• Gov’t Mulls Tactics With Private Sector,  Foreign Diplomats to Counter Sanctions

    Tehran Chamber of Commerce, Industries, Mines and Agriculture hosted a meeting of foreign diplomats and businessmen on Monday. 
    First Vice President Es’haq Jahangiri and Foreign Minister Mohammad Javad Zarif, who attended the meeting as representatives of the government, weighed in on Iran’s capacity to attract foreign investment as well as on tactics to counter looming US sanctions against Iran.
    On May 8, US President Donald Trump withdrew from the 2015 Iran nuclear deal and unilaterally restored sanctions on the country, in defiance of the deal’s five other signatories—Britain, China, France, Germany and Russia. The restored sanctions are set to go into effect in two waves in August and November, and will also punish foreign companies and banks that continue to do business with Iran. 

Domestic Economy