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Tag: China

Luxembourg Facilitate Iran Trade

The European Union reportedly picked Luxembourg to host the so-called Special Purpose Vehicle (SPV) which the bloc has designed to conduct banking transactions with Iran after the US withdrew from the 2015 Iran nuclear deal and restored sanctions against the Islamic Republic.

EU diplomats were quoted as saying on Wednesday that the European parties to the nuclear deal Germany, France and Britain – would soon raise pressure on Luxembourg to the same effect. ادامه نوشته