Abbas Mousavi, spokesman for Iran’s Ministry of Foreign Affairs, said sanctions have in effect blocked every financial channel available to Iran for buying food and pharmaceuticals. The Trump administration reimposed sweeping penalties on Iran’s economy after exiting the 2015 nuclear deal.
International banks should be allowed to deal directly with Iran given the scale of the outbreak in the country, Mousavi said Wednesday at a press briefing conducted via teleconference.
On Tuesday, U.S. Secretary of State Mike Pompeo said countries that want to offer humanitarian aid to Iran should seek the release of foreigners and dual-national Iranians from its prisons in exchange.
Iran should “immediately release on humanitarian grounds all wrongfully detained Americans,” Pompeo said in a tweet, adding that “their detention defies basic human decency.”
Iran released thousands of prisoners on furlough last week in order to prevent the virus from spreading in jails. Nearly 300 people have died from the outbreak in Iran, the hardest hit country after China and Italy.
Today, the Alliance for Chemical Distribution (ACD) welcomed 666 members and industry leaders for its highly anticipated 2024 Annual Meeting held in La Quinta, California.
View ArticleThe National Retail Federation still expects steady sales growth for the winter holiday season despite contradictions in the latest economic indicators, NRF Chief Economist Jack Kleinhenz said today.
View ArticleDonald Trump’s victory in the US Presidential Election is ‘a step in the wrong direction’ for international trade as importers fear another spike in ocean container shipping freight rates.
View ArticleIndustry updates and weekly newsletter direct to your inbox!