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Deeq A.

Europe Circumvents U.S. Sanctions On Iran

By Deeq A., in News - Wararka

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Deeq A.   
Deeq A.
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Europe has found a way of circumventing U.S. sanctions on Iran. The governments of France, Germany and the United Kingdom have developed a special purpose vehicle (SPV) to enable European businesses to maintain non-dollar trade with Iran without breaking U.S. sanctions. That SPV, known as INSTEX, is now up and running.

Source: Hiiraan Online

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