Wednesday, December 19, 2018

Eye on Iran: Iran Steers Exporters To Defend Rial Against U.S. Sanctions



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Iran's reshuffled economics team is trying a new tactic to defend the rial against U.S. sanctions -- ordering exporters to sell their foreign-currency earnings on a government-regulated trading platform. The directive to use the online platform is meant to steer more foreign currency into the system, thus aiding government efforts to "deal with the enemy's hostility," the semi-official Tasnim News reported, citing Economy Minister Farhad Dejpasand.


Switzerland is close to launching an initiative to let companies sell food, medicine and medical devices to Iran using a payments channel that would be the first such mechanism to win Washington's approval since it reimposed sanctions against Tehran. Berne's humanitarian supplies plan - which is the subject of delicate ongoing talks with the US and Iran - comes as leading EU powers hope within weeks to set up a much-touted mechanism to finance broader trade with Tehran. 


In May, President Donald Trump announced that the United States would withdraw from the 2015 nuclear agreement, negotiated by the Obama Administration, designed to keep Iran from developing or acquiring nuclear weapons. As part of that reversal, the Trump administration reimposed economic sanctions on Iran. From the start, the US actions stoked tensions and fear of Iranian retaliation in cyberspace. Now, some see signs that the pushback has arrived.
   
NUCLEAR DEAL & NUCLEAR PROGRAM


Ever since President Hassan Rouhani's government signed the Joint Comprehensive Plan of Action (JCPOA) with six world powers in July 2015, little domestic consensus has materialized over the deal - which has aroused concern, criticism and accusations from his relentless hard-line rivals. The heated debate over whether the decision to strike the accord was right has now resurfaced as conservatives find the government an easier target following the May 2018 US withdrawal from the agreement.


The head of Iran's Strategic Council on Foreign relations Kamal Kharrazi has said that if European special trade arrangements are not implemented "it does not mean Iran will exit from the JCPOA [nuclear agreement]". A day earlier, Kharrazi who is also a foreign policy advisor to Iran's Supreme Leader had said that if Europe does not deliver on its promises about facilitating trade with Iran, it will "suffer".

SANCTIONS, BUSINESS RISKS, & OTHER ECONOMIC NEWS  


India will deposit payments for crude oil imported from Iran into escrow accounts of five of their banks held with state-run UCO Bank Ltd. after the two nations agreed on a payment mechanism to overcome U.S. sanctions, according to people with knowledge of the matter. Iran will use part of the deposits for purchasing essential goods from India and to meet expenditure incurred by its diplomatic missions in the South Asian nation, the people said, asking not to be identified because the information isn't public.


Despite the U.S. sanctions, Iran continues to explore and discover new oil and gas reserves and now ranks "first in terms of oil and gas reserves in the world," Iranian media quoted Seyyed Saleh Hendi, head of exploration at the National Iranian Oil Company (NIOC), as saying. "Based on our Five-Year Development Plan, we have had good achievements in exploration of oil and gas reservoirs, so that we now rank first in terms of oil and gas reserves in the world," Fars news agency quoted Hendi as saying at a press conference this week.


Iran's airspace remains open to all international flights, including U.S. airliners, but most European countries refuse fuel to Iranian planes, an official has said. "Iran's sky is open to all countries, except Israel," head of the Iranian Civil Aviation Organization (CAO) Ali Abedzadeh said, Press TV reported on Tuesday. Currently, American airplanes are also passing through the Iranian sky and Iran has not imposed restrictions on any country, Abedzadeh said. 

MISSILE PROGRAM


Iran's top diplomat has argued that his country's growing missile force was strictly for defensive purposes and criticized the Israeli head of state for touting the reach of his offensive weapons. Iranian Foreign Minister Mohammed Javad Zarif took to social media Tuesday to respond to Israeli Prime Minister Benjamin Netanyahu's visit the day prior to Israel Aerospace Industries, where he bragged that researchers "are developing offensive missiles here that can reach anywhere" in the Middle East, as well as "any target."

PROTESTS & HUMAN RIGHTS


Iran's Supreme Leader Ali Khamenei fears increased and growing popular protests in 2019. The state-run Tasnim News Agency reported that during a meeting with the families of the so-called "Shrine Defenders" who were killed in Syria and Iraq, Khamenei accused the US of planning to "create [disruption] and civil war with the help of sanctions and counter security measures" and "drag people on the streets" to protest in Iran.


For the second day in a row, Iranian authorities on Tuesday detained a number of steel mill workers after five weeks of protests over delays in salaries. The factory of the state-owned National Iranian Steel Group in Ahvaz, the capital of southwestern Khuzestan province, was founded in early 1960s and has nearly 4,000 workers. It was privatized in 2008 but following financial problems, its ownership returned to a government bank in 2016.


An Iranian member of parliament denounced the arrest of several striking workers following weeks of protests at a steel plant in southwestern Iran, the semi-official ISNA news agency reported Wednesday. "A number of workers of the National Steel Group who had work-related complaints were arrested two days ago," Alireza Mahjoub, head of parliament's labour faction, said in a speech to lawmakers.


