Iran minister says EU trade arrangement moving slowly, talking to India, China

Iran minister says EU trade arrangement moving slowly, talking to India, China

Iran’s foreign minister said on Tuesday the European Union was moving slower than expected in facilitating non-dollar trade with Tehran to circumvent U.S. sanctions, forcing it to explore avenues with other nations, Trend reports referring to Reuters.

“We continue to work with the Europeans for the special purpose vehicle but we are not waiting for them,” Mohammad Javad Zarif told reporters in New Delhi. “We are working with our traditional partners like India, like China, like Russia so that we continue to work in the interest of our people.”

The EU wanted a so-called special purpose vehicle (SPV) to help preserve the economic benefits for Iran deriving from the curbs Tehran placed on its nuclear program under a 2015 deal with world powers. In May 2018, President Donald Trump withdrew the United States from it.

EU diplomats had hoped here to have the SPV in place last year but ran into delays as member states balked at hosting it for fear of being targeted by the revived U.S. sanctions regime against Iran.

Zarif also said he was talking to Indian officials about selling more urea to India at a “reasonable” rate.

Turkish Airlines to launch multiple charter flights to Georgia
Turkish Airlines to launch multiple charter flights to Georgia
Belarusian airlines announces another suspension of flights to Turkmenistan
Belarusian airlines announces another suspension of flights to Turkmenistan
Uzbekistan, Tajikistan postpone flights resumption date
Uzbekistan, Tajikistan postpone flights resumption date
Loading Bars
Latest
Armenia shells Goygol district, fire breaks out in forest - Ministry of Emergency Situations
Joint technical committee to be set up related to Khudafarin & Giz Galasi hydro junctions
ADB approves loan to support Georgia’s economic recovery
Azerbaijan's Nakhchivan increases value of its agricultural production
Turkmenistan plans to increase natural gas supplies to China
Armenian servicemen, who fire at civilians in Azerbaijan’s Barda, killed on battlefield (VIDEO)
Azerbaijan shoots down two Su-25 of Armenia – Defense ministry
Aircraft of Azerbaijani Armed Forces not involved in today's battles - Defense Ministry
Turkish Airlines to launch multiple charter flights to Georgia
Georgia's economic growth rate to up
Armenia used cluster bombs prohibited by all int'l conventions to attack civilians in Barda - Assistant to First Vice President of Azerbaijan
Azerbaijan’s all Smerch multiple rocket launchers fully operational – Defense ministry
Azerbaijan's Zangilan city liberated not long before 27-year anniversary of its occupation
Azerbaijan hands over bodies of soldiers, captured civilians to Armenia - president's aide
Azerbaijan bombing maternity hospital in Nagorno-Karabakh's Khankendi - fake
Top Iranian cleric condemns Armenia killing innocents in Azerbaijan's Barda city
Azerbaijan to become regional leader in energy efficiency - EU4Energy manager
Assessment of Turkmenistan's hydrocarbon resources published
Barda is beautiful and strong with reinforced determination - top official
Azerbaijani MPs to observe parliamentary elections in Georgia
Georgian vegetable oil company Qarva expanding its business
Assistant to Azerbaijani president, foreign diplomats visit Tartar
Kazakh-Chinese bitumen plant opens tender to buy electric materials
Neighboring countries increase demand to buy subsidized Iranian products
IFRC president makes statement on death of volunteer following Armenia's Barda shelling
Azerbaijan gives update on civil casualties, damages, following Armenia's attacks
Eni’s capex almost halves year-on-year
Criminal case opened on fact of Armenia's missile attack on Azerbaijan's Barda
Destroying historical monuments in Karabakh - against cultural identity of Azerbaijanis
Azerbaijani prosecutor general discloses number of victims of Armenian terror
OSCE MG either unable or uwilling to solve Karabakh conflict - Erdogan
IFRC Europe Office makes statement on Azerbaijani volunteer killed as result of Armenian shelling
Launch process for water and electricity facilities in Iran continues
Azerbaijani Armed Forces driving away Armenian troops like dogs – Assistant to president
Armenian Armed Forces cowardly flee from battlefield – Assistant to Azerbaijani president
Kazakhstan’s Intergas Central Asia opens tender for equipment maintenance
Generation capacity Iran's power plants grows
