Ar
فا
Menu
All Sections
آخرین موضوعات دیده شده
کمیسیون اقتصادی کمیسیون اقتصادی کمیسیون اقتصادی کمیسیون اقتصادی

Iran Europe

Europe registers INSTEX, Iran welcomes move

The long-awaited special purpose vehicle to facilitate Iran-EU trade in the face of renewed US sanctions has officially been put in place in France. It’s waiting for a similar Iranian entity and several other factors to become operational.

Financial Markets

Europe sets up Iran financial mechanism, calls it INSTEX

Germany, France and Britain say they’ve established and registered a commercial trade mechanism with Iran, called Instrument In Support of Trade Exchanges (INSTEX), that will bypass the unilateral US sanctions.

Financial Markets

Europe is steps away from SPV: German envoy

Should it become operational, the Special Purpose Vehicle (SPV) created by the European Union, will not use US dollars in its transactions with Iran and will allow European firms to trade with Iran in the face of unilateral US sanctions.

Trade

European SPV could be in place as early as ’Monday’

Brussels had announced in previous occasions that it’s working hard on the non-dollar financial channel and that it would become operational soon. This time it seems that the EU is closer and more exact in its timetable.

Trade

‘Iran-EU trade mechanism to be set up in coming days’

French Foreign Minister Jean-Yves Le Drian says a European-backed trade mechanism, known as the Special Purpose Vehicle (SPV), aimed at facilitating non-dollar business with Iran in the face of US sanctions should be established in the coming days.

Financial Markets

How Europe’s SPV Can Help Iran Fight Inflation

The author believes Tehran should welcome the creation of a possible special purpose vehicle by the EU because it will help bring in necessary commodities such as food and medicine that will lead to less inflation and will remove the burdon from the end users.

Trade

Germany says working out final requirements of SPV

Berlin authorities say one of the details is which country will be the headquarters of the financial channel to do trade with Iran in the face of unilateral US sanctions.

Trade

Sanctions cause epilepsy medication shortage

The US Treasury says the renewed economic punitive measures do not impede humanitarian aid for Iran but with less and less European banks willing to accept financial transactions with Iran, food, medicine and medical equipment imports have been disturbed.

Trade

Europe to continue work on SPV in 2019: Mogherini

It was supposed to be put into place by the end of 2018, however it did not come through. Now, the head of the continent foreign policy is promising to keep working on that this year.

Trade

With financial channels stifled, Iranian citizens pay sanctions price

The US unilaterally walked out of the Iran nuclear deal and reimposed sanctions that target the oil and banking sectors. Washington says humanitarian goods, such as food, are exempt from the measures. But, the situation on the ground shows the otherwise. Ordinary Iranians are being affected the most.

Trade

Iran Chamber of Commerce, Industries, Mines and Agriculture

Established in 1884, Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) is a non-profit and non-governmental institution which aims at facilitating economic growth and development in the country. Iran Chamber tries to further coordinate the activities of the private sector. As an economic forum, representatives from both the government and the private sector attend Iran Chamber's sessions. Meanwhile the institution acts as an advisory body to the government, parliament and judiciary.

We use your email only for newsletter subscribtion

All rights reserved.

© 2024

Brought to you by LOTUSCODE.IR