[13 July 13] India will make all payments for Iran crude in Rupees -...
India is to settle its 1.53 billion dollars dues with Iran in Rupees. From now on, all the trade will only be done in Indian currency.
Until...
India is to settle its 1.53 billion dollars dues with Iran in Rupees. From now on, all the trade will only be done in Indian currency.
Until February, 45 percent of the Indian oil import payments were made in Euros, with the money going through Turkish Halkbank. Since then Indian crude oil importers have held on to their payments.
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[14 July 13] India will make all payments for Iran crude in Rupees -...
India is to settle its 1.53 billion dollars dues with Iran in Rupees. From now on, all the trade will only be done in Indian currency. Until...
India is to settle its 1.53 billion dollars dues with Iran in Rupees. From now on, all the trade will only be done in Indian currency. Until February, 45 percent of the Indian oil import payments were made in Euros, with the money going through Turkish Halkbank. Since then Indian crude oil importers have held on to their payments. A Russian route to make payments in Ruble was explored however it did not work out. Finally the Rupee transactions are left as the only alternative.UCO Bank is the only Indian designated institute under the rupee-payment mechanism with Iran. It is backed by its tie-ups with five Iranian banks which worked on carrying out the process of settlements of dues in April last year.
Sanjay Sethi, Press TV, New Delhi
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[25 Nov 2013] Iran Foreign Minister Says : New deal will protect Iran-s...
Iran\'s foreign minister who headed the country\'s negotiating team in its nuclear talks in Geneva says the new deal will protect Iran\'s...
Iran\'s foreign minister who headed the country\'s negotiating team in its nuclear talks in Geneva says the new deal will protect Iran\'s enrichment rights. Mohammad Javad Zarif has also said that Tehran\'s ready to negotiate a final, comprehensive deal on its nuclear energy program. This as the interim deal signed in Geneva has been hailed as a great win for all sides involved in the marathon talks. Let\'s have a closer look.
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[26 Nov 2013] Iran SNSC secy Illegal sanctions have had no effect on...
The secretary of Iran\'s Supreme National Security Council says Western threats and illegal sanctions against Iranians have had no effect on the...
The secretary of Iran\'s Supreme National Security Council says Western threats and illegal sanctions against Iranians have had no effect on the nation\'s will to go ahead with its nuclear program.
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[12 Dec 2013] UNSC Iran panel says sanctions will remain in force - English
The UN committee monitoring sanctions against Iran has welcomed a recent nuclear deal between Tehran and the five permanent members of the Security...
The UN committee monitoring sanctions against Iran has welcomed a recent nuclear deal between Tehran and the five permanent members of the Security Council plus Germany. The committee, however, reiterated that all UN sanctions will remain in force until a final deal is reached.
The US representative to the UN was addressing the committee\'s first briefing since the Geneva accord in November. The deal offers Iran a limited sanctions relief in exchange for scaling down its nuclear program. The UN Security Council has imposed four rounds of sanctions on Iran over the country\'s nuclear energy program.
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[05 Feb 2014] Tehran has always supported Palestinians, and will...
In a meeting with the Secretary General of the Islamic Jihad Movement in Tehran, Mohamad Javad Zarif said the resistance will undoubtedly be...
In a meeting with the Secretary General of the Islamic Jihad Movement in Tehran, Mohamad Javad Zarif said the resistance will undoubtedly be successful in defending the rights of Palestinians. He also touched on the importance of unity and convergence among Muslims. Zarif also said there are attempts to spread Iranophobia in the region, adding that they are meant to downplay the threats of Israel for Muslim countries. The head of the Palestinian Islamic Jihad Movement, in turn, said Israel has for many times broken its promises in the so-called peace talks. Ramezan Abdullah also stressed that the only way for Palestinians to go ahead is through resistance.
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