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Iran says talks with Europe on creating SPV continuing

ISNA - Iranian Students' News Agency

Mon / 3 December 2018 / 16:25

Tehran (ISNA) – Iranian Foreign Ministry spokesman, Bahram Qassemi announced that negotiations and efforts over creating the Special Purpose Vehicle (SPV), a special payment channel between Iran and EU are continuing.

Speaking in his weekly press conference on Monday, Qassemi said, "Creating such new financial mechanism is time-consuming but we expect that Europeans finalize the mechanism in the shortest possible time. Our view toward the SPV is positive and when we achieve the optimal and final result in this regard, we will provide the media and public with the necessary information".

"Some EU members refused to host the SPV based on their grounds and some other countries have expressed their readiness to host the mechanism and raised the issue with us. We are waiting the process regarding the SPV to be finalized and officially announced by Europeans," he added.

"The issue of hosting the SPV is a complicated one and there are specific obstacles and US pressure on countries that want to host the mechanism. However, the will that we have seen in this field is positive and they are looking for a solution to deploy the financial mechanism," the spokesman went on to say.

"I should tell you countries that don't want to see cooperation between Iran and EU are trying to spread rumors and bring up false analyzes and evaluations," Qassemi noted.

Elsewhere in his remarks, Qassemi stressed that Iran will not talk with any party on defense or domestic issues, saying, "Iran's policy is clear as the issues have to do with our domestic policies, and the outsiders are not allowed to enter the sphere".

Iran has repeatedly rejected West's suggestions about negotiation on missile and defensive issues, describing them as "non-negotiable affairs", he added.

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