Germany-Iran Trade Collapses Under U.S. Sanctions
Vocal Europe
Trade between Germany and Iran has collapsed under the impact of United States sanctions, data published by Funke newspapers showed, supporting Iran's assertion that Europe is failing to help preserve the nuclear non-proliferation deal it signed, the JP reports.
Data from the German Chamber of Commerce showed that trade volumes between Iran and Europe's largest economy were down 49% over the first four months of the year compared to the same period in 2018, with volumes continually declining.
The fall - to a total volume of 529 million euros - shows the impact of sanctions, imposed by the U.S. administration of President Donald Trump, that punish companies doing business with Iran by depriving them of access to the U.S. market.
Read also
-
The Prime Minister sends congratulatory messages to the supreme leader of Iran and the President of Iran
-
Phone conversation of the Foreign Minister of Armenia with the U.S. Assistant Secretary of State for European and Eurasian...
-
France, US urge 'immediate' end to Nagorno Karabakh blockade
-
The United States withdrew from sanctions against Syria for six months the provision of assistance after the earthquake
-
Armenia to sign new agreement with US in nuclear energy use
-
White House denies US Navy's involvement in blowing up Nord Stream 2
-
Meeting of Ararat Mirzoyan and Jens Plötner
-
Intensifying EU’s energy cooperation with Azerbaijan doesn’t mean human rights issues will be ignored, says German FM
-
17:08The regular session of the Anti-corruption Policy Council takes place in Jermuk
-
15:05The Prime Minister sends congratulatory messages to the supreme leader of Iran and the President of Iran
-
11:11Armenia sends earthquake aid to Turkey
-
10:43Commemoration of the Pontiff St. Sahak Partev
-
09:16Some roads are closed and difficult to pass in Armenia
-
19:55Phone conversation of the Foreign Minister of Armenia with the U.S. Assistant Secretary of State for European and Eurasian Affairs
-
18:30Prime Minister Pashinyan and President Khachaturyan meet
-
18:20Ararat Mirzoyan with Co-Chairman of the OSCE Minsk Group of France Brice Roquefeuil
-
17:01Humans could land on Mars within 10 years, Musk predicts
-
16:45France, US urge 'immediate' end to Nagorno Karabakh blockade
-
16:01Blockaded Nagorno Karabakh launches fundraiser to support quake-hit Syria
-
15:59Earthquake death toll in Turkey rises to 18,342
-
15:43Ararat Mirzoyan Held a Telephone Conversation with Sergey Lavrov
-
15:06French president rules out fighter jet supplies to Ukraine in near future
-
14:475 Day Weather Forecast in Armenia
-
14:44President Vahagn Khachaturyan wrote a note in the book of condolences opened in the Embassy of Syria in Armenia
-
14:20Azerbaijan’s provocations impede establishment of peace and stability – Armenian FM tells Russian Co-Chair of OSCE MG
-
12:57France representation to OSCE: Paris calls on Azerbaijan to restore freedom of movement through Lachin corridor
-
11:40Command of Kosovo forces highly appreciated preparation of Armenian peacekeepers
-
10:16The United States withdrew from sanctions against Syria for six months the provision of assistance after the earthquake
Most read
day
week
month
Weather
Yerevan
cloudy
Humidity: 87%
Wind: 1.03 km/h
Humidity: 87%
Wind: 1.03 km/h
11 C°
20° 12°
06.05.2024
20° 12°
07.05.2024
Poll