Iraq sets up ‘loophole’ in US sanctions to buy Iranian power
AFP – Iraq is establishing a financial “loophole” to continue buying vital gas and electricity from Iran despite US sanctions, AFP has…
Tag Archives: special purpose vehicle (SPV)
Germany says work on Iran special purpose vehicle taking time
Reuters – Work on setting up a special purpose vehicle for business with Iran is taking longer than expected, a German government…
Trading with Iran via the Special Purpose Vehicle: How it can work
Bourse and Bazaar | Ellie Geranmayeh and Esfandyar Batmanghelidj: Following weeks of speculation, France, the United Kingdom, and Germany (the E3) have…
US threatens retaliation if companies tap Iran trade vehicle
IRNA – Companies using a European initiative meant to facilitate trade with Iran face US retaliation, President Donald Trump’s envoy in Brussels…
Europe’s INSTEX shows Iran’s successful diplomacy in intl. arena
MNA – Member of Parliament Mahmoud Sadeghi said on Thus. that Europe’s financial mechanism dubbed ‘Special Purpose Vehicle, SPV’ reflects success of…
Trade with Iran part of SPV payment mechanism
MNA – Expressing regret over the unilateral withdrawal of US administration from nuclear deal, European Union’s ambassador to the United States David…
SPV is not a magic solution: Ali Vaez
Iranian Diplomacy | Javad Heirannia: Ali Vaez, director of the Iran program for International Crisis Group says that SPV is not a…
Swiss embassy calls for implementation of INSTEX
IRNA – Swiss embassy in Tehran called for implementation of the European Special Purpose Vehicle for trade with Iran, known as INSTEX,…
EU will cooperate with Iran to show its goodwill towards the JCPOA, says MP
Iranian Diplomacy | Sadeq Dehqan & Farzam Vanaki: To prove its goodwill, the European Union (EU) will cooperate with Iran in the…
No relation between delays in SPV and Iran’s missile program: Nephew
MNA | Javad Heirannia: The foreign policy expert Richard Nephew is of the opinion that the repetitive delays in the launch of…
A Look at Iranian Newspaper Front Pages on January 31
Iran Front Page – IFP has taken a look at the front pages of Iranian newspapers on Thursday, January 31, 2019, and…
US sees no impact from EU trade mechanism for Iran
Reuters – The U.S. embassy in Germany said on Thursday it was seeking additional details about a new European mechanism to facilitate…
Iran says waiting for EU practical action
IRNA – Iranian deputy foreign minister said on Wednesday that Tehran expects the European Union to take practical actions in support of…
Bulgaria expresses support for EU financial mechanism for Iran
IRNA – Bulgarian foreign minister expressed his support for the European Union’s special mechanism for transactions with Iran, known as (SPV). Establishment…
Europe opens channel for trade with Iran
The Wall Street Journal | Laurence Norman and Benoit Faucon: France, Britain and Germany, defying threats from Washington, are this week executing their…
Iran confers with Slovakia on EU’s trade mechanism
MNA – Iranian Deputy Foreign Minister Abbas Araghchi arrived in Bratislava on Tuesday and conferred with Slovakian officials on the EU’s planned…
Austria calls for boosting economic cooperation with Iran
IRNA – Austrian deputy minister of economy and digital on Tuesday stressed the need for promoting economic relations with Islamic Republic of…
Kharrazi: Despite EU’s promise to register SPV, Iran needs to rely on self
MNA – The head of Iran’s Foreign Policy Strategic Council Kamal Kharrazi said Tue. that despite the EU’s promise to set up…
Launch of SPV by three European members of JCPOA to be announced
IRNA – An informed European official said that Special Purpose Vehicle (SPV) will be announced by the three countries of Britain, France…
Araghchi says 8 months too long for establishing SPV
MNA – The Iranian Deputy Foreign Minister Seyed Abbas Araghchi said Monday that 8 months is too long for establishing the Special-Purpose…
Implementation of EU trade mechanism with Iran ‘imminent’: German FM
MNA – German Foreign Minister Heiko Maas said Mon. that consultations between Germany, France, the UK and the European Union have led…
Austria appreciates Iran’s stance on JCPOA
IRNA – Austrian Secretary General for Foreign Affairs Johannes Peterlik hailed Iran’s policy to stay in the JCPOA, hoping that it would…
Iran: Swiss financial channel not related to SPV, aimed at expansion of bilateral ties
FNA – The Iranian foreign ministry announced on Monday that the financial channel launched by Switzerland to further develop relations with Tehran…
Iran waiting for EU’s official announcement of SPV launch
MNA – Foreign Ministry Spokesman Bahram Ghasemi said Iran is waiting for the European Union’s official launch of a special payment channel…
Europe set to announce Iran funding vehicle, defying trump
Bloomberg – Thre key European Union nations are set to make good on a pledge to help their companies trade with Iran despite U.S.…
Iran condemns France’s sanctions threat over defense missiles
January 27, The Iran Project – Iran strongly slammed French foreign minister’s threatening remarks quoted by Reuters on Friday (Jan. 25) over its defensive…
Iran urges EU to expedite setting up SPV ‘before it’s too late’
MNA – Iran’s nuclear chief has urged Europe to accelerate the launch of a promised trade mechanism aimed at bypassing US sanctions…
Europe taking final steps to implement SPV, says German envoy
MNA – The German Ambassador to Iran Michael Klor-Berchtold says that the European Union will implement the promised financial channel to Iran…
Iran’s former envoy to Germany slams ‘rogue operations’ abroad
Al-Monitor – Amidst a backdrop of accusations against Iran of attempting assassinations in Europe, a former Iranian ambassador has caused an uproar…
EU says preparations for Iran SPV are at ‘advanced stage’
Bloomberg – The European Commission said it’s seeking to launch “very soon” a special purpose vehicle to help European companies bypass U.S.…
Forex policies, independent from EU mechanism: Iran Central Bank
IRNA – Governor of Central Bank of Iran (CBI) says the country’s foreign exchange rules and policies are independent from Europe’s Special…
Germany’s representative may head EU’s payment system for Iran
MNA – A representative of Germany may become the head of the Special Purpose Vehicle (SPV) that Europe is preparing to conduct…
SPV does not have requisite mechanism to overcome US opposition: Entessar
MNA –Nader Entessar, professor emeritus of political science from university of South Alabama still insists that the SPV (Special Purpose Vehicle) is…
Switzerland sets up independent payment channel with Iran
IRNA – One month after the Switzerland minister of commerce announced that the country was seeking to establish an independent payment channel…
France to host EU-promised legal entity to help Iran bypass US sanctions
MNA – France is likely to register a legal entity whose purpose would be hosting a financial channel to help Iran evade…
European Union ramps up efforts to overcome US-Iran sanctions
The National – The European Union is moving ahead with plans to overcome US President Donald Trump’s sanctions on Iran. A meeting…
Why the Iran nuclear deal still matters for Europe
Bourse and Bazaar | Ellie Geranmayeh: Three years ago, Iran and global powers implemented the Joint Comprehensive Plan of Action (JCPOA), curtailing…
EU delay in implementing financial channel unacceptable: Kharrazi
MNA – The head of Iran’s Foreign Policy Strategic Council Kamal Kharrazi said Sat. the European Union’s delay in implementing the Special…
Traders fear Europe’s SPV may not fend off US sanctions on Iran
Financial Tribune – A s Iranian traders (and more broadly Europeans) wait for the launch of the long-awaited special purpose vehicle by…
EU official: SPV to be launched soon
IRNA – Special Purpose Vehicle (SPV) will be launched in a short time, a European official said on Thursday. In an exclusive…