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Iran

Why Russia and Iran are ditching the dollar

The U.S. has employed economic sanctions on Russia and Iran in hopes of crippling them financially, making it more difficult for them to compete for influence in the region. However, Russia and Iran are working together to ditch the dollar to weaken the effects of U.S. sanctions. The two are working to develop a new […]

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Iranian MP: Europe Unable to Preserve the Nuclear Deal

TEHRAN – Vice-Chairman of the Iranian Parliament’s National Security and Foreign Policy Commission Mohammad Mehdi Boroumandi said Europeans lack the necessary power and will to safeguard the nuclear deal, stressing the need for Iran to take the next step to scale down more undertakings under the JCPOA. “The Europeans have neither the will nor the […]

US Sanctions Don’t Work

WACHINGTON, D.C. – The US government departments involved in enforcing economic sanctions against other countries say they do not know whether the coercive measures actually work. According to a new report by the Government Accountability Office (GAO), “The Departments of State, Commerce, and the Treasury have assessed sanctions’ impacts – for example, on a targeted […]

Cooperation of Iran, Serbia Private Sectors

TEHRAN/BELGRADE – Serbian Ambassador to Iran Dragan Todorovic underlined the necessity for activation of the two countries’ private sectors to further increase mutual cooperation, especially in the economic field. Todorovic made the remarks in a meeting with the Senior Advisor of the Iranian Parliament, Speaker Hossein Amir Abdollahian in Tehran on Wednesday. He also highlighted […]

Why Doesn’t India Follow China’s Iranian Oil Policy?

Iran’s ambassador to India claimed that the U.S. urges New Delhi to suspend its Iranian oil purchases, worth about $5 billion a year, through the threat of sanctions. The Iranian ambassador also called for India to become more active in its implementation of the Chabahar project which could rival the nearby Chinese-controlled Gwadar port in […]