Armenia hostile to entire Islamic world, says Algerian analyst
LUKOIL optimistic about prospects for co-op with Turkmenistan
Heavily injured in Armenia's attack on Azerbaijan's Barda, brought to Baku
Azerbaijani FM’s visit to Geneva postponed
Foreign diplomats arrive in Barda, which is still under fire by Armenian troops (VIDEO)
Azerbaijan condemns publication of Charlie Hebdo about Turkish president - Assistant to Azerbaijani president
Azerbaijani oil prices decrease
New refrigeration facility for food opens in Georgia's Kakheti region
To liberate occupied lands, Azerbaijani Army striking military targets, but without harming civilians - MoD
Eni increases natural gas production at its Kazakhstan-based fields
Winter wheat planting completed in Turkmenistan’s Akhal region
Armenian leadership to be held accountable - Prosecutor General (PHOTO)
Loans to entrepreneurs increased in Azerbaijan's Nakhchivan
ANAMA reveals details of Armenian attacks on Azerbaijan's Barda
Central Banks of Iran announces volume of foreign currency put up for sale
Assistant to Azerbaijani President arrives in Barda, Tartar together with diplomatic corps (PHOTO)
Foreign exchange reserves of Azerbaijan's CB increase
Ambassador of France in Azerbaijan makes statement on Armenian missile attack on Barda
Industrial production increased in Azerbaijan's Nakhchivan Autonomous Republic
Certain facilities launched in Iran’s water and electricity sectors
Belarusian airlines announces another suspension of flights to Turkmenistan
New York Times prepares article covering Armenian missile attack on Azerbaijani Barda
Eni lowers oil&gas output amid COVID-19, OPEC+ commitments
Azerbaijani General Prosecutor's Office assessing damage to liberated territories
Iran to boosts gas production
Armenia grew narcotic plants in occupied Azerbaijani territories - Ecology Ministry
Debris of missiles fired at Azerbaijani Barda (PHOTO)
Targeting innocent civilians shows that Armenia prefers cruel, hideous methods of warfare - Azerbaijani embassy in US
Equinor sees increase in natural gas sales volumes
Turkmenistan organizes charter flight from Russia’s Tatarstan amid COVID-19
TCCI meeting with special emphasis on 'Supporting Azerbaijan' to be held
Equinor’s liquids, gas production up due to new fields
Iranian Energy Exchange announces products to be on sale October 31
Military equipment left on battlefield by Armenian Armed Forces (VIDEO)
Progress achieved in upgrading energy system - Int'l Energy Charter Secretary General
Solar panels to be installed on school roofs in Georgia
Artillery fire aimed at civilians is crime against Azerbaijani people, against humanity as whole - International Turkic Culture and Heritage Foundation
Uzbekistan reveals its COVID-19 data for October 29
Georgia expects increase in bread prices
Azerbaijani-Turkish unity and strategic alliance have today reached highest level - President Ilham Aliyev
Nokia's third-quarter results miss expectations
President Ilham Aliyev sends congratulatory letter to President Erdogan
Equinor reduces output from Azeri-Chirag-Gunashli block
High-ranking Armenian officers annihilated - Azerbaijan Defense Ministry
ICRC gives statement on Azerbaijani volunteer killed as result of Armenian shelling
Armenia's attacks on civilians discussed during Baku-Istanbul teleconference held be Trend News Agency (VIDEO)
Azerbaijani FM holds phone conversation with British minister
Iran must support to Azerbaijan fully - Iranian MP
War call of Armenian catholicos is beyond church canons - Albanian-Udi community's head
Oil inches up after 5% slide overnight as hurricane shuts U.S. output
Iranian currency rates for October 29
Armenian Armed Forces fired on Azerbaijan's Goranboy, Tartar districts - MoD
IFRC volunteer killed in Barda as result of Armenian shelling - top official
Turkmenistan, Kazakhstan to strengthen co-op by increasing volume of export-import operations
Footage of Gubadli region's Giyasli, Saryyatag villages liberated from occupation unveiled (VIDEO)
SOCAR expected to see 25% haircut to cash
Assistant to Azerbaijani President due in Barda, Tartar together with diplomatic corps
Switzerland supports territorial integrity of Azerbaijan - Switzerland's FM
SOCAR's liquidity to remain manageable, if its operations continue uninterrupted
Phone conversation held between Azerbaijani Foreign Minister, EU High Representative
SOCAR’s assets, exports not to be damaged from Karabakh conflict
SOCAR’s EBITDA expected to decline in 2020
Destroyed military equipment of the Armenian army - LIST
All news