What’s in Instex, the announced “SPV”?

February 4, 2019

The Ministers of Foreign Affairs of France, Germany and United Kingdom have announced the incorporation of the Special Purpose Vehicle “SPV”, the entity intended for channeling the payment flows between EU/Iran – through a barter like mechanism – with the purpose of saving the related import/export operations from the application of U.S. secondary sanctions. Continue reading What’s in Instex, the announced “SPV”?