S. Korea Imports No Oil from Iran in June Forex
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First Vice-President Eshaq IRGC on Monday Delivered State-of-the-Art Equipment to Its Jahangiri Says the Government Has Naval Forces to Equip Them With Created Over 144,000 Sustainable Chemical, Biological, Radiological Jobs in the Rural Areas by And Nuclear Defense (CBRND) Earmarking Over 8,000b Tomans Systems for Defending the Country VOL. XXV, No. 6724 TEHRAN Price 20,000 Rials www.irannewsdaily.com TUESDAY, JULY 16, - TIR 25, 1398 2 4 8 DOMESTIC 3 DOMESTIC INTERNATIONAL SPORTS Tehran Ready For Talks IKCO Seeks 150m Euros Bastille Day Parade Djokovic Claims Fifth Marred by Clash Between Wimbledon Title in If Sanctions Lifted Damages From Peugeot Protesters and Police Record-Breaking Final > SEE PAGE 2 > SEE PAGE 3 > SEE PAGE 4 > SEE PAGE 8 Iran Rejects Europe’s Forex Market Stable Despite Europe Urged to Make Investments “Unrealistic” JCPOA Expectations In Iran to Save JCPOA IRAN NEWS NATIONAL DESK U.S. Toughest Sanctions IRAN NEWS POLITICAL DESK TEHRAN - Foreign Ministry Spokesman Seyed Abbas TEHRAN - Foreign Minister Mohammad Javad Zarif Mousavi says it is unrealistic to expect Iran to reverse says the Europeans do not seem ready yet to put its decision to reduce its nuclear commitments unless investment into saving the 2015 nuclear agreement the European parties help Iran reap the benefits of the with Iran, despite their claim to be willing to retain it. sanctions removal. “The Europeans claim they were willing to Mousavi made the remarks on Monday in reaction to maintain the JCPOA, but we have not seen Europe a recent statement on JCPOA by the three European yet to be ready for an investment,” he told reporters countries – France, Germany, and the UK. upon arrival in New York, where he is going to “The government of the Islamic Republic of Iran attend a high-level UN meeting. closely monitors the statements and stances held by the Expressing one’s interest and preparedness to save European parties to the JCPOA in terms of their an international agreement “is totally different from compliance with the governments’ obligations under being ready to make the investments required to save the deal and the approvals of the Joint Commission,” that deal and the Europeans have not done that yet,” Mousavi said. Zarif said. “We emphasize that the continuation of Iran’s Britain, France, and Germany in January announced voluntary measures – which are based on good faith and the establishment of a mechanism aimed at enabling within the framework of the JCPOA – hinges on the non-dollar trade between the 28-nation bloc and Iran, mutuality of the rights and obligations envisaged in the officially called the Instrument in Support of Trade deal,” he added. Exchanges (INSTEX). “Such a path should not be considered a one-way See Page 7 road,” the spokesman noted. See Page 7 Iran May Return to Iran Responsible for Over Pre-JCPOA Conditions 70% Drugs Busts in World TEHRAN (PressTV) - The spokesman for the Atomic IRAN NEWS ECONOMIC DESK Energy Organization of Iran (AEOI) says Tehran is TEHRAN (MNA) – Head of Iranian Anti-Narcotics planning to go back to the conditions preceding the Police said Sunday that Iran is responsible for over TEHRAN – Governor of Iran’s Central Bank (CBI) says the bank has managed to surmount the toughest landmark 2015 nuclear deal unless European signatories 70 percent of illicit drug busts in the world. sanctions and economic pressures which have been imposed by the U.S. since last year and has passed it. fulfill their obligations. Speaking at a regional working group meeting on Speaking in Mashhad, Abdolnaser Hemmati said despite U.S. toughest sanctions, the Central Bank has Behrouz Kamalvandi said on Monday that prevention of industrial drug precursors, Head of Iranian succeeded in controlling the foreign exchange market. He added that the forex market is currently stable and there Tehran’s retaliatory decision to reduce some of its Anti-Narcotics Police, Brigadier General Masoud is no concern. commitments under the Joint Comprehensive Plan Zahedian said that “despite unjust sanctions, the Islamic He went on to say that the U.S. and its allies were after crippling Iran’s economy , adding that the of Action (JCPOA) is within the framework of the Republic of Iran has managed to take remarkable CBI will not let any rise in the forex price and it currently witnesses strengthening the value of the accord which says if one side fails to deliver its measures in countering drug trafficking, the results of national currency. commitments, the right is reserved for the other which are enjoyed by all countries in the world.” Hemmati reiterated that the U.S. was after