Europe struggling to set up trading vehicle for Iran: Iran foreign minister
Iranian Foreign Minister Mohammad Javad Zarif speaks during a news conference in Istanbul, Turkey October 30, 2018. REUTERS/Murad Sezer/File Photo/ GENEVA (Reuters) - European countries are finding it difficult to set up a Special Purpose Vehicle (SPV) to allow non-dollar trade with Iran, Foreign Minister Mohammad Javad Zarif said on Tuesday, according to parliamentary news agency ICANA. The SPV would act as a clearing house that could be used to help match Iranian oil and gas exports to purchases of EU goods, circumventing U.S. sanctions ...
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