...

Head of EU-Iran special-purpose vehicle to visit London

Iran Materials 2 April 2019 15:04 (UTC +04:00)
German national Per Fischer, the head of the Instrument in Support of Trade Exchanges (INSTEX), will travel to London to attend a meeting with the participation of British officials, businessmen, trade companies and investors
Head of EU-Iran special-purpose vehicle to visit London

Baku, Azerbaijan, April 2

By Elnur Baghishov - Trend:

German national Per Fischer, the head of the Instrument in Support of Trade Exchanges (INSTEX), will travel to London to attend a meeting with the participation of British officials, businessmen, trade companies and investors, a source familiar with the matter said, Trend reports via IRNA.

INSTEX is a special-purpose vehicle (SPV) established in January 2019 by France, Germany and the UK to facilitate non-dollar trade with Iran. The SPV is headquartered in Paris, France.

The source said that the meeting will be held in mid-April and Fischer will inform about the function of INSTEX.

The meeting will be held on the initiative of the UK Department for International Trade and the British Iranian Chamber of Commerce, according to the source.

“The purpose of the meeting is to answer the questions of concern to British companies for carrying out financial transactions with Iran,” the source added.

Tags:
Latest

Latest