Special Purpose Vehicle for Iran-EU Trade Before November

Federica Mogherini, the European Union’s foreign policy chief, said a so-called “Special Purpose Vehicle” under consideration to facilitate trade with Iran could be in place “before November”.

The SPV aims to keep trade flowing even if possible Uni…

Federica Mogherini, the European Union’s foreign policy chief, said a so-called "Special Purpose Vehicle" under consideration to facilitate trade with Iran could be in place “before November”. The SPV aims to keep trade flowing even if possible United States sanctions hit Tehran.  Asked at an...