Indian ambassador to Iran, Gaddam Dharmendra said to ILNA news agency that Iranian oil still remains debate issues relating to ties between Tehran and New Delhi.
Iranian Labour News Agency
Indian ambassador to Iran, Gaddam Dharmendra said to ILNA news agency that Iranian oil still remains debate issues relating to ties between Tehran and New Delhi.
Turkish President Recep Tayyip Erdogan has announced that Ankara is "ready" to establish its own trade mechanism with Iran, allowing companies from the two neighbouring countries to continue doing "legitimate" business amid punishing US sanctions.
Germany, France and Britain have officially set up a European mechanism to facilitate non-dollar trade with Iran and circumvent U.S. sanctions, two diplomats said on Thursday.
A payment mechanism the EU hopes will save the Iran nuclear deal by bypassing US sanctions is ready, diplomats said on Monday, but is held up by disagreements among European countries.
Europe is only few steps away from establishing a non-dollar financial channel with Iran, also known as the Special Purpose Vehicle (SPV), German ambassador to Iran says.
Germany is pursuing the final requirements for implementation of Special Purpose Vehicle (SPV) for trade, German Foreign Minister Heiko Maas said.
High Representative of the European Union for Foreign Affairs and Security Policy Federica Mogherini said efforts to implement the Special Purpose Vehicle for trade (SPV) will continue into 2019.