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Germany, France, UK officially set up European transactions channel with Iran
France, Germany and Britain set up a mechanism for non-dollar trade with Iran to avert US sanctions.
EU: Iran SPV preparations at ‘advanced stage’, official unveiling could be Jan. 28
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.
Zarif: Europe’s commitments beyond SPV
Mogherini: EU adheres to JCPOA
Iran rejects reports of EU conditions for establishing SPV
Iran’s Foreign Ministry’s spokesman Bahram Qassemi dismissed as “substantially false” reports that the European Union has set conditions for establishing a special payment channel that is supposed to secure its trade commitments under the 2015 nuclear with Tehran.
Qassemi: SPV does not just include purchasing medicine, food
Iran's Foreign Ministry spokesman Bahram Qassemi said a financial mechanism designed by the European Union to facilitate trade with Iran does not just include purchasing medicine and food.
Europe says working round the clock to launch Iran payment channel
Europe is “working twenty-four seven” to set up the special purpose vehicle (SPV), a payment mechanism aimed at facilitating business with Iran in the face of US sanctions, the head of the European Parliament’s delegation for relations with Iran said.
Austria hopeful about implementation of EU's SPV mechanism
Austrian Ambassador to Iran stressed intense efforts by European states to implement the Special Purpose Vehicle (SPV) mechanism as promised by the European Union in September.
Deputy FM: EU’s political will to save JCPOA ‘still strong’
Iranian Deputy Foreign Minister Abbas Araqchi said European diplomats have reassured him that the bloc is working on new ways to keep financial transactions with Tehran, adding that experts from both sides are negotiating the mechanism.

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