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Europe’s SPV mechanism can't guarantee anything: Araghchi

Tuesday, 29 January 2019 2:46 AM [ Last Update: Tuesday, 29 January 2019 2:52 AM ]

Political deputy at the Ministry of Foreign Affairs of Iran Abbas Araghchi

Homa Lezgee
Press TV, Vienna

Iran’s deputy foreign minister is doubtful about the efficiency of Europe’s financial mechanism for bypassing US sanction on his country. Abbas Araghchi says the special purpose vehicle, that’s yet to be launched, cannot guarantee anything. however, he says Iran hopes that the trade channel, if set up, can usher in a new phase of economic relations with Europe. Homa Lezgee reports from Vienna.

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