December 17, 2018 14:52
News ID: 3671

(Persia Digest) – The Spokesperson for the Iranian Foreign Ministry has said: “The SPV will cover all transactions with Europe, not merely food and medicine.”

At a press conference about the Special Purpose Vehicle, Bahram Ghasemi said: “The SPV has been worked on for some time now to facilitate trade between Iran and the EU.”

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He added: “This will cover many goods including food and medicine; the mechanism can also be used to do business with other countries.”

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He reiterated: “This is not just for food and medicine. Industrial investment will have to find its place in this mechanism.”

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