Insider news & Analysis in Iran

(Reuters) -- A United Nations expert panel has concluded that a shipment of rockets and other weapons that was seized by Israel came from Iran and represents a violation of the U.N. arms embargo on Tehran, according to a confidential report obtained by Reuters on Friday.

Reps. Ed Royce (R-CA) and Eliot Engel (D-NY) – respectively the chairman and ranking member of the House Foreign Affairs Committee – on Tuesday released the text of a bipartisan letter that they indicated would soon be sent to President Barack Obama “noting that Congress played a central role in enacting sanctions against Iran and informing him that any long-term sanctions relief for Iran requires Congressional action,” the latest in what has become a back-and-forth between the White House and Congress over the degree to which lawmakers should be involved in the implementation of any agreement between Washington and Iran over the latter’s atomic program.

Forbes- Emanuele Ottolenghi: Is Iran using virtual currency and other new payment methods to circumvent financial sanctions?

As recently revealed by an exclusive Reuters report on Iran’s procurement efforts, a UN panel in charge of monitoring sanctions’ implementation believes that Iran may have “learned how to outsmart security and intelligence services in acquiring sensitive components and materials.” Iran not only knows how to cover the tracks of its procurement; its agents have figured out how to bypass financial sanctions as well. They appear to have learned from organized crime how to launder money and move illicit revenue across borders. 

The world is looking forward to the resumption of much different negotiations later this month when Iran and the five permanent members of the UN Security Council plus Germany come together for a new round of nuclear talks. But right now, these powers remain in a relatively quiet phase of the process.

The US Federal Court has accused a Chinese Electronic Company called “Shandang-Shinran” of selling night vision cameras to Iran and breaking the sanctions against Iran.

In an article published in Forbes, Addison Wiggins gives a partial account of how Iran has coordinated with other Middle Eastern and Asian countries in order to evade US-led economic sanctions that were in place throughout 2012 and 2013. Those sanctions resulted in billions of dollars of Iranian assets being frozen in US banks, while the Islamic nation was shut out of subsequent conventional sales of oil and natural gas, which must be conducting in American currency through a global payment network called SWIFT.

Iran Protests 2018

Free Iran 2018 Gathering - 30 June 2018 - Villepinte, Paris

latest INU tweet

GETTING TO KNOW IRAN'S REVOLUTIONARY GUARDS

THE STORY OF THE 1988 MASSACRE IN IRAN

Copyright © 2018 Iran News Update