TEHRAN — Iran’s Intelligence Ministry announced Thursday that it has arrested five people involved in the disruption of the foreign currency market. According to a statement released by the ministry, in addition to the arrest of five people who had allegedly disrupted the Tehran foreign exchange market, the bank accounts of 841 illegal foreign exchange … Read more
TEHRAN — Iran’s chief nuclear negotiator said Tuesday that Iran has entered a new round of Vienna talks with “useful and constructive” proposals and expects “practical steps” from the West in this regard. In the new round of talks, resumed on Nov. 29, the negotiations entered an important stage, and “Iran made very useful and … Read more
TEHRAN: Secretary of Iran’s Supreme National Security Council Ali Shamkhani on Tuesday accused the United States of seeking “a new crisis” in the region after the fall of the Islamic State (IS) militant group, state TV reported. “The United States is very angry about the collapse of Daesh (the IS) in Syria and Iraq as … Read more
TEHRAN, Dec. 2 (Xinhua) — Iran’s chief negotiator in the Vienna talks announced on Thursday that two draft texts containing Iran’s proposals on sanctions removal and nuclear restrictions have been presented to the parties to the 2015 nuclear agreement, formally known as the Joint Comprehensive Plan of Action (JCPOA). “Logically, the other side should now … Read more
KARACHI: The Federation of Pakistan Chambers of Commerce and Industry’s (FPCCI) Businessmen Panel has called for early implementation of barter trade mechanism signed between Pakistan and Iran during the 9th Joint Trade Committee meeting held in Tehran to jack up the bilateral trade to $5 billion annually, a statement said on Saturday. Businessmen Panel chairman … Read more
SINGAPORE: A coordinated release from government oil reserves led by the US may add about 70 million to 80 million barrels of crude supply, smaller than the more-than-100 million barrels the market has been pricing in, Reuters quoted analysts at Goldman Sach, as saying. “On our pricing model, such a release would be worth less than $2/bbl, … Read more
Saudi Arabia held its position as the biggest supplier of crude oil to China for an 11th month in a row in October, with volumes up 19.5 per cent from a year ago, Arab News quoted Customs data, as showing. Saudi oil arrivals totalled 7.1 million tonnes, or 1.67 million barrels per day (bpd), data from the … Read more
ISLAM QALA, Afghanistan: Iran is sending tens of thousands of Afghan migrants back to Taliban-ruled Afghanistan every week despite the threat of famine, aid agencies and witnesses say, with many Afghans alleging they have been mistreated by Iranian authorities. During decades of conflict, millions of Afghans have crossed into their western neighbour seeking to escape … Read more
TEHRAN: Iran will not leave the negotiating table, Iranian President Ebrahim Raisi said on Thursday, after the announcement that the Vienna nuclear talks will resume on Nov 29. “As Iran has previously stated, we will not leave the negotiating table, but we will stand up to excessive demands that cause damages on the interests of … Read more
TEHRAN: Iran said on Wednesday it had thwarted an attempt by the US navy to seize a tanker in the Sea of Oman carrying its oil, state television reported. It gave no details of the date of the incident or the country where the vessel is registered. The report comes amid faltering efforts to revive Iran’s nuclear … Read more
BEIRUT: Israeli airstrikes hit positions held by the Syrian government and its pro-Iranian allies near Damascus overnight, a war monitor said on Wednesday. Syrian state news agency SANA confirmed the raids and said they caused only material damage. “The Israeli enemy launched an aerial aggression with a number of missiles,” the news agency quoted a … Read more
TEHRAN: Iran repeated its insistence on Monday its nuclear programme was peaceful, two days after the US, Britain, France and Germany expressed their “grave” concern on the sidelines of a G20 meeting. Foreign ministry spokesman Saeed Khatibzadeh told reporters in Tehran that Western positions were “incompatible with reality and will not bring constructive results”. The Western statement … Read more
TEHRAN: An Iranian general has said Israel and the United States were likely to have been behind a cyber attack that interrupted the distribution of fuel at service stations. Tuesday’s attack “technically” resembles two previous incidents whose perpetrators “were unquestionably our enemies, namely the United States and the Zionist regime”, the Revolutionary Guards’ Gholamreza Jalali … Read more
PARIS: US envoy for Iran Robert Malley will on Friday meet diplomats from three European powers over the Iranian nuclear crisis as Vienna-based talks to salvage a 2015 deal remain suspended. The agreement between Iran and world powers to find a long-term solution to the now two-decade-old crisis over its controversial nuclear programme has been … Read more
KARACHI: The Federal Board of Revenue (FBR) has decided to form committees for the determination of Customs valuation of goods originating from Afghanistan and Iran. In this regard, the FBR proposed amendments in the Customs Act, 1969 through SRO 1352 (I)/2021. According to the proposed amendments, the law would apply for the determination of values … Read more
LAHORE: The inclusion of Iran in ‘C category’ was adversely affecting flight operations and bilateral trade. Talking to Lahore Chamber of Commerce and Industry (LCCI) president Mian Nauman Kabir, senior vice president Mian Rehman Aziz Chan and vice president Haris Ateeq, Iranian Consul General Muhammad Raza Nazri said that there was no such restriction from … Read more
TEHRAN: Iranian and Pakistani military commanders have agreed to cooperate in manufacturing military vessels and submarine maintenance, Tasnim news agency reported on Saturday. In a visit to the Pakistan Navy’s shipyards in the port city of Karachi on Friday, Mohammad Hossein Baqeri, visiting Chief of Staff of the Iranian Armed Forces, was briefed on the … Read more
RAWALPINDI: Army Chief General Qamar Javed Bajwa has termed close cooperation between Pakistan and Iran key for regional peace and stability. He was talking to Iranian Chief of General Staff Major General (CGS) Mohammad Bagheri, who called on him in Rawalpindi on October 13, said Radio Pakistan. During the meeting, the two officials discussed a … Read more
