Iran-Europe Relations

The European Union's newly-created special purpose vehicle aimed at facilitating legitimate trade with Iran needs time to prove effective in rescuing Iran's troubled economy under harsh American…

Officials in Tehran welcomed the creation of a channel with Iran called INSTEX by Europe, to help continue trade and circumvent unilateral US sanctions re-imposed after Washington withdrew from…

In a joint statement on Thursday, French, German and UK Foreign Ministers announced the establishment of 'INSTEX' the long-awaited mechanism created for facilitating trade with Iran. …

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.

While under the strict sanctions of the United States, Iran needs to tactfully maintain its cooperation with the European Union so as to win other advantages, in addition to their special…

Iran’s nuclear chief says progress in efforts by the European Union to facilitate trade with the country despite US sanctions would be an “encouraging” sign that can help keep the trust between…

The European Commission said it’s seeking to launch “very soon” a special purpose vehicle to help European companies bypass US sanctions on Iran, with three European diplomats saying the…

The United States is concerned that the European Union would be able to strongly assert its place in the global financial system after the launch of the special purpose vehicle to enable non-…

Trade between Iran and the 28 European Union member states declined by 66.02% year-on-year to stand at €679.55 million in November 2018. Iran’s exports during the one-month period amounted to €…

A US effort to enlist Europe in its pressure campaign against Iran faced a setback after officials said ministers from several European Union member states and EU foreign policy chief, Federica…

As Iranian traders (and more broadly Europeans) wait for the launch of the long-awaited special purpose vehicle by European powers, some businesses fear that the trade mechanism may after all…

Germany’s foreign minister said he is hopeful Europe in the coming weeks will be able to finalize its long-promised payment channel for conducting trade with Iran. 

Foreign Minister Mohammed Javad Zarif said on Tuesday that the EU cannot cover up its support for terrorists that work against the Islamic Republic by imposing sanctions on Tehran over alleged…

The European Union says work is continuing to set up a special payment mechanism to facilitate trade with Iran and sidestep US sanctions against Tehran. 

Iran has reacted “patiently and responsibly” to Europe’s tardiness in fulfilling its promises to avert the United States’ sanctions against Tehran, but this approach should not be interpreted as…

In case the European Union fails to set up a financial system to ensure continued trade with Iran, the parliament will step in and pass a bill tasking the government to take countermeasures, a…

Europe’s financial mechanism for continuing trade with Iran has not been activated yet, because every European bank that steps forward to cooperate faces the United States’ threats, a lawmaker…

Iran should make further use of diplomatic channels to revitalize its economy instead of merely hoping that the European Union’s plan to facilitate trade and offset US sanctions will work out, a…

Europe’s failure to fulfill its commitments under the 2015 nuclear agreement will leave Iran with no choice but to abandon the deal, a foreign relations expert said. 

A system proposed by the European Union to facilitate non-dollar trade with Iran and sidestep US sanctions will cover a range of goods and transactions rather than having a limited scope, a…

Trade between Iran and the 28 member states of the European Union during January-October amounted to €16.58 billion, which shows a 6.66% rise compared with the similar period of last year.

Iran needs to set a timeframe for the European Union to enact its measures aimed at protecting Iran against the United States’ sanctions so as to avoid being left in limbo for a long time, a…

The protracted and sluggish process of establishing a financial mechanism by the European Union to keep trade with Iran afloat has undermined Iranians’ trust in the bloc, a senior…

Iran-Finland relations vis-a-vis US sanctions regime, cooperation between the Iranian and European small- and medium-sized enterprises, the Joint Comprehensive Plan of Action and a planned…

The European Union’s foreign policy chief said on Monday a system to facilitate non-dollar trade with Iran and circumvent US sanctions could be in place by the yearend.