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The latest news and views about Spain Special Purpose Vehicle (SPV)

Ball Is Now in US Court, Iran’s Rouhani Tells Swiss President

Iran’s President Hassan Rouhani says the ball is now in the US court, as its return to compliance with the 2015 nuclear deal will lead to Iran’s return to fulfilling its obligations under the JCPOA.

Iran Says INSTEX Must Prove Its Efficiency

Iran says the Instrument in Support of Trade Exchanges (INSTEX), the financial mechanism proposed by Europeans to enable Iran to get round US sanctions, has failed to prove itself effective in the past two years.

Swiss Top Diplomat to Visit Iran on Monday

Iran's Foreign Ministry Spokesman Saeed Khatibzadeh says Ignazio Cassis, the head of Switzerland's Federal Department of Foreign Affairs (FDFA), will visit Tehran at the head of a delegation in coming days.

INSTEX Not Meeting Iran’s Needs in Fight against Corona: Official

An Iranian official says the EU’s financial mechanism to facilitate trade with Iran known as INSTEX is not meeting the country's needs to confront the Coronavirus.

INSTEX; A European Effort to Save JCPOA or Another Anti-Iran Plot?

Europe seems to be using INSTEX  as a tool to prevent the total collapse of the Iran nuclear deal and to maintain its independence against the US, but is that the whole story?

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

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.

Iran Says Europe’s INSTEX of No Use to Date

Iran’s Ambassador to Russia Kazem Jalali says Europe's special financial mechanism, which was supposed to facilitate trade with Iran in the face of US sanctions, have been of no use since its launch.

Iran Says Swiss Channel for Medicine Imports ‘Hyped Up’

Tehran has criticized the media hype regarding Switzerland’s launch of what it calls a “humanitarian” channel for the import of medicine into Iran in the face of US sanctions, saying the move was helpful but not much worth highlighting as it was fully paid for by the Iranian nation’s money.

INSTEX of No Use If Oil Revenues Not Secured: Iran

Governor of Iran's central bank says as long as the Europeans do not buy Iran’s oil and Tehran does not receive the oil revenues, the European financial mechanism known as INSTEX will be of no use.

JCPOA Joint Commission Wraps Up Meeting with Final Statement

The Joint Commission on Iran’s nuclear deal known as the Joint Comprehensive Plan of Action (JCPOA) has wound up its meeting in Vienna, Austria, by issuing a final statement.