Special Purpose Vehicle" (SPV)

Total:52

  • Zarif NBC 2019-06-23 18:30

    Iran in talks with several countries for monetary agreements: Zarif

    TEHRAN – Negotiations for monetary agreements are underway with several countries, Iranian Foreign Minister Mohammad Javad Zarif said on Sunday.

  • INSTEX: EU assumes Iranians walking on banana leafs 2019-02-18 13:44

    By Salman Parviz

    INSTEX: EU assumes Iranians walking on banana leafs

    TEHRAN - After months of delay and despite the 2015 commitments of European leaders towards the Iran nuclear deal, the so-called E-3 (Germany, France and the UK) registered the Instrument in Support of Trade Exchanges (INSTEX). However, this special purpose vehicle (SPV) has no engine or driver and doesn’t conform with the trade and investment promises made in return for dramatic reduction in Iran’s nuclear program.

  • Ali Vaez, director of the Iran program for International Crisis Group 2019-02-02 10:27

    By Javad Heirannia

    SPV is not a magic solution: Ali Vaez

    TEHRAN - Ali Vaez, director of the Iran program for International Crisis Group says that SPV is not a magic solution, and it may take a few months before its success can be truly assessed.

  • Ghaderi 2019-02-02 09:30

    By Mohammad Ghaderi

    There remains ambiguity about the SPV even though it exists

    TEHRAN - Finally, after months of delay, the foreign ministers of the United Kingdom, France and Germany announced in a joint statement that they have set up a financing mechanism to skirt American sanctions and keep the 2015 Iran nuclear deal alive.

  • From left, French Foreign Minister Jean-Yves Le Drian, UK Foreign Secretary Jeremy Hunt, and German Foreign Minister Heiko Maas launch the long-awaited special vehicle for Iran trade in Bucharest, Romania, on Jan. 31. (Daniel Mihailescu/AFP/Getty Images) 2019-02-01 22:13

    BY Haniyeh Sadat Jafariyeh

    SPV: A European mechanism to struggle U.S., gain economic autonomy

    In their joint statement on that last day of January, French Foreign Minister Jean-Yves Le Drian, German Foreign Minister Heiko Maas, and British Foreign Secretary Jeremy Hunt introduced the SPV (a special purpose vehicle) also called INSTEX (Instrument in Support of Trade Exchanges), the financial mechanism which enables Iran to keep doing business with the rest of the world despite the draconian financial sanctions imposed by the Trump administration.

  • spv 2019-02-01 21:06

    Iran seeks speedy implementation of commitments as EU sets up payment channel with Iran

    TEHRAN – The Foreign Ministry issued a statement of Thursday saying Tehran welcomes the European Union’s payments mechanisms to skirt the U.S. sanctions against Iran, yet it sought an immediate implementation of the payment channel.

  • Richard Nephew 2019-02-01 14:23

    By Javad Heirannia

    There is no relation between delays in SPV with Iran’ missile program: Nephew

    TEHRAN – Richard Nephew, who served as the lead sanctions expert for the U.S. team negotiating with Iran, is of the opinion that I think the main cause of the delay in SPV (special purpose vehicle) has been to create a structure that avoids to the extent possible the risk of U.S. sanctions while at the same time providing Iran with something meaningful.  

  • Mark Fitzpatrick 2019-02-01 13:15

    By Javad Heirannia

    Warsaw Conference will not have any practical impact on Iran: Fitzpatrick

    TEHRAN - Mark Fitzpatrick, Associate Fellow of International Institute for Strategic Studies says that the name of the Warsaw's Conference had to be changed when it was clear that few EU states would participate in an event that was clearly identified as Iran bashing.

  • EU 2019-01-30 13:55

    By staff and agency

    Europe starts registering company to trade with Iran

    France, Britain and Germany are this week executing their plans to set up a special-payments company to secure some trade with Iran and blunt the impact of U.S. sanctions.

  • German Foreign Minister Heiko Maas 2019-01-29 20:32

    Germany says EU soon to launch Iran funding scheme

    The European Union is on the verge of launching an alternative channel to send money to Iran that would sidestep U.S. sanctions against the Islamic republic, Germany’s foreign minister said Monday.

  • Tehran: U.S. after dividing Iran and Europe through Warsaw summit 2019-01-28 17:50

    Tehran: U.S. after dividing Iran and Europe through Warsaw summit

    TEHRAN – The Foreign Ministry said on Monday that the U.S. aims to create division between Iran and some European countries by holding an anti-Iran summit in Warsaw, Poland, next month.

  • salehi 2019-01-27 19:01

    By Mehdi Sepahvand

    Salehi: EU better launch SPV before it is too late

    Iran’s nuclear chief says the European Union (EU) had better launch a promised payment mechanism meant to maintain trade with Iran and bypass unilateral sanctions by the United States “before it is too late.”

  • spv 2019-01-25 17:42

    By staff and agency

    EU says SPV to be launched ‘very soon’

    The European Commission said it’s seeking to launch “very soon” a special purpose vehicle (SPV) to help European companies bypass U.S. sanctions on Iran.

  • Nader Entessar 2019-01-23 09:57

    By Payman Yazdani

    SPV does not have requisite mechanism to overcome U.S. opposition: Entessar 

    TEHRAN - Nader Entessar, professor emeritus of political science from university of South Alabama still insists that the SPV is a hollow shell and does not have the requisite mechanism to overcome U.S. opposition.

