SPV Delay to Inflict Bigger Economic Cost

EghtesadOnline: The Special Purpose Vehicle , a dedicated non-dollar payment channel created by Europe to keep trade flowing with Iran in defiance of US sanctions, is likely to be launched soon.

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Publish Date:16/December/2018 | 13:09

Iran Commerce Chamber Urges Speedy Implementation of SPV

EghtesadOnline: Iran-Finland relations vis-a-vis US sanctions regime, cooperation between the Iranian and European small- and medium-sized enterprises, the Joint Comprehensive Plan of Action and a planned special purpose vehicle (SPV) were the main topics discussed by a European delegation in Tehran.

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Publish Date:15/December/2018 | 10:58

US Warns Europeans Against Using Trade Mechanism

EghtesadOnline: Work on setting up a special purpose vehicle for business with Iran is taking longer than expected, a German government spokesman said on Wednesday.

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Publish Date:11/May/2019 | 13:49

Call for Broadening European Use of INSTEX

EghtesadOnline: Iran’s trade with the European Union through the special purpose vehicle, which is aimed at bypassing American sanctions, should not be restricted to the three founders of the mechanism and must be expanded to all EU states, a lawmaker said.

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Publish Date:19/March/2019 | 24:18

Belgium Eager to Maintain Trade Ties With Iran

EghtesaadOnline: European countries, other than the founders of INSTEX, namely France, Germany and the UK, are willing to join the special purpose vehicle that facilitates trade with Iran, the economic and commercial counselor of Belgian Embassy in Iran said.

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Publish Date:19/March/2019 | 11:47

INSTEX Opposite Number to Be Registered Soon

EghtesadOnline: Governor of the Central Bank of Iran said the corresponding entity to the Special Purpose Vehicle known as INSTEX created by the European Union to enable non-dollar trade with Iran will be registered soon in Tehran.

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Publish Date:17/March/2019 | 14:32

Per Fischer in Tehran: Talks on Ways to Enforce INSTEX

EghtesadOnline: President of Europe's Special Purpose Vehicle known as INSTEX, Per Fischer, is in Tehran to attend talks between Iranian authorities and representatives from France, Germany, Britain, and the European Union on how to best implement the payment channel.

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Publish Date:13/March/2019 | 14:29

Iranian Lawmakers Adopt Wait-and-See Approach Toward INSTEX

EghtesadOnline: The European Union's newly-created special purpose vehicle aimed at facilitating legitimate trade with Iran needs time to prove effective in rescuing Iran's troubled economy under harsh American sanctions, Iranian parliamentarians said.

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Publish Date:03/February/2019 | 14:29

EU Will Unveil SPV on Monday

EghtesadOnline: The European Commission said it’s seeking to launch “very soon” a special purpose vehicle to help European companies bypass US sanctions on Iran, with three European diplomats saying the official unveiling could come as early as Monday.

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Publish Date:26/January/2019 | 08:54

Traders Fear Europe's SPV May Not Fend Off US Sanctions on Iran

EghtesadOnline: As Iranian traders (and more broadly Europeans) wait for the launch of the long-awaited special purpose vehicle by European powers, some businesses fear that the trade mechanism may after all fail to shield Iran’s trade from the long reach of US sanctions.

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Publish Date:16/January/2019 | 13:04

SPV Operationalization "to Take Months" After Nov. 4 Unveiling

EghtesadOnline: A new European Union mechanism to facilitate payments for Iranian exports should be legally in place by Nov. 4, when the next phase of US sanctions hit, but will not be operational until early next year, three diplomats said.

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Publish Date:27/October/2018 | 09:35

Special Purpose Vehicle for Iran-EU Trade Before November

EghtesadOnline: 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”.

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Publish Date:29/September/2018 | 13:57