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Tag: Special Purpose Vehicle (SPV)
Iran’s foreign minister has criticised the European signatories to the 2015 nuclear deal for delaying the enforcement of a non-dollar payment channel, known as INSTEX, aimed at facilitating trade with Tehran under the US sanctions.
Iranian Foreign Minister Mohammad Javad Zarif has discussed issues of mutual interest in a meeting with Vito Rosario Petrocelli, the president of the Foreign Affairs Committee of the Senate of Italy.
Governor of Central Bank of Iran (CBI) Abdolnasser Hemmati announced late on Friday that the mechanism proportionate to the channel introduced by the three European states will soon be registered in Tehran.
The head of Europe's Instrument in Support of Trade Exchanges (INSTEX) with Iran is in Tehran to discuss how to put the special mechanism into force.
While the US companies have doubled their trade volume with Iran, Washington continues to ban the European Union firms from doing business with the country, said a senior German official.
Iran’s Deputy Foreign Minister Abbas Araqchi called on Europe to adopt practical measures for saving the 2015 Iran nuclear deal and intensify efforts to implement INSTEX -a payment channel that the three EU signatories to the JCPOA have set up to maintain trade with Iran.
Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei never trusted Europeans with their pledge to save the 2015 Iran nuclear deal, a new video clip released on Monday shows.
There are indications that Europe does not really intend to ease the pressure of Washington’s sanctions on Iran despite establishing a special purpose vehicle named INSTEX, a conservative Iranian daily has argued.