Sanctions Loom Large On Iran But Importers Look For Loopholes To Work Around Them

摘要

Even as the US tightened the sanctions noose on Iran, Germany, France and Britain are mulling setting up a new financial institution to allow EU trade with Iran to continue despite American sanctions renewed by US President Donald Trump, German media reported Friday, 14th September. The three countries could set up a "Special Purpose Vehicle" (SPV) — a firm resembling a clearing house that would cut Tehran out of the financial loop while still allowing trade, news weekly Der Spiegel and business daily Handelsblatt reported.