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Tag Archives: sanctions

Iran says to gradually eliminate dollar in trade with Russia

Tehran, Iran | Xinhua | Iran’s chief banker said the U.S. dollar will be gradually eliminated from Iranian-Russian economic transactions, the official news agency IRNA reported on Thursday. The trade volume between Iran and Russia stood at 4 billion U.S. dollars, which can be conducted through the Iranian currency rial and …

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Iran pursues dynamic diplomacy to counter U.S. isolation

Tehran, Iran | Xinhua | U.S. President Joe Biden’s first Middle East tour meant to rally support to counter what he called “Iranian threats” is most likely to see a watered-down achievement, given Iran’s sustained efforts to improve relations with neighbors and other countries in the region, analysts said. A handful …

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EU to ban Russian gold imports in new sanctions package

Brussels, Belgium | Xinhua | The European Commission on Friday adopted a proposal for a seventh package of measures that will ban the importation of Russian gold. The proposal is part of a new set of measures that are intended to improve the implementation and effectiveness of the EU’s six earlier …

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UN Security Council renews sanctions on DRC

Security Council’s sanctions on the DRC are designed to curb the violent activities of armed groups United Nations | Xinhua | The United Nations Security Council on Thursday renewed the sanctions imposed on the Democratic Republic of the Congo (DRC). Adopting resolution 2641 by a vote of 10 in favor to …

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Russia legalizes parallel imports amid Western sanctions

Moscow, Russia | Xinhua | Russian President Vladimir Putin signed a bill into law on Tuesday legalizing “parallel imports” in the country in a bid to stabilize prices amid Western economic sanctions. The law protects Russian companies that import certain categories of goods without the permission of the intellectual property owner, …

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G7 summit concludes, pledging new sanctions on Russia

Elmau, Germany | Xinhua | The leaders of the Group of Seven (G7) nations vowed to “continue to impose severe and immediate economic costs” on Russia at the conclusion of their three-day summit on Tuesday. They said they were seeking to impose a “price cap” on Russian oil, but no specific …

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Iran, Russia vow boost to comprehensive ties

Tehran, Iran | Xinhua | Iran and Russia called for a boost to their comprehensive ties to benefit both countries, Iranian President Ebrahim Raisi said in a Thursday statement on his meeting with the visiting Russian foreign minister. Raisi told Sergei Lavrov that continuous meetings and talks between the officials of …

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Iran condemns use of sanctions as political leverage

Tehran, Iran | Xinhua | Iran’s UN envoy said the Islamic republic condemns the imposition of sanctions by some governments as political leverage in their bilateral ties, Iranian Students’ News Agency reported on Wednesday. Iran’s Ambassador and Permanent Representative to the United Nations Majid Takht-Ravanchi made the remarks on Tuesday at …

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