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Iran warns Citroën about suspension of work

Iran warns Citroën about suspension of work

The CEO of the SAIPA Automotive Group has pointed to Citroën pulling out of Iran, and said: “We have notified this company and its directors that we will monitor their professional behavior. Any future cooperation between the Iranian automotive industry and their foreign partners will certainly take into account their stance under difficult circumstances and sanctions.”  

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Britain: We will continue to work with Iran

Britain: We will continue to work with Iran

By reiterating his government’s support for the JCPOA, the British Ambassador to Tehran said: “Our colleagues in Iran and the UK are working hard to resolve the issues of reimposed US sanctions on Iran.”  

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Mnuchin: US considers Iran sanction waivers

Mnuchin: US considers Iran sanction waivers

Lesley Wroughton writes in Reuters that the United States in certain cases will consider waivers for countries that need more time to wind down imports of oil from Iran as it seeks to avoid disrupting global oil markets while reimposing sanctions against Tehran, U.S. Treasury Secretary Steven Mnuchin said.  

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EU opposition to US request to isolate Iran

EU opposition to US request to isolate Iran

France 24 writes that EU countries on Monday gave European firms legal cover to operate in Iran despite the US pullout from the nuclear deal, after a report that the Trump administration has rejected calls by Brussels for an exemption from sanctions.  

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Iran proposal for US investment in LNG

Iran proposal for US investment in LNG

National Iranian Gas Exports Company (NIGEC) Director, Mehran Amir-Moeini, said about a proposal to the US to participate in expanding the LNG sector of Iran: “This is still only a proposal and no directives have been issued for negotiations.

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Pompeo and Mnuchin write anti-Iranian letters to EU

Pompeo and Mnuchin write anti-Iranian letters to EU

Nick Wadhams writes in Bloomberg that Secretary of State Michael Pompeo and Treasury Secretary Steven Mnuchin rejected a request from European leaders for broad-based waivers from sanctions the U.S. will reimpose on countries that do business with Iran after the President Donald Trump backed out of the 2015 nuclear accord.  

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