The Bureau of Industry and Security (BIS) of the US Department of Commerce has imposed sanctions on two Armenian firms and a Georgian company for illegally exporting sensitive items to Iran, the Armenian and Georgian media have reported
Armenia Events
Armenia mulling over dumping the dollar in trade with the Iranian Regime
Yarijanyan said the officials are looking for trade in their national currencies and have proposed establishment of a credit institution outside the banking system to the president of Armenia. Referring to his recent meeting with Armenian President Armen Sarkisian in a news conference on Tuesday, Yarijanyan pointed to economic relations between the two countries, and said…
Armenian speaker rules out support for U.S. sanctions against the Iranian Regime
The United States should not pressure Armenia to cut commercial ties to neighboring Iran because of U.S. sanctions against Tehran, parliament speaker Ararat Mirzoyan has said during a visit to Washington. Speaking at the Atlantic Council, a Washington-based think-tank, on Monday, Mirzoyan…
Iran and Armenia to exchange trade with local currencies
“We are following up necessary measures to do business with hard currencies of the two countries i.e. rials and drums, so that proposal of setting up a finance and credit institution beyond banking rules has been submitted to the Islamic Republic of Iran.” He made the remarks in a press briefing on Tuesday and said…
Australian national sentenced over illicit shipments of aircraft parts to Iran
On March 21, 2019, 57-year-old Australian national David Russell Levick was sentenced to 24 months in prison after pleading guilty to procuring and attempting to procure U.S.-origin aircraft parts for transshipment to Iran without a license
Despite sanctions Bulgaria signs six agreements with Iran to widen cooperation
The agreements were signed during a meeting between Iran’s visiting Minister of Roads and Urban Development Mohammad Eslami with Bulgarian senior officials, including Prime Minister Boyko Borissov, in Sofia on Thursday
Iran wants strong trade ties with Pakistan
Iran’s Industry, Mines and Trade Minister Reza Rahmani has stressed the need to raise the volume of trade with Pakistan to $5 billion by 2021…
Around 10 million people are still illiterate in Iran
Nearly nine million Iranians are suffering from “absolute illiteracy” a news report compiled by Majles (Iranian parliament) Research Center (MRC) says…
Turkey defies the United States with more imports of Iranian gas
Iran is increasing its natural gas exports to a number of countries, including Turkey which plans to raise imports..
Turkey plans to import more Iranian gas
Turkey plans to increase imports of Iranian natural gas, a senior Iranian official told state news agency IRNA on Monday…
Iran drops lower in world rankings of happiest nations
Finland has topped an index of the happiest nations for the second year in a row, while Iran ranked 117th out of 156 countries…
