EU to Protect Firms in Iran Following US Refusal to Grant WaiversEU 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 US administration has rejected calls by Brussels for an exemption from sanctions.
EU lawmakers back plan for EIB work in IranEU lawmakers gave approval on Wednesday for the European Investment Bank (EIB) to do business in Iran, overcoming a blocking attempt and keeping alive plans to save the 2015 nuclear deal with Tehran that Washington has abandoned.
European firms to continue trade with Iran: EnvoyBulgarian Ambassador to Tehran Christo Polendakov said US unilateral withdrawal from Iran deal creates no obstacle for those European firms interested in having trade in Iran.
Iran-EU trade at €5.3b in Q1The trade between Iran and European Union countries during the first three months of 2018 stood at €5.3 billion, the same as the figure of the first quarter of 2017, Tasnim news agency reported.
Iran, Eurasia Ink Preferential Trade DealIran and members of the Eurasian Economic Union signed a temporary preferential trade agreement in Kazakhstan on Saturday.
EU Moves to Block US Sanctions Against IranT he European Commission said on Friday it had started the process of renewing a sanctions-blocking measure to protect European businesses in Iran, after the United States pulled out of the Iran nuclear accord and reimposed sanctions on Tehran.
Iran is EU’s strategic partner: Bulgarian minister Bulgarian Minister of Economy Emil Karanikolov said Iran is a strategic partner for the European Union, IRIB reported.
EU to protect its firms against US sanctionsThe European Union announced that it will protect its companies against US sanctions, American media Bloomberg reported.
Iran, Europe to broaden customs coop.President of the Islamic Republic of Iran Customs Administration (IRICA) Foroud Asgari in a meeting with the Norwegian ambassador to Tehran, said that customs cooperation between Iran and Europe will be promoted.
Russia Signs EAEU-Iran FTZ AgreementRussian Prime Minister Dmitry Medvedev signed an interim agreement with a validity of four years for the formation of a free trade zone to deal with a limited range of goods between the Eurasian Economic Union and Iran, the Russian government’s website announced in a statement.
