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Business & Economy

Iran to release "important" details about suspension of some nuke obligations: TV

TEHRAN, June 16 (Xinhua) -- Iran will release "important" details about the measures it has taken after recent suspension of some of its commitments under a 2015 nuclear deal, Press TV reported on Sunday.

On Monday, the Atomic Energy Organization of Iran (AEOI) would release "very important information" regarding the "limitless increase of Iran's enriched uranium stockpile" as well as measures it has taken to prepare for the second phase of the scaling back of its obligations, according to the report.

Pakistan blooms in China’s ‘Spring city’ with 200 stalls set up at Commodity Expo

KUNMING, China, Jun 16 (APP): From textiles to leather, gems and handicraft – Pakistan’s indigenous products showcased at the ongoing South and Southeast Asia Commodity Expo and Investment Fair (SSACEIF) in China’s Kunming city have hit the mark, attracting huge number of local and international entrepreneurs.

By setting up 200 stalls, Pakistani businessmen are making headway in highlighting country’s trade potential amongst 3,300 corporate entities from 74 countries at the week-long expo, being held in Kunming, the capital of Yunnan province.

US resorted to tanker attacks after sanctions failed: Larijani

16 June 2019; IRNA: Addressing Majlis on Sunday, Ali Larijani said it seems that attacks on oil tankers happened due to the fact that they got nothing from their harsh sanctions.

Citing a US historical record, Larijani said that during the World War US used to attack its own ships near Japan to provide pretexts for bombing Japan.

Pakistan says India refused its train to bring 200 Sikh pilgrims

Lahore/Amritsar, Jun 14; PTI/GANASHAKTI: Pakistan on Friday claimed that India refused to let its train cross the border and bring some 200 Sikh yatris to Lahore for Jore Mela festivities.

"Pakistan had issued visas to some 200 Indian Sikhs to attend the Jore Mela (death anniversary of Guru Arjun Dev jee) and they were due to arrive here by a Pakistani train on Friday. But the Indian government refused to allow the Pakistani train to enter its territory to bring the Sikh yatris here," Amir Hashmi, spokesperson for Evacuee Trust Property Board, told PTI.

India retaliates, imposes higher tarrif on 28 US products

New Delhi, Jun 15 (PTI) India on Saturday announced a hike in customs duties on as many as 28 US products, including almond, pulses and walnut, in response to higher tariffs imposed by Washington on Indian products like steel and aluminium.

The increased customs duties will come into effect from Sunday, an official notification said.

The move will hurt American exporters of these 28 items as they will have to pay higher duties, making those items costlier in the Indian market.

Trump’s misfires on Iran, trade and that wall

WASHINGTON (AP) — In President Donald Trump’s reckoning, an Iran tamed by him no longer cries “death to America,” the border wall with Mexico is proceeding apace, the estate tax has been lifted off the backs of farmers, the remains of U.S. soldiers from North Korea are coming home and China is opening its wallet to the U.S. treasury for the first time in history.

These statements range from flatly false to mostly so.

Here’s a week of political rhetoric in review:

IRAN:

London to host world’s largest exhibition on Palestine

This year, London will once again host the world’s biggest exhibition on Palestine, bringing together culture, history, entertainment and exhibitions.

Organised by the British NGO Friends of Al-Aqsa (FOA), Palestine Expo aims to bring awareness to the Palestinian cause during the two-day event which is being held in the iconic Olympia Exhibition Centre.

Belgium suspends arms export licenses to Saudi Arabia

15 June 2019; MEMO: Belgian State Council decided on Friday to suspend the licenses of arms exports to Saudi Arabia fearing their use against civilians in Yemen, media sources reported.

In recent months Belgium’s Foreign Minister Didier Reynders has been a vocal advocate against arms sales to the kingdom because of its human rights violations in Yemen.

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