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Rosneft leaves Iran joint investments of USD 30BN

Rosneft leaves Iran joint investments of USD 30BN

Russia’s largest oil producer Rosneft has decided to quit Iran and the possibility of US$30 billion worth of joint Russian-Iranian investments in oil and gas projects in the Islamic Republic, Russian business daily Vedomosti reports, quoting three sources close to Rosneft’s top management.

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Iran, UK underline increased cultural and tourism ties

Iran, UK underline increased cultural and tourism ties

At a meeting with the UK Ambassador in Tehran, Robert Macaire, the Head of the Cultural Heritage, Handicrafts and Tourism Organization of Iran stated: “A joint exhibition held between the National Museum of Iran and the British Museum can be a common project between the two countries. We are also ready to hold a handicrafts fair in the UK.”

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Iran: New European deal for trade is welcome

Iran: New European deal for trade is welcome

Iran on Wednesday praised European efforts to maintain business with Tehran despite U.S. sanctions, citing “constructive meetings” with British and French officials in Tehran this week on setting up a way to conduct non-dollar trade.

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US deadline for Turkey imports from Iran rejected

US deadline for Turkey imports from Iran rejected

Turkey’s foreign minister objected to the Trump administration’s demand that it slash imports of Iranian petroleum products in six months, arguing that the time frame is too tight given his country’s reliance on its neighbor for energy supplies.

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No EU political will to sidestep US sanctions on Iran

No EU political will to sidestep US sanctions on Iran

European Union leaders have long called for the bloc to behave more independently and strengthen its international role. Their failure to build a way to bypass U.S. sanctions on Iran has brutally exposed how far they are from that goal.

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