IRNA - Chairman of Iran-Switzerland Joint Chamber of Commerce Sharif Nezam-Mafi said that the financial channel has been activated between the two countries by submitting the first shipment of cancer drugs. Nezam-Mafi said that the shipment contains anti-cancer drugs and shows that the channel has become a platform and the budget dedicated to activating ...

Reuters - A Swiss pharmaceutical company has completed the first transaction under a new humanitarian trade channel with Iran, the government in Bern said on Monday. The Swiss Humanitarian Trade Arrangement (SHTA) channel to bring food and medicine to Iran started trial operations in January, helping supply Swiss goods to the struggling population ...

Press TV - Irans permanent Ambassador to the United Nations says the trade channel launched by a Swiss bank to help the Islamic Republic use its overseas funds to procure food and medicine for its people amid the deadly coronavirus pandemic has so far failed to meet the countrys needs. Majid Takht Ravanchi made the remarks on Saturday evening while ...

IRNA Swiss government announced on Friday that trade channel created to ease trading basic goods with Iran was slower than expected and yielded no special result. The humanitarian channel founded by Trump administration for exporting medicine and other items to Iran, has not actually led to any particular exchanges. Fabian Maienfisch, a spokesman ...

Bourse and Bazaar | Esfandyar Batmanghelidj and Sahil Shah: Just a few days after Iran announced its first deaths from COVID-19 in February, the Trump administrations Special Envoy for Iran Brian Hook was asked during a briefing for an update on the Swiss Humanitarian Trade Arrangement (SHTA), a payment channel intended to ease the sale of medicine ...

Bourse and Bazaar | Esfandyar Batmanghelidj: For the first time in 60 years, Iran has requested a loan from the International Monetary Fund (IMF), seeking emergency financing to support its efforts to combat COVID-19. On March 4, the IMF announced that it would make available up to $50 billion in financial assistance through its Rapid Financing Instrument ...

Press TV - The Iranian Foreign Ministry spokesman has questioned the US claim that medicines are not subject to sanctions, saying Washington does not allow financial transactions through a Swiss humanitarian channel amid Tehrans battle against the spreading coronavirus in the country. Although the Americans claim that medicines are not subject to ...

Reuters - A Swiss channel to export food and medicine to Irans struggling population without running foul of U.S. sanctions is off to a good start, with dozens of companies keen to take part, a senior government official said on Saturday. The Swiss Humanitarian Trade Arrangement (SHTA) aims to ensure Swiss-based exporters and trading firms in the ...

Reuters - The United States on Thursday granted a license to allow for certain humanitarian trade transactions with Irans sanctioned central bank, a move it said was in step with the formalization of a Swiss humanitarian aid channel. The newly created channel, which the U.S. Treasury Department said became fully operational on Thursday as it granted ...

Reuters - U.S. Special Representative for Iran Brian Hook said on Thursday the United States was in talks with at least two more companies that would like to send food and medicine to Iran through the Swiss humanitarian channel. Hook told reporters there was a lot of interest in the Swiss network, intended to supply goods to struggling sectors of ...

Bourse and Bazaar | Esfandyar Batmanghelidj: On Thursday, Swiss authorities announced that they had processed apilot transactionthrough theSwiss Humanitarian Trade Arrangement (SHTA), a new payment channel that intends to ease the sale of food and medicine to Iran by Swiss companies. Work on this channelbegan in late 2018following the Trump administrations ...

Tasnim Iranian Foreign Ministry Spokesman Seyed Abbas Mousavi said a Swiss humanitarian channel recently launched for exporting food and medicine to Iran proves that the products have been sanctioned by the US. In spite of the US false claims that medicines and foodstuffs are not sanctioned, they (US officials) have practically blocked all ways ...

IRNA Head of Food and Drug Administration of Iran Mohammad Reza Shanesaz said on Wednesday that the US still continues creating obstacles to prevent export of pharmaceutical drugs to Iran. Speaking in the 3rd international congress on modern pharmacology which was held in Razi International Conference Center of Tehran, Mohammad Reza Shanesaz said ...

FNA - Iranian First Vice-President Eshaq Jahangiri lashed out at Washington for its lies about sanctions on exports of drugs and medical equipment to Iran. "We cannot use even one single dollar of our own assets in other countries to pay for medicine and foodstuff, because the US doesn't allow it," Jahangiri said, addressing a ceremony in Tehran ...

Bloomberg | Esfandyar Batmanghelidj: The Treasury Departments letter of comfort opens a long-delayed Swiss channel. On Thursday, Swiss authorities announced that they had processed a pilot transaction through the Swiss Humanitarian Trade Arrangement (SHTA), a new payment channel that intends to ease the sale of food and medicine to Iran by Swiss ...

Tasnim Irans UN mission spokesman Alireza Miryousefi said the opening of a humanitarian channel to bring food and medicine to Iran was evidence of false claims that medicine and food were exempt from Washingtons illegal sanctions. This is the best evidence that the longstanding & false US claims that medicine & food are exempt from its ...