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Swiss-initiated payments channel for Iran ready for launch: report 19 Dec 2018

Swiss-initiated payments channel for Iran ready for launch: report

Switzerland is close to launching a payments channel to let companies sell food, medicine, and medical devices to Iran in the face of US sanctions. According to the Financial Times, the Swiss initiative has US approval and rivals EU’s promised trade mechanism that is said to bypass US sanctions against Iran. According to the report, Bern’s […]