EU Reassures Iran of Commitment to JCPOA
European Union Foreign Policy Chief Federica Mogherini, after a meeting with Head of the Atomic Energy Organization of Iran Ali Akbar Salehi, reiterated the bloc’s resolve to preserve the 2015 nuclear deal between Tehran and world powers. “They equally expressed their determination to preserve the nuclear agreement as a matter of respecting international agreements and […]
France, Germany likely to host Europe-Iran payment channel
Either France or Germany might become the host nation for the European clearing house, usually referred to as a Special Vehicle Purpose (SPV) — a payment mechanism that would allow European companies to bypass US-imposed sanctions on Iran. The report was released on Monday, during the visit of Iran’s nuclear chief Ali Akbar Salehi to Brussels, […]
27 EU Leaders Approve Terms of Brexit Deal: Tusk
The leaders of the 27 other European Union members states Sunday approved the terms of a historic Brexit deal with Britain, at a special summit in Brussels. “EU27 has endorsed the withdrawal agreement and political declaration on the future EU-UK relations,” EU Council President Donald Tusk announced on Twitter, AFP reported. The formal conclusions state […]
EU says committed to maintaining JCPOA, safeguarding Iran’s oil export
European signatories of Joint Comprehensive Plan of Action (JCPOA) say that they are committed to working on, inter alia, the preservation and maintenance of effective financial channels with Iran, and the continuation of Iran’s export of oil and gas. In a Friday joint statement issued signed by High Representative Federica Mogherini and Foreign Ministers Jean-Yves […]
The EU’s purposeful delay in implementing the SPV
Reuters has recently reported that a new European Union mechanism to facilitate payments for Iranian exports should be legally in place by Nov. 4, when the next phase of U.S. sanctions hit, but will not be operational until early next year, three diplomats said. The mechanism, a so-called special purpose vehicle (SPV), is designed to […]
Iranian diplomat consults with Europeans on Syria
Hossein Jaberi Ansari, a senior assistant to the Iranian foreign minister, has visited Switzerland, Belgium and France to hold consultations on the Syrian crisis. In an interview with the IRIB published on Friday, he elaborated on his trips and meetings. On his visit to Geneva, he said, “This trip was aimed at holding second round […]