Iran says can't wait for SPV mechanism with EU forever November 30, 2018 - 17:03 AMT PanARMENIAN.Net - Iran cannot wait for the EU's promised SPV (Special Purpose Vehicle for trade) mechanism forever, the Islamic Republic's Deputy Foreign Minister said, according to IRNA. Despite the U.S. pressures, the European Union continues efforts to provide a financial mechanism for trade with Iran, Iranian Deputy Foreign Minister for Political Affairs Abbas Araqchi said. He made the remarks in an exclusive interview with the Islamic Republic News Agency (IRNA) on Friday. Araqchi noted that the EU needs more time to provide the SPV mechanism but underlined that Iran cannot wait forever. Iran continues talks with Russia, China and the European countries to save the nuclear deal, he added. Araqchi said that Iran will be bound to the agreement only if its interests are guaranteed. Speaking about the aims of his trip to Algiers, the deputy foreign minister said that he is there to attend the seventh round of political talks between Iran and Algeria. He described his talks with the Algerian officials as constructive and called for promotion of all-out ties between Tehran and Algiers.  Top stories Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". The earthquake caused a temporary blackout, damaged many buildings and closed a number of rural roads.   Partner news |  Latest news Cyprus parliament honors Armenian genocide victims  Acting House President Zacharias Koulias noted that April 24 marks the “black anniversary” of the Armenian genocide.Armenia PM, France envoy discuss regional matters Issues related to the consistent development of Armenia-France cooperation were discussed.Azerbaijan razes historic Armenian church to ground Azerbaijan has demolished the historic Armenian Church of St. John the Baptist (known as Kanach Zham).Russia to begin assessing migrant workers' speaking skills Rosobrnadzor is planning to change the Russian language exam for migrant workers and include an assessment of speaking skills |
