Tag Archives: European Union

O'.Sullivan urges the US to respect the fact that Europe is still among signatories of the JCPOA.

The European transactions channel for Iran will be called INSTEX (Instrument in Support of Trade Exchanges).

All the EU countries are hoping that SPV would be in place soon.

A first ministerial meeting on the topic took place on July 17. 2018. followed by meetings at expert during the second half of 2018.

The second batch of US sanctions against the Islamic Republic took effect on November 4.

SPV is a financial mechanism that the European Union has proposed to facilitate trade with Iran.

Nord Stream and the extension pass through Finnish territory.

The current contract for the transit of Russian gas to Europe through Ukraine expires in late 2019.

The mechanism is part of the EU’s efforts to encourage Iran to remain in the nuclear deal.

Europe needs an extended timeframe to implement its strategies for preserving Iran’s benefits from the 2015 nuclear deal.