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Europe, Russia and China join forces with a new mechanism to dodge Iran sanctions

Europe, Russia and China join forces with a new mechanism to dodge Iran sanctions

The mech­a­nism, called a “spe­cial pur­pose vehi­cle”, would aim to “assist and reas­sure eco­nom­ic oper­a­tors pur­su­ing legit­i­mate busi­ness with Iran,” accord­ing to a joint state­ment released by the Iran­ian nuclear deal’s remain­ing mem­bers. 
Source: CNBC RSS

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