Special Purpose Vehicle (SPV)

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

IFP Exclusive

Iran Leader Urges Officials to Beware of Europe’s Deceit

IFP Editorial Staff -
Leader of Iran's Islamic Revolution Ayatollah Seyyed Ali Khamenei has warned Iranian officials against being deceived by the Europeans' deceit, urging caution against the enemy's smile.
Media Wire

Iran May Pull Out of JCPOA If Europe Sets Conditions for INSTEX

IFP Media Wire -
Iranian Foreign Minister Mohammad Javad Zarif called on the European Union to meet its obligations under the 2015 nuclear deal, saying if the EU wants to set preconditions for the implementation of their commitments, Iran may walk away from the deal.
IFP Exclusive

Iran Censures EU’s ‘Non-Constructive’ Statement

IFP Editorial Staff -
The Iranian foreign ministry on Tuesday rejected the European Union’s criticisms of its missile program and human rights conditions, describing the bloc’s positions as non-constructive and unhelpful.
IFP Exclusive

EU’s INSTEX Not to Affect Iran’s FATF Approach, Officials Say

Alireza Hashemi -
Last week’s announcement by European powers that they are to launch a financial mechanism for Iran-EU trade would not affect Iran’s approach on joining the Financial Action Task Force (FATF), two Iranian officials said.
IFP Exclusive

‘Anti-Iran Poland Conference Sign of US Failure in Mideast’

IFP Editorial Staff -
Iranian Parliament Speaker Ali Larijani says the US move to organize an anti-Iran conference in the Polish capital Warsaw testifies to Washington’s failure in the region, as the country wouldn’t need to hype up such a conference if it had achieved its goals in the region.
IFP Exclusive

Iran Welcomes Implementation of Europe’s Financial Mechanism

IFP Editorial Staff -
Iranian Foreign Ministry Spokesman Bahram Qassemi says Tehran welcomes the EU’s announcement of its special financial mechanism for trade with Iran, but considers it as a first step that should be followed by quicker implementation of other commitments.
IFP Exclusive

EU Announces Special Mechanism for Trade with Iran

IFP Editorial Staff -
The European Union has announced a long overdue special mechanism, called INSTEX (Instrument for Supporting Trade Exchanges), aimed at facilitating trade with the Islamic Republic of Iran in the face of the US sanctions.
IFP Exclusive

‘US Exit of Nuclear Deal Makes Tehran Hesitant Regarding FATF’

IFP Editorial Staff -
The US withdrawal from the 2015 Iran nuclear deal, for which Iran made lots of concessions, conjures up "bitter memories" that makes Iran undecided to give further concessions to anti-money laundering and terrorism laws, a former MP and political analyst said.
IFP Exclusive

‘EU Could Show Good Faith by Running Bank to Keep Ties with Iran’

IFP Editorial Staff -
An Iranian lawmaker says the EU decision to launch a special financial mechanism to keep trade ties with Iran despite US sanctions was not made in a good-faith gesture.
IFP Exclusive

‘EU Justifications for Delaying SPV Not Acceptable’

IFP Editorial Staff -
A senior Iranian official has blamed the European Union for its repeated delays in implementing the long-awaited financial mechanism to keep trade ties with Iran in the face of the US sanctions.
IFP Exclusive

‘Details of Diplomatic Meeting Between Araqchi, Europeans Released’

IFP Editorial Staff -
A closed-door meeting in Tehran between Iran’s Deputy Foreign Minister Abbas Araqchi and senior diplomats from six European nations has seen the latter failing to convey their message, an Iranian outlet said, citing unknown sources.
IFP Exclusive

‘EU’s Channel for Trade with Iran to Become Operational Soon’

IFP Editorial Staff -
The European Union’s long-awaited mechanism known as the Special Purpose Vehicle (SPV) to keep financial ties with Iran under the US sanctions is set to become operational in the near future, said a spokesperson of the bloc.
IFP Exclusive

Iran Not to Wait for Permission to Launch Satellite: Qassemi

IFP Editorial Staff -
Iranian Foreign Ministry Spokesman Bahram Qasssemi says the Islamic Republic is dissatisfied with the European states over their shortcomings in implementing their pledges and added Iran will not wait for other states’ permission to launch satellite.
IFP Exclusive

Iran Not to Wait for Europeans: Zarif

IFP Editorial Staff -
Iran’s foreign minister says the country will not wait for the Europeans and will work with its traditional partners.
IFP Exclusive

Iran Warns Europe Time for Saving JCPOA Coming to End

IFP Editorial Staff -
The spokesman for Iran’s Foreign Ministry has cautioned the European Union it should be quick to take measures to salvage the 2015 nuclear deal, since Iran is running out of patience with Europeans due to their failure to fulfill pledges to compensate for the US withdrawal.
IFP Exclusive

‘Finnish Firms Waiting for EU’s SPV to Do Business with Iran’

IFP Editorial Staff -
Finland says its small- and medium-sized companies are still interested in promoting their business cooperation with Iran, but are waiting for the European Union to establish its special payment mechanism, known as Special Purpose Vehicle (SPV), to facilitate trade with Iran under the US bans.
IFP Exclusive

‘Europeans to Launch Iran Payment Channel by Year-End’

IFP Editorial Staff -
Head of the Atomic Energy Organization of Iran says Tehran hopes the Europeans would establish the Special Purpose Vehicle (SPV), the mechanism aimed at bypassing the US bans on Iran, by the end of December.
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