Iran-EU Relation

Trade between Iran and EU member states during the first two months of 2019 stood at €757 million to register a nearly 80% plunge compared with last year’s corresponding period. Iran’s trade…

Members of the European financial mechanism company known as INSTEX [Instrument in Support of Trade Exchanges] and its Iranian counterpart will join talks between Iran and the five signatories…

The CEO of a newly registered Iranian reciprocal company for trade with Europe says the company is ready to launch its first trade with Europe, according to a notice on the Central Bank of Iran…

Iran traded 8.68 million tons of non-oil commodities worth $10.44 billion with members of the European Union during the last fiscal year (ended March 20, 2019) to register a 14.83% and 22.55%…

The Special Purpose Vehicle, a dedicated non-dollar payment channel created by Europe to keep trade flowing with Iran in defiance of US sanctions, is likely to be launched soon.  According…

Iran and the European on Monday discussed regional issues, particularly the political and humanitarian situation in war-ravaged Yemen. 

Oil trade is the cornerstone of Europe’s financial mechanism to maintain business ties with Iran and the system cannot operate without covering the sale of Iranian crude, Foreign Minister…

With the European Union’s failure to officially launch its mechanisms to counter the United States’ sanctions against Iran, it is essential for the country to actively pursue economic diplomacy…

Trade between Iran and the 28 member states of the European Union during the first three quarters of 2018 amounted to €14.89 billion, which shows a 7.5% rise compared with the similar period of…

The "Iran-EU Seminar on Development of Agrifood Trade, Standards and Agricultural Cooperation" was held in Tehran for eliminating agrifood trade barriers and becoming familiar with each other’s…

Iran’s political and financial interests at present lie in remaining in the 2015 nuclear pact, but the adherence will definitely not be sustainable if the European Union continues to vacillates…

As the US ramps up its hostility against Iran, several economic sectors have taken a hit. One among many is the global risk rating. Among the benefits of the 2015 nuclear deal Iran signed with…

The European Union will continue its cooperation with Iran in the transportation sector, deputy director general of the European Commission’s Mobility and Transportation Department said.

Europe has intensified efforts to preserve the Iranian nuclear accord and maintain economic relations with the Islamic Republic in the face of growing pressure after the US administration…

The European Union, in a joint statement with France, Germany and Britain on Friday, said they regret Washington’s decision to reimpose sanctions on Iran. "We deeply regret the further…

It's time for the remaining signatories to the Iran nuclear deal to finalize their measures to counter the Unites States' sanctions against Tehran before they fully come into force, the Iranian…

A senior lawmaker said the European Union’s request for opening an office in Tehran could be granted, if Europeans provide practical economic support for Iran in the face of US…

Although the European Union has vowed to create a special purpose vehicle to continue trade with Iran after the US sanctions on Tehran’s oil return next week, the bloc is struggling with the set…

Governor of the Central Bank of Iran has provided some details about the payment system to be unveiled by the European Union in the coming days saying that the mechanism allows Iranian and…

A top EU diplomat reiterated the bloc’s intention to continue defending the 2015 Iran nuclear deal as an outstanding achievement of multilateral diplomacy in collaboration with the United…

A new European Union mechanism to facilitate payments for Iranian exports should be legally in place by Nov. 4, when the next phase of US sanctions hit, but will not be operational until early…

Pursuing the establishment of a European Union office in Tehran is firmly on the agenda of Majlis National Security and Foreign Policy Commission, which has passed on the proposal presented by…

The establishment of a European Union office in Tehran could help facilitate and strengthen relations between Iran and European countries, a former Iranian diplomat said.

Federica Mogherini, the European Union’s foreign policy chief, said a so-called "Special Purpose Vehicle" under consideration to facilitate trade with Iran could be in place “before November”.…

Five world powers and Iran agreed late on Monday to set up a financial facility in the European Union to facilitate payments for Iranian imports and exports, including oil, a key move sought by…