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Cryptocurrency collaboration between Iran and Russia

Karimi & Associates Law Firm represents, according to “Bitcoincom“: Iranian and Russian business experts met at the Tehran 15th International Financial Industry Exhibition (Finex) to discuss cryptocurrency and blockchain. They explored the potential uses of these technologies. The meeting included renowned persons from both countries, Mustafa Amiri, secretary of the Iran Fintech Association and the CEO of the Iran Blockchain Association, and Alexander Brazhnikov, executive director of the Russian Association …

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Will the law firms finally start using generative AI?

“Despite the slow rollout, 51% of law firm professionals believe tools such as ChatGPT should be applied to legal work, a survey found” LEGAL DIVE reports. While generative AI-powered applications like ChatGPT have been known among legal practitioners in recent months, most law firm lawyers and staff are still hesitant to incorporate developing artificial intelligence technologies into their work. According to the Thomson Reuters Institute survey, only 3% of respondents …

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Trade volume between Iran & Germany crosses one billion euros

Karimi & Associates Law Firm represents according to the “Destatis”: Within the first seven months of the year 2022, Iran and Germany’s trade volume exceeded one billion euros and reached the amount of 1072 million euros. In comparison with the trade rate of the first seven months of the year 2021, there has been a 4% growth in the transactions between these two countries. From January to July 2022, Iran …

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An Award facilitates the road for children of Iranian mothers and foreign fathers to Iranian citizenship

 Karimi and Associates Law Firm according to IRNA presents: With the decision of the Administrative Justice Court, children born to Iranian mothers and non-Iranian fathers can now receive Iranian citizenship, even if their mother and father’s marriage is not registered. Obtaining citizenship for children from the marriage of an Iranian woman and a non-Iranian man, after the approval of the Single Article of Resolution of Citizenship of Children from the …

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A draft on the protection of Iranians abroad in the Majlis

Karimi and Associates Law Firm according to IRIB presents: The head of the fraction of Iranians abroad in the parliament said: “The government and the parliament are preparing a draft on the protection of Iranians abroad. This bill is for Iranians abroad to improve their situation abroad and organize their affairs and solve existing problems such as military status, benefiting from legal rights and protecting their rights and improving movement …

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Iran to set up the first off-shore bank

The Secretariat of the High Council of Free Zones has been pursuing the establishment of an Offshore Bank in the Free Zones since last year, officials said. “In Note 3 of Section E Paragraph 1 of the Budget Law 1401, the Central Bank is obliged to implement financial and banking infrastructure measures compatible with the country’s business plan in cooperation with other relevant institutions and report the performance of this …

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Judge rejects Elon Musk’s ‘absurdly broad’ data requests

Karimi & Associates Law Firm represents, according to “Reuters” and “The Verge”: At this stage of the lawsuit between the Twitter company and Elon Musk, the two sides are pursuing information to support their arguments about whether Musk should be able to get out of his agreement to buy Twitter for $44 billion before the scheduled trial on October 17th. After a hearing on discovery requests from lawyers representing both …

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Iran’s trade with the EU grows in the first half of 2022

Karimi & Associates Law Firm represents according to the “Iran Press/ Iran news”: Iran and the 27 member countries of the European Union exchanged goods worth 2.59 billion euros in the first six months of 2022, which has increased by 15.23% compared to the same period last year. New data published by Eurostat show that Germany was Iran’s largest trade partner in the EU region during this period, as the …

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Iran’s trade with China grows by 22.9%

Karimi & Associates Law Firm represents according to the “Financial Tribune”: Iran’s exports in the first half of 2022 amounted to 8.2 billion dollars, representing an increase of 22.9% compared to the same period of the previous year, in exchange for 4.08 billion dollars of Chinese goods exports to Iran. Iran’s trade with its leading trading partner, China has registered an annual growth of 16%,  and reached $8.2 billion in …

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UNCTAD warns developing countries of cryptocurrency expansion

Karimi & Associates Law Firm represents according to UNCTAD and Fars News: UNCTAD, the UN trade and development body, called for expedited action to slow down the pace of cryptocurrency expansion in developing countries. In recent years, many developing countries initiated the use of cryptocurrency for their international transactions, due to the facilitation of remittances and currency inflation risks. United Nations Center of Trade and Development announced that besides all …

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