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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.
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.