EU must take practical measures to establish SPV: advisor

December 13, 2018

TEHRAN – A senior foreign policy advisor to the Iranian parliament speaker has said Europe’s promise of establishing the special purpose vehicle (SPV) needs practical measures.

Hossein Amir Abdollahian made the remarks at a meeting with Tarja Cronberg, a member of the Executive Board of the European Leadership Network, Mehr reported on Wednesday.

While hailing the European Union’s defiance of the unilateral U.S. sanctions against Iran, Amir Abdollahian said Europe’s delay in establishing the SPV is not acceptable.

Cronberg admitted that Europe has not acted quickly in fulfilling Iran’s expectations from the nuclear deal it signed with world powers in July 2015 and went into effect in January 2016.

MH/PA

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