ASEAN Foreign Ministers Call for De-escalation
JAKARTA – The foreign ministers of the Association of Southeast Asian Nations (ASEAN) have issued a formal joint statement expressing deep concern over the rapidly escalating tensions in the Middle East since June 13. The statement was released on Thursday, … Continue reading ASEAN Foreign Ministers Call for De-escalation
Airlines Reroute Flights Amid Middle East Tensions
FRANKFURT/BANGKOK/TOKYO – After the downing of Malaysia Airlines Flight MH17 in July 2014, many airlines—excluding Chinese carriers—abandoned the shorter northern routes over Russia and Ukraine. Flights between Western Europe and Asia were rerouted southward, adding three or more hours to … Continue reading Airlines Reroute Flights Amid Middle East Tensions
USA: Iran oil waiver has no impact on China trade talks
Washington – U.S. Secretary of State Mike Pompeo says Washington’s decision to end Iran oil waivers to China will not have a negative impact on the latest trade talks between the world’s two leading economies. “We have had lots of … Continue reading USA: Iran oil waiver has no impact on China trade talks
China complains over end to Iran oil sanction waivers
Beijing – China’s Foreign Ministry said on Tuesday it has formally complained to the United States over its decision to end waivers on sanctions on Iranian oil imports, adding another fault line to already complicated Beijing-Washington ties.China is Iran’s largest … Continue reading China complains over end to Iran oil sanction waivers
Iran Auto Market : Higher Production, Sales
Teheran – During the first six months of the current fiscal which started in March Iran automotive industries registered a 10% year-on-year increase in sales. According to the latest statistics released by the Security and Exchange Organization, major domestic carmakers … Continue reading Iran Auto Market : Higher Production, Sales