SPV (a special purpose vehicle) also called INSTEX (Instrument in Support of Trade Exchanges), the financial mechanism which enables Iran to keep doing business with the rest of the world despite the draconian financial sanctions imposed by the Trump administration.

Iran-Europe monetary mechanism established: CBI governor

TEHRAN – The governor of the Central Bank of Iran (CBI) has said a bilateral monetary agreement has been struck between Iran and Europe, through which exporters can receive their revenues from exports to other countries.

Document on Iran-Europe co-op should be ready by the next few days: MP

TEHRAN - Majlis National Security and Foreign Policy Committee Chairman Heshmatollah Falahatpisheh said on Sunday that document on economic cooperation between Iran and Europe should be prepared in the next few days.

Iran, EU issue joint statement on preserving nuclear deal 

In their first joint statement since the U.S. pulled out of the international nuclear agreement, officially called the JCPOA, the European Union and Iran issued a joint statement on Monday underlining the need to preserve the agreement and guarantee Iran’s economic interests.

EU’s imports from Iran boost 23% in H1 on year

TEHRAN- Exports of Iranian goods to the European Union countries hit €6.11 billion in the first half of 2018, increasing 23 percent in comparison with the same time in the preceding year, European Commission press release database has reported.

Trade between Iran, EU grows 53% in 2017

TEHRAN- Iran-European Union trade in 2017 increased by 53 percent in comparison with the year before, according to European Union’s statistics agency Eurostat.