The European Union has stepped up work on the creation of a special mechanism that will facilitate trade with Tehran amid US sanctions, Maja Kocijancic, the European Commission’s spokeswoman for foreign affairs and security policy, said at a press briefing on Wednesday. “The work on setting up the SPV, or ...
The European Union, France, Germany and Britain said in a joint statement that they regretted the United States’ decision to impose new sanctions against Tehran and would seek to protect European companies doing legitimate business with Tehran. “Our aim is to protect European economic actors who have legitimate commercial exchanges ...