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Advisor to the Iranian Parliament Speaker Hossein Amir Abdollahian said on Wednesday that the EU should undertake “practical measures” to deliver on its promises for establishing trade mechanism with non-dollar transactions.
News ID: 2904    Publish Date : 2018/12/13

The European Union’s foreign policy chief said on Monday a system to facilitate non-dollar trade with Iran and circumvent US sanctions could be in place by the yearend.
News ID: 2896    Publish Date : 2018/12/12

European Union Foreign Policy Chief Federica Mogherini announced that the EU will establish a mechanism to facilitate non-dollar transactions with Iran in the near future in a bid to bypass the sanctions imposed by the United States against Tehran.
News ID: 2888    Publish Date : 2018/12/11

France and Germany have agreed to host the Special Purpose Vehicle (SPV) meetings to keep trade between Iran and the European Union alive, media reports said.
News ID: 2864    Publish Date : 2018/12/09

The European Union is going to just use the euro in the financial transactions of all European oil deals with other countries, Iranian Vice-President Ali Akbar Salehi broke the news, affirming that the bloc will ditch US dollar in its all oil contracts.
News ID: 2842    Publish Date : 2018/12/08

The European Union's largest coking coal producer JSW could increase output by between 2.5 and 3 million tonnes per year by acquiring assets, far exceeding its current plan to grow production to 18 million tonnes by 2030 from roughly 15 million now.
News ID: 2835    Publish Date : 2018/12/07

Iranian Deputy Foreign Minister Seyyed Abbas Araqchi said Tehran and the European Union are in close touch on SPV (Special Purpose Vehicle for trade) mechanism as EU hopes start using the conduit soon.
News ID: 2820    Publish Date : 2018/12/06

An American author cast doubt over the practicality of the Special Purpose Vehicle (SPV), a special payment channel created by Europe as part of its efforts to keep trade flowing with Iran in defiance of the US sanctions.
News ID: 2789    Publish Date : 2018/12/02

Iranian Deputy Foreign Minister for Political Affairs Seyed Abbas Araqchi said Tehran will not wait forever for the European Union to develop the Special Purpose Vehicle (SPV), the mechanism aimed at facilitating trade with Iran in the US sanctions era.
News ID: 2768    Publish Date : 2018/12/01

European Union Foreign Policy Chief Federica Mogherini, after a meeting with Head of the Atomic Energy Organization of Iran Ali Akbar Salehi, reiterated the bloc’s resolve to preserve the 2015 nuclear deal between Tehran and world powers.
News ID: 2757    Publish Date : 2018/11/30

China will start loading the crude again in November after it halted purchases in October, according to people with knowledge of the matter.
News ID: 2699    Publish Date : 2018/11/24

Iranian Foreign Minister Mohammad Javad Zarif said Tehran is frustrated by the slow pace of EU moves to help Iran reap the full benefits of the JCPOA after Washington’s pullout from the international deal.
News ID: 2677    Publish Date : 2018/11/21

Waivers on Iranian sanctions granted by the United States provided some relief to oil markets but the global economy is still very fragile, the head of the International Energy Agency said on Tuesday.
News ID: 2675    Publish Date : 2018/11/21

Iranian Deputy Foreign Minister Seyed Abbas Araqchi said whether unable or unwilling, the European Union has failed to create the Special Purpose Vehicle (SPV), the mechanism aimed at facilitating trade with Iran in the US sanctions era.
News ID: 2668    Publish Date : 2018/11/20

High-ranking officials from Iran and the European Union ( EU ) on Monday opened a joint conference here in Tehran in a bid to promote mutual cooperation in diverse areas of agriculture.
News ID: 2666    Publish Date : 2018/11/20

European Union countries want to defy US President Donald Trump and keep funds flowing to Iran to save the nuclear agreement -- just as long as it doesn’t happen in their backyard.
News ID: 2617    Publish Date : 2018/11/15

Northwest European steel mills have concluded their first 2019 deals with automotive buyers at a rollover from this year's prices, following protracted negotiations.
News ID: 2611    Publish Date : 2018/11/14

The European Union announced on Tuesday that it will remain committed to Iran nuclear agreement as long as Tehran complies with the deal.
News ID: 2548    Publish Date : 2018/11/09

Although the European Union has vowed to create a special purpose vehicle to continue trade with Iran after the US sanctions on Tehran’s oil return next week, the bloc is struggling with the set-up of such vehicle because no EU member is willing to host it for fear of angering the United States, Oil Price reported, citing EU diplomats.
News ID: 2477    Publish Date : 2018/10/31

A financial channel that the European Union has devised to continue trade with Iran and neutralize the US sanctions against Tehran has faced a new obstacle, as the EU member states are reportedly reluctant to host the new financial structure.
News ID: 2469    Publish Date : 2018/10/29

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