France and Germany may host the European Union’s payment system, Special Purpose Vehicle ( SPV ), to allow businesses to continue trading with the Islamic Republic in the US sanctions era, a report said.
News ID: 2724 Publish Date : 2018/11/27
The 121st summit of the International Maritime Organization (IMO) voiced support for Iran and strongly requested the US and other members to avoid any action that would jeopardize security and safety of navigation and free international shipping.
News ID: 2704 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
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
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
Iran’s Energy Minister Reza Ardekanian unveiled plans for a major boost to the country’s power generating capacity from renewable energy, inviting German companies to engage in this effort.
News ID: 2609 Publish Date : 2018/11/14
Deputy secretary of the US Treasury, Sigal Mandelker, announced that SWIFT had cut-off Iranian financial institutions targeted by the US sanctions, Sputnik reported.
News ID: 2604 Publish Date : 2018/11/14
Despite tougher US sanctions against Tehran, German small- and medium-sized enterprises will continue trade with Iran, the co-chair of Iran-Germany Chambers of Commerce said, hoping for more support from Brussels.
News ID: 2574 Publish Date : 2018/11/10
Iranian Foreign Minister Mohammad Javad Zarif made separate phone calls to his British and Norwegian counterparts to discuss a range of issues, including latest efforts to save the 2015 nuclear deal known as the Joint Comprehensive Plan of Action (JCPOA).
News ID: 2517 Publish Date : 2018/11/07
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
Chief Executive Officer of Russia's largest oil producer Rosneft underlined that any decision by European companies to cut their relations with Iran under the US pressure could end up hurting European economy.
News ID: 2456 Publish Date : 2018/10/26
The European Union plans to invite Russia and China to join a future alternative payment network to the global financial service provider SWIFT to circumvent the US sanctions on Iran, Russian Ambassador to the European Union Vladimir Chizhov said.
News ID: 2455 Publish Date : 2018/10/26
EU and Iran have agreed to continue trade after the US withdrawal from the nuclear deal.
News ID: 2440 Publish Date : 2018/10/14
At least parts of the European Union’s envisioned mechanisms to facilitate trade and banking relations with Iran will be in place by Nov. 4 when a new set of United States’ sanctions are to be applied against Tehran, a senior diplomat said on Friday.
News ID: 2306 Publish Date : 2018/09/30
Iranian Deputy Foreign Minister Seyed Abbas Araqchi announced that the new financial mechanism to be used by the European Union will be implemented by the EU in November.
News ID: 2302 Publish Date : 2018/09/29
Federica Mogherini, the European Union’s foreign policy chief, said a so-called "Special Purpose Vehicle" under consideration to facilitate trade with Iran could be in place “before November”.
News ID: 2296 Publish Date : 2018/09/29
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Iran Alloy Steel Company intends to purchase 150 tons of Low-Carbon Ferro Manganese through public tender
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