Buying activity in the Iranian export market for steel billet was lively in the week ended May 16 with customers rushing to place new orders for July-shipment material, especially those in the (Persian) Gulf Cooperation Council countries. They feared that purchases with later delivery dates might be hindered by the threatened reimposition of sanctions against […]
The deal lowers or abolishes customs duties, setting off a three-year process for a permanent trade agreement The biggest asset of the agreement for the union is access to the growing Iranian market with more predictable “rules of the game” in place Reported by HPMM Group according to FINANCIAL TRIBUNE ; The five-nation Eurasian Economic […]
The European Commission said in a statement it had launched the formal process to activate the Blocking Statute by updating the list of US sanctions on Iran falling within its scope The Blocking Statute forbids EU companies from complying with the extraterritorial effects of US sanctions, allows companies to recover damages arising from such sanctions […]
Mogherini said EU experts are aiming to come up with concrete proposals in the coming weeks on nine key issues, including ensuring Iran could sell its oil and gas products and have access to international finance German exports to Iran totaled nearly €۳ billion in 2017, while French exports soared from €۵۶۲ million in […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Iraqi Kurds are opening a new chapter in their relations with Iran seven months after a foiled independence referendum in the Kurdish region. The Kurdistan Regional Government hosted an Iranian government trade delegation in Erbil during the fourth economic conference between the two parties on May 2-3 to […]
The creation of such a bank would allow Europeans to continue trading with Iran, as well as with Russia, which is also facing US sanctions The EU is also considering how to protect its companies in Iran as well as retaliatory measures in the wake of the US pullout from the Joint Comprehensive Plan of Action Reported by HPMM Group according to […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Iran’s reinsurance deals with foreign counterparts are not in danger of being revoked when US sanctions snap back in a maximum of six months, the chief executive of Iranian Reinsurance Company said. “Not many deals were signed with foreign counterparts during the past two-and-a-half years and the number […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Euro-denominated financing set up by European countries to trade with Iran will not be enough to sustain economic ties with Tehran in the face of US sanctions, an adviser to the French president said on Tuesday. Following Washington’s withdrawal from the Iran nuclear agreement last week, Europe needs […]
The conference scheduled for December 2-3 will focus on several issues, including opportunities and challenges of sports industry, sports investment and financing, economic approach to sports management, marketing and technology as well as health and medi Reported by HPMM Group according to FINANCIAL TRIBUNE ; The private sector needs to play a bigger role to increase the […]
The new international Code of Ethics for professional accountants that was unveiled last month has been “long in the making,” according to Kim Gibson, CPA, a member of the International Ethics Standards Board for Accountants (IESBA) and chair of the board’s Rollout and Implementation Working Group. Gibson, who is the global head of independence for […]
