Special Purpose Vehicle (SPV)

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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

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.

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.

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.