  • jannati 2019-01-18 20:09

    Jannati advises officials not to trust Europe

    TEHRAN – Ayatollah Ahmad Jannati, chief of Iran’s Assembly of Experts, says the Europeans are worse than the Americans in trying to deprive Iran of the benefits of the 2015 nuclear deal, aka the Joint Comprehensive Plan of Action (JCPOA), advising officials not to fall for them.

  • No date set for establishing SPV: Qassemi 2019-01-17 02:18

    No date set for establishing SPV: Qassemi

    TEHRAN – The Europeans so far have not announced a date for establishing the special purpose vehicle (SPV), Foreign Ministry spokesman Bahram Qassemi said on Tuesday, Mehr reported.

  • MP: ‘We must not go easy on Poland’ 2019-01-15 22:50

    MP: ‘We must not go easy on Poland’

    TEHRAN – Chairman of the Majlis Nuclear Committee Mojtaba Zonnour has called on the Foreign Ministry to take a firm stance against Poland’s decision to host an anti-Iran summit.

  • Iran says still honoring nuclear deal 2019-01-14 21:08

    Iran says still honoring nuclear deal

    TEHRAN – Tehran says its move to design a modern process for 20-percent uranium enrichment does not run against its compliance with the 2015 nuclear agreement, officially known as the JCPOA in its English abbreviation and BARJAM in Persian.

  • mp 2019-01-13 22:22

    Parliament to ask Zarif questions if SPV is not implemented: MP

    TEHRAN - Mohammadreza Pourebrahimi, the head of the economic committee of the Iranian parliament, has said that the parliament will ask Zarif questions if the special purpose vehicle (SPV) is not implemented in future weeks.

  • European Union 2019-01-13 17:31

    By M.A. Saki

    EU credibility at serious stake

    TEHRAN - It has repeatedly been said that the European Union is adamant in its determination to safeguard the 2015 nuclear agreement with Iran, officially called the Joint Comprehensive Plan of Action (JCPOA).

  • Shireen Hunter 2019-01-13 15:30

    By Javad Heirannia

    Not all EU members favor SPV: Shireen Hunter

    TEHRAN - Shireen Tahmaasb Hunter, a professor of political science at Georgetown University, tells the Tehran Times that “It was clear from the beginning that establishing a special and separate channel for commercial dealings between Iran and Europe would not be easy.”

  • Heiko Maas 2019-01-12 20:55

    Berlin pursuing SPV final requirements: Germany

    TEHRAN – Germany is pursuing the final requirements for implementation of the special purpose vehicle (SPV) for trade with Iran, German Foreign Minister Heiko Maas has said.

  • Zarif at an Iran-India business forum 2019-01-08 16:20

    Zarif: Traditional partners prioritized amid EU procrastination

    TEHRAN – Tehran would not wait for the Europeans and their special payment system and will work with its traditional partners, like India, China and Russia, in order to fulfill the interests of Iranians, Foreign Minister Mohammad Javad Zarif said as he visited India late Monday.

  • Richard Nephew 2019-01-06 10:05

    By Javad Heirannia

    I do not think SPV covering wide areas of trade: Nephew

    TEHRAN – Richard Nephew, who served as the lead sanctions expert for the U.S. team negotiating with Iran, is of the opinion that “I do think that there will be something called the SPV eventually created that facilitates trade between Europe and Iran, but I do not think it will be the same sort of SPV that was announced in September, covering wide areas of trade.”

  • faraji 2019-01-04 22:12

    ‘Practical action not expedient as Europeans have not formulated SPV yet’

    TEHRAN - Abdolreza Farajirad, director general of Strategic Council for Foreign Relations, has said it is not expedient that Iran resort to “practical action” as the Europeans have not yet formulated the special purpose vehicle (SPV) to save the 2015 nuclear deal, officially called the Joint Comprehensive Plan of Action.

  • Iran not counting on ‘economic’ aspect of SPV: MP 2019-01-02 21:23

    Iran not counting on ‘economic’ aspect of SPV: MP

    TEHRAN – A senior lawmaker said on Wednesday that Iran is not counting on the “economic” aspect of the special purpose vehicle (SPV), the European Union’s initiative intended to protect trade with Iran in defiance of U.S. sanctions, Mehr reported.

  • نشست چهارجانبه ظریف، لاوروف، چاووش اوغلو و دی میستورا 2018-12-29 20:35

    Zarif: U.S. should drag the world into chaos if it tries to prevent Iran’s oil export

    TEHRAN – Iran’s foreign minister says the U.S. would have to resort to policies that would drag the world into a chaotic state if it tried to actually shut down Iran’s oil exports.

  • Iran won’t keep silent about JCPOA violations: Kharrazi 2018-12-19 20:44

    Iran won’t keep silent about JCPOA violations: Kharrazi

    TEHRAN – Kamal Kharrazi, head of the Strategic Council on Foreign Relations, says Iran would not remain silent if the remaining parties to the 2015 nuclear deal fail to fulfill their commitments.

  • spv 2018-12-19 20:30

    Europeans have new offer about SPV: MP

    TEHRAN - Morteza Saffari Natanzi, a member of the Majlis National Security and Foreign Policy Committee, has said that the Europeans have offered that a judicial body in one of the European countries should host the special purpose vehicle (SPV).

  • kharrazi 2018-12-17 20:45

    Iran doesn’t sit silent toward destabilizing actions: Kharrazi

    TEHRAN - Kamal Kharrazi, head of the Strategic Council on Foreign Relations, said on Monday that Iran does not sit silent towards destabilizing actions in the Middle East region.