EghtesadOnline: Switzerland’s foreign minister arrived in Iran on Saturday to hold discussions with Iranian authorities on a range of issues, including the Swiss financial channel that aims to help Iran avoid American sanctions.
EghtsadOnline: The Swiss government's payment channel for humanitarian goods to Iran, known as Swiss Humanitarian Trade Arrangement (SHTA), is plagued by delays, raising concerns about the viability of the move.
EghtesadOnline: A Swiss channel to export food and medicine to Iran without running foul of US sanctions is off to a good start, with dozens of companies keen to take part, a senior Swiss government official said on Saturday.
EghtesadOnline: In a delayed response to the humanitarian trade channel between Iran and Switzerland coming into full effect, governor of the Central Bank of Iran said its effect should be seen in practice.
EghtesadOnline: The United States and Switzerland formally launched a humanitarian trade channel on Thursday that will allow companies to trade food, medicine and other critical supplies with Iran.
EghtesadOnline: Tehran seems unimpressed and also pessimistic over the newly-created Swiss payment channel aimed at delivering humanitarian goods to Iran.
EghtesadOnline: The Central Bank of Iran has made available $4 billion in foreign currency to importers of medicine and medical equipment in the last ten months.
EghtesadOnline: The governor of the Central Bank of Iran said Switzerland's payment mechanism unveiled this week for delivering humanitarian supplies to Iran is not enough, as it does not cover bank transactions.
EghtesadOnline: A humanitarian channel for food and medicine export to Iran should be launched in the coming months, senior Swiss and US officials told Reuters, helping supply Swiss goods to the Iranian people without tripping over US sanctions.
EghtesadOnline: The Swiss Federal Council adopted a dispatch on a protocol to the double tax agreement (DTA) with Iran on Oct. 23, which implements the minimum standards for such agreements.