Special Purpose Vehicle
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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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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…
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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…
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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…
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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,…
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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…
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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…
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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…
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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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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…
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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…
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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…