destroying Iran’s national currency and it used to talk about dollar to party to reconsider its obligations. He went on to add that “Iran is responsible for over be traded at 40,000 to 50,000 tomans but it failed to materialize its goal. “If the Europeans and the United States do not fulfill their 70 percent of illicit drug busts in the world. In the past He noted that Iran’s power in confronting economic sanctions of enemies has now become vivid to the world commitments, we will balance out their actions under the seven months, the Iranian police has busted 364 tons of and sanctions do not have any impact any longer. deal by reducing commitments and taking the conditions various types of narcotics during operations that left He also added that at this stage, the CBI cannot eliminate forex with official rate of 4200 tomans per dollar and back to how they were four years ago,” he said. 3,814 of its forces martyred and 12,000 wounded.” it is necessary for essential commodities. He said the JCPOA was supposed to be an “exchange “Production of crystal in Afghanistan is a serious The rial on the open market is now close to the Nima rate, Hemmati said. deal” but “what we were giving [within its framework] threat,” said Zahedian, adding “since its revenues are in Hemmati said that Tehran is serious to support small and medium-sized enterprises (SMEs), adding that the was way more than what we were getting in return.” the hands of smuggling networks which then inject a government will fund SMEs with more than $2.4 billion by March 2020. The JCPOA was originally signed between Iran and six part of these revenues into the countries’ economies.” “The amount of credit paid to the manufacturing sector would increase this year while up to 300 trillion rials world powers — namely the US, the UK, France, Russia, He further maintained that the discovery of tens of worth of credit would be earmarked to the SMEs,” he added. China and Germany. Washington, however, unilaterally tons of drug precursors by Iran’s counter-drug units According to reports, each dollar was traded for 12,350 tomans. The dollar rate has nose-dived in withdrew in May 2018. See Page 7 reveal the extensive scope of the product’s trafficking. recent weeks and there is no sign of attraction among people to rush to the forex market for investing on forex or gold. Rial has strengthened about 8% in the open market over the past month to 125,350 per dollar. Saudi Forces Suffer Heavy No Fresh Payments From Iran Losses in Yemeni Retaliation To India’s Basmati Exporters S. Korea Imports No Oil From Iran in June SANAA (Dispatches) - Yemeni army and popular NEW DELHI (Dispatches) - In some relief for committees have killed or injured 10 Saudi-paid militiamen consumers, basmati rice has become cheaper 12 per SEOUL (Reuters) - South Korea imported no crude oil from Iran for a second month in June following the end in Saudi Arabia’s southwestern region of Jizan. cent during the past one month due to an increase in of a U.S. sanctions wavier, with Iranian imports for the first half dropping 36.9% from a year earlier, customs The army’s sniper unit, supported by fighters from allied the area under cultivation and cessation of fresh data showed on Monday. Popular Committees, killed and injured 10 mercenaries payments from U.S. sanction-hit Iran, the largest South Korea, the world’s fifth-largest crude oil importer and one of Iran’s major oil customers, stopped east of al-Doud Mountain in Jizan on Sunday, Yemen’s buyer of India’s aromatic rice. importing Iranian crude from May after waivers on U.S. sanctions against Iran ended at the start of that month. Arabic-language al-Masirah news website cited an The fair average quality (FAQ) variety is currently South Korean oil buyers mainly imported condensate, an ultra-light oil, from Iran. unnamed Yemeni military source as saying. quoting at Rs 72 a kg in the benchmark physical Delhi Shipments of Iranian oil in the first six months of the year were nearly 3.9 million tons, or 156,155 barrels per On Thursday, Yemeni forces took control of several wholesale market, as compared to Rs 82 about a month day (bpd), down 36.9% from 6.13 million tons during the same period a year earlier, according to customs data. military positions east of the mountain. Also on ago. With satisfactory progress of monsoon rainfalls In total, South Korea’s crude oil imports fell 12.6% in June to 11.49 million tons, or about 2.8 million bpd. Sunday, Yemeni forces targeted with artillery shells prompting farmers to bring in additional area under basmati Oil shipments from Saudi Arabia, South Korea’s top oil supplier, were 3.67 million tons in June, or 893,806 gatherings of Saudi soldiers in Arar position in Jizan.