Deputy Governor for Currency Affairs at the Bank Melli of Iran (BMI) announced that sanctions on BMI Hong Kong Branch had been lifted since June 24 and the branch will soon resume its activities there.
Hong Kong Monetary Authority lifted restrictions on BMI in Honk Kong, Gholam Reza Panahi made the announcement on Tuesday, June 28.
The resumption of BMI Hong Kong Branch’s activities needs systematic changes that are being made, the official said.
Since 2008, the European Union (EU) imposed sanctions on different foreign branches of BMI on the pretext of Iran’s peaceful nuclear program.
Under the July agreement known as the Joint Comprehensive Plan of Action (JCPOA), anti-Iran sanctions were lifted on January 16, 2016.
At least 838 people have been killed in road accidents across Iran from the beginning…
The head of National Security and Foreign Policy Commission of Iran's Parliament says Tehran will…
Spokesman for Iran’s Foreign Ministry, Esmail Baqaei, expressed regret over the continued exploitation of human…
The Rabat Qoli Caravanserai, a centuries-old waystation in North Khorasan’s Jajrom County in Iran, stands…
Iran's Ambassador and Permanent Representative to the United Nations in Geneva, Ali Bahraini, denounced the…
A 4.4-magnitude earthquake struck near Shiraz, southern Iran, early Friday morning, according to the University…