EU court lifts sanctions on several Iranian businessesSeptember 6, 2013 - 13:36 AMT PanARMENIAN.Net - The EU's top court has ruled that the EU should unfreeze the assets of seven Iranian banks and other businesses hit by sanctions, BBC News said. The European Court of Justice (ECJ) said there was insufficient evidence that the businesses concerned were involved in nuclear proliferation. According to Reuters, the ruling covers Post Bank Iran, Iran Insurance Company, Good Luck Shipping, Export Development Bank of Iran, Persia International Bank, Iranian Offshore Engineering and Construction Co and Bank Refah Kargaran. EU and U.S. sanctions are aimed at curbing Iran's nuclear programme. Western powers suspect Iran of trying to develop nuclear weapons, so they have frozen the assets of various Iranian businesses thought to be linked to that programme. Iran insists that its nuclear technology is solely intended for civilian uses. The ECJ ruling will not take immediate effect - the EU governments, jointly called the Council, have two months within which to appeal. So for the time being the asset freeze will remain in place, the court said in a statement. As the Wall Street Journal reported earlier, Iranian President Hasan Rouhani signaled a possible shift in the nation's nuclear policy by announcing that the Foreign Ministry would take charge of nuclear negotiations with the West. Iran's Foreign Minister Mohammad Javad Zarif, a career diplomat who served as ambassador to the United Nations and is known in the West for being moderate and pragmatic, will become the new chief nuclear negotiator. The Obama administration and European governments greeted Iran's announcement with cautious optimism, with some calling for immediate talks between Iran and the P5+1 group—the permanent members of the UN Security Council and Germany. Top stories Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". The earthquake caused a temporary blackout, damaged many buildings and closed a number of rural roads. Partner news | Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals Representatives Dina Titus (D-NV) and Gus Bilirakis (R-FL) have introduced the bipartisan legislation. Armenia: Defense Ministry warns against involving army in political processes The Ministry’s statement came after a video surfaced online, showing soldiers joining the protests in Tavush. Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year. Ucom equips four bus stops in Ijevan with free Wi-Fi Ucom now provides free Wi-Fi coverage in smart bus stops in four communities of Ijevan. |