Zamaneh Media
  • Latest Articles
  • Latest News
  • About Zamaneh Media
    • Exiled Media Report
    • Sponsors
    • Donate
    • Contact us
    • Legal
  • Advertise
No Result
View All Result
  • Latest Articles
  • Latest News
  • About Zamaneh Media
    • Exiled Media Report
    • Sponsors
    • Donate
    • Contact us
    • Legal
  • Advertise
No Result
View All Result
Zamaneh Media
No Result
View All Result

Historic company falls to sanctions

by Zamaneh Media
July 26, 2012
in Latest Articles
Reading Time: 1 min read
0
Historic company falls to sanctions

An Indo-Iranian shipping company founded by Indira Ghandi and the late Shah of Iran has been forced into closure by Western sanctions on Iran.

The Associated Press reports that the Irano Hind Shipping Company, jointly owned by the two countries since 1974, was amongst the few international ventures to survive the 1979 Revolution and the following decades of economic and diplomatic pressure from the West.

The managing director of the company announced: “The fleet will be split between the two partners, and Irano Hind will cease operation.”

S. Hajara was quoted as saying: “Charters don’t want to take vessels that are under sanctions… The company is having difficulty deploying the vessels and that’s why the decision has been taken.”

India is one of Iran’s main trading partners, and the U.S. has made every effort in the past year to restrict those relations.

In May, the U.S. foreign secretary Hillary Clinton travelled to New Delhi to urge India to reduce its oil imports from Iran and replace them with Saudi crude.

Previous Post

Iran accuses Israel of attack on its own citizens

Next Post

New measures to counter sanctions’ impact

Related Posts

Protests over Price Hikes in Iran Spread to Several Cities
Latest Articles

Protests over Price Hikes in Iran Spread to Several Cities

May 14, 2022
Civil Activists Arrested in Iran
Latest Articles

Civil Activists Arrested in Iran

May 9, 2022
Featured Items

ISNA: Swedish-Iranian professor to be executed in May

May 4, 2022
Latest Articles

Tensions between Iran and Sweden following the possibility of life imprisonment for a former Iranian official

May 2, 2022
Wage Suppression, Labor Strikes and Crackdown on Protests in Iran: Zamaneh’s Annual Labor Report is Out
Latest Articles

Wage Suppression, Labor Strikes and Crackdown on Protests in Iran: Zamaneh’s Annual Labor Report is Out

April 27, 2022
Featured Items

An interview with Rudy Bouma, Dutch Journalist who has witnessed two Ukrainian wars

April 17, 2022

RSS Iran in Other Media

  • Iran’s New Islamic Propaganda Song Likened To Nazi Brainwashing - ایران اینترنشنال May 22, 2022
  • What Iran is Learning from Russia's 2000 Missile Strikes in Ukraine - 19FortyFive May 21, 2022
  • Qatari FM says Iran's leadership open for a compromise on nuclear file - The Jerusalem Post May 21, 2022
  • Iran to revive gas pipeline project to Oman, IRNA reports - Reuters.com May 21, 2022
  • Iran women beaten by Australia in IWBF Asia Oceania Championships - Tehran Times May 21, 2022
  • US’ Blinken discusses Iran, region with Saudi official - Mehr News Agency - English Version May 21, 2022
  • Iran's iron ore concentrate output up 4% in year to March - Press TV May 21, 2022
  • Iran’s president to visit Oman - Al Arabiya English May 21, 2022
  • Iran Follows US In Refitting Container Ship As Operations Base - ایران اینترنشنال May 21, 2022
  • Four arrested in Iran for Christian activities - Alabama Baptist May 21, 2022
  • Foreign Ministry: Iran's water rights from Helmand being pursued legally - Tehran Times May 21, 2022
  • Russian Companies Shun Iran, Prefer UAE, Tehran Official Says - ایران اینترنشنال May 21, 2022
  • (Video) Iran: Excerpts of Secretary Mike Pompeo’s Speech in Ashraf III, Albania - EIN News May 21, 2022
  • Visitors flock to central Iran for rosewater festival - Tehran Times May 21, 2022
  • Doc depicts Austrian architect Hans Hollein's visits to Iran - Tehran Times May 21, 2022
  • Ex-Iran coach Karkhaneh lauds level of Asian Club Volleyball Championship - Tehran Times May 21, 2022
  • Iran Doubles Pay For Conscripts Amid Crackdown On Popular Protests - ایران اینترنشنال May 21, 2022
  • Iran nuclear deal back in play after EU envoy's visit - Al-Monitor May 21, 2022
  • Sanction relief for Iran is a double-edged sword - opinion - The Jerusalem Post May 21, 2022
  • Conditions improve for foreign nationals studying in Iran - Tehran Times May 21, 2022
Zamaneh Media

© 2020 Zamaneh Media

More information

  • Sponsors
  • Donate
  • About us
  • Contact us
  • Legal

Follow Us

No Result
View All Result
  • Latest Articles
  • Latest News
  • About Zamaneh Media
    • Exiled Media Report
    • Sponsors
    • Donate
    • Contact us
    • Legal
  • Advertise

© 2020 Zamaneh Media