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.
EghtesadOnline: The European Union’s foreign policy chief said on Monday a system to facilitate non-dollar trade with Iran and circumvent US sanctions could be in place by the yearend.
EghtesadOnline: Oil trade is the cornerstone of Europe’s financial mechanism to maintain business ties with Iran and the system cannot operate without covering the sale of Iranian crude, Foreign Minister Mohammed Javad Zarif said.
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.