IFP Exclusive

50 Firms Keen to Join Swiss Channel for Trade with Iran: Bern

A Swiss senior official has said that the financial channel between Switzerland and Iran has had a flying start as 50 companies have expressed keenness to trade through the so-called humanitarian channel.

“There are 50 companies that are interested at the moment, and we think there will be more,”” SRF quoted Swiss Foreign Ministry’s Director of the Foreign Economic Affairs Directorate Marie-Gabrielle Ineichen-Fleisch as saying.

She made no mention of the companies’ names, however.

Pointing to the spread of coronavirus COVID-19 in Iran, she said “if we can provide some support there and ensure exports take place then we are making a good contribution,”
Earlier on 2 March, Spokesman for Iran’s Foreign Ministry Seyyed Abbas Mousavi had said that the US “sabotages” the Swiss channel.

In a tweet on Saturday Foreign Minister Mohammad Javad Zarif also slammed the US “illegal sanctions with the aim of draining Iran’s resources needed in the fight against COVID19—while our citizens are dying from it.”

According to the latest official figures, out of 5,823 people who have been infected with COVID-19 in Iran, 145 have lost their lives.

On 30 January the Swiss government announced that the US allowed for a “humanitarian” channel named the Swiss Humanitarian Trade Arrangement (SHTA) for exchanging agricultural products and medicine with Iran.

Governor of Central Bank of Iran Abdolnasser Hemmati cautiously welcomed the arrangement in his post on Instagram.

“It seems that the US government has issued the necessary waivers for the use of a part of foreign currency reserves for supply of basic goods and medicines. One should see the job in action. The US government has up to now blocked the CBI reserves illegally and through pressuring countries.”

IFP Editorial Staff

The IFP Editorial Staff is composed of dozens of skilled journalists, news-writers, and analysts whose works are edited and published by experienced editors specialized in Iran News. The editor of each IFP Service is responsible for the report published by the Iran Front Page (IFP) news website, and can be contacted through the ways mentioned in the "IFP Editorial Staff" section.

Recent Posts

US suggests Ukraine consider ceding territories: El Pais

US President-elect Donald Trump has sent a message to Ukrainian leader Volodymyr Zelensky, asking him…

5 minutes ago

Iranian official touts  blanket removal of internet filtering, dismisses step-by-step plan as ‘ineffective’

A member of Iran’s Supreme Council of Cyberspace has voiced his opposition to the government's…

6 minutes ago

Sacked Persepolis coach Garrido bids emotional farewell

Juan Carlos Garrido, the former head coach of Persepolis, shared an emotional farewell message on…

1 hour ago

Sanctions against Syria must be lifted ‘as soon as possible’: Turkish FM

Ankara has called for the anti-Syria sanctions to be lifted "as soon as possible" as…

1 hour ago

Yemen’s Houthis claim downing US F-18 fighter jet

The Houthis in Yemen have claimed that they have successfully thwarted a joint American-British attack…

1 hour ago

Historic all-Women flight lands in Mashhad

For the first time in Iran's aviation history, a flight carrying an all-female crew and…

13 hours ago