The U.N. General Assembly adopted a resolution on Monday, condemning Iran's human-rights violations. The final tally of the Canadian-drafted measure was 84-30 with 67 abstentions. The resolution called on Iran to halt its use of random detentions and "alarmingly high" executions in addition to discriminating against women, conveying "serious concern about ongoing severe limitations and restrictions on the right to freedom of thought, conscience, religion or belief."

U.S.-IRAN RELATIONS & NEGOTIATIONS


Washington is reconsidering its practice of letting hostile Iranian officials send their children to U.S. schools because it sees that as unfair to other Iranians, U.S. Special Representative for Iran Brian Hook says. In an exclusive interview with VOA Persian at the State Department, Hook noted that most Iranians are barred from entering the U.S. because of their government's perceived support of terrorism and other malign behaviors. 

IRANIAN INTERNAL DEVELOPMENTS


The newlywed son-in-law of Iranian President Hassan Rohani has resigned from a senior institutional appointment two days after starting the job amid accusations of nepotism against Rohani's already embattled government. The lightning appointment and exit of 33-year-old Kambiz Mehdizadeh comes roughly four months after reports said he married one of Rohani's daughters in August.


One of candidate Donald Trump's pledges during the 2016 election campaign was to get tougher on Iran. He slammed the 2015 Iran nuclear deal as a lopsided giveaway to Tehran, and promised a return of American sanctions on Iran. President Trump has been true to his word, making 2018 a difficult year for Iran. Although other countries have stuck with the Joint Comprehensive Plan of Action signed with Iran, Trump pulled the United States out of the deal in May and announced that U.S. economic sanctions on Iran would return in two phases.

RUSSIA, SYRIA, ISRAEL, HEZBOLLAH, LEBANON & IRAN


Russia, Iran and Turkey, supporters of the main sides in Syria's complex civil war, on Tuesday failed to agree on the makeup of a U.N.-sponsored Syrian Constitutional Committee but called for it to convene early next year to kick off a viable peace process. In a joint statement read out by Russian Foreign Minister Sergei Lavrov after the trio met U.N. Syria peace envoy Staffan de Mistura in Geneva, they said the new initiative should be guided "by a sense of compromise and constructive engagement".
  
GULF STATES, YEMEN, & IRAN


The number etched on the bracelet around Mohammed's wrist gave the 13-year-old soldier comfort as missiles fired from enemy warplanes shook the earth beneath him. For two years Mohammed fought with Yemen's Houthi rebels against a military coalition led by Saudi Arabia and backed by the United States. He says he tortured and killed people and didn't care whether he lived or died. But if he died, the bracelet would guarantee his body made it home.


This week the government of Yemen and Houthi rebels made the most significant advance yet in the quest for peace in Yemen, which was torn apart by the 2015 Houthi coup. They agreed to a ceasefire in the strategically important port city of Hodeidah, through which the vast majority of the country's imports and aid flow. The truce concluded seven days of constructive talks in the town of Rimbo, Sweden, which have rightly been heralded as a positive sign that we are entering the beginning of the end of this terrible conflict.


The Emir of Kuwait, Sheikh Sabah Al Ahmad, has underlined his country's interest in promoting collaboration with Iran, IRNA reported on Tuesday. In a meeting with Iranian ambassador to Kuwait Mohammad Irani, Al-Sabah said, "We consider Iran as our neighbor and we are interested in developing our beneficial cooperation with Tehran." Irani submitted his credentials to the Emir during an official ceremony at Al-Bayan Palace.

IRAQ & IRAN


Iranian-backed Shia militias inside Iraq, once viewed by many Iraqis as saviors who helped the country defeat the Islamic State, are destabilizing Iraq's infant and fragile government and creating additional tension between Baghdad and Washington.  There was a brief sigh of relief when an Iraqi government was finally formed in September. It took five months of wrangling after a national election in May. But the militias, more commonly known as Hashd al-Shaabi, or Population Mobilization Forces (PMUs), Iran's major weapon in Iraq, are shattering this tenuous national unity and becoming a divisive force in a country that just last month seemed optimistically moving toward reconciliation.


An Iraqi administrative court has annulled former Prime Minister Haider al-Abadi's decision to remove Faleh al-Fayadh from his posts as head of the National Security Council and leader of the Shiite-dominated Popular Mobilization Units (PMU). Abadi had dismissed Fayadh from his positions on Aug. 30 due to his involvement with political parties in violation of the Iraqi Constitution. Abadi sacked Fayadh after he joined a coalition of parties close to Iran following the May parliamentary elections. Fayadh's move was a crucial step in costing the US-backed Abadi a shot at a second term.






Eye on Iran is a periodic news summary from United Against Nuclear Iran (UANI) a program of the American Coalition Against Nuclear Iran, Inc., a tax-exempt organization under Section 501(c)(3) of the Internal Revenue Code. Eye on Iran is not intended as a comprehensive media clips summary but rather a selection of media elements with discreet analysis in a PDA friendly format. For more information please email press@uani.com.

United Against Nuclear Iran (UANI) is a non-partisan, broad-based coalition that is united in a commitment to prevent Iran from fulfilling its ambition to become a regional super-power possessing nuclear weapons.  UANI is an issue-based coalition in which each coalition member will have its own interests as well as the collective goal of advancing an Iran free of nuclear weapons.

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