Syria and Iraq Create "Severe Restrictions" on Import of Goods From Iran

NCRI Staff

NCRI - The Deputy of the Iranian Chamber of Commerce announced that despite the establishment of a $1 billion credit line (by Iran regime) for Syria, this country has created “restrictions” on import of Iranian goods.

He also announced that in recent weeks “Iraq has raised Iran's dairy export tariffs form 5 to 25 percent in one day.”

EU Must Stop Its Trade Deal With Iran Regime

NCRI Staff

NCRI - The European Union is Iran's biggest trading partner at $8 billion a year (and pending deals that may increase it further) but do Britain, France, and Germany value that partnership over their supposed opposition to the Iranian Regime’s nuclear weapons programme?

The International Atomic Energy Agency (IAEA) - the UN’s nuclear watchdog- recently released a report that Iran had secretly made highly-enriched uranium and plutonium- a clear violation of the Nuclear Nonproliferation Treaty- and deliberately hid the evidence for almost 20 years.

Institutionalized Corruption of Iran Regime

NCRI Staff

NCRI - During factional feud among Iranian regime officials, the state-run Etemad newspaper acknowledged the institutionalized corruption as the root of the super-challenges of the system, and in an article on 20 November 2017 titled “The Super Challenge of Iranian Economy” wrote: “We are facing four super-challenges, the first of which is the fundamental decision-making system.”

“This is the main crisis and the background for creating crisis, that is to decide how much the exchange rate and interest rates will be, or how to allocate oil resources to different sectors.”

French Businessmen Disappointed With Iran Market

NCRI Staff

NCRI - After the initial euphoria caused by the lifting of the sanctions on Iran, French companies interested in working with Iran are now in a state of despair and disappointment, according to the French Economic publication, the Challenge.

The French publication wrote: “The official lifting of sanctions against Iran in January 2016 created great hope for French companies. Nearly two years after that date, we are now seeing disappointment among the French businessmen and industries.”

Banking Restrictions for Iranians in China and Malaysia

NCRI Staff

NCRI - Reports indicate that bank restrictions for Iranians in China and Malaysia and the closure of a number of their bank accounts have started in these two countries.

"China has been restricting its banking ties with us for weeks," Ali Shariati, a member of Iran's Chamber of Commerce told state-run ILNA news agency on Tuesday, November 14. “Especially with Trump’s trip to the country, this trend has intensified, but in Malaysia, the banks have announced a few days ago to some Iranian businessmen and even Iranian students that they cannot provide them with banking services.”

“Lack of Transparency Is the Black Hole of Iran Regime's Budget”

NCRI Staff

NCRI - Head of the Iranian regime’s Court of Audit says that unlike Iran, in no place in the world, the amount of government debt is “confidential”; the country's budget balance in 2016 has reached negative 61 thousand, and "disorderliness and lack of transparency" are the "black hole" of Iran's budget.

According to the state-run Tasnim news agency affiliated to terrorist Quds force on Monday, November 13, Adel Azar announced the issue at a public session of parliament, and said: “One of the key indicators of the budget is its operational level. In 2011, this level was 28 thousand negatives and in in 2016, it was 61 thousand negatives showing that we have to sell the assets and resources of the country, which are oil and companies, to provide the necessary money.”

World-Class Banks Refuse to Cooperate With Iran

NCRI Staff

NCRI - A member of the Iranian regime’s Money and Credit Council has reported that major banks are refusing to cooperate with the regime, and due to lack of transparency, the conditions for the connection of Iranian banks with the world-class banks are not provided.

According to the state-run Tasnim news agency affiliated to terrorist Quds force, Bahman Abdollahi said on Saturday, November 11, 2017: “The predictions made to achieve Iran's economic and banking relations after the nuclear deal are not correct, and the first-class major banks in the world refuse to cooperate with Iran. One of the reasons for this lack of cooperation is the lack of transparency of financial accounts of Iranian banks.”

Iran's Oil Exports to Europe Down by Another 39%

NCRI Staff

NCRI - The state-run Fars news agency affiliated to IRGC published the news on 39% reduction in Iranian regime’s oil export to Europe and blaming the United States for the fall in the regime’s oil export and wrote: “Iran's oil sales to Europe have fallen because of the U.S. threats, and Europeans are still planning to reduce their purchases of oil from Iran despite the JCPOA agreement.

Iran's total crude oil and condensate exports in October will drop by about a fifth to a month earlier this month, reaching the lowest figure in the past 19 months, according to international news agencies.

Why Is Iran Regime Hiding Information on Dams?

NCRI Staff

NCRI - A London-based human rights organization, which focuses on the Middle East has found that the data for hundreds of Iranian dams is missing.

Small Media found that out of over 1,000 dams listed on the Iranian Energy Ministry’s online database, only about 100 had complete profiles. This means that for hundreds of other dams across Iran, it is unclear who is in charge of them, whether they are still active, and their start and end dates.

Iran news in brief

Iran: Tehran's Iconic High-Rise (Plasco Building) Collapsed Due to Fire

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