IRNA - Chairman of Iran-Switzerland Joint Chamber of Commerce Sharif Nezam-Mafi said that the financial channel has been activated between the two countries by submitting the first shipment of cancer drugs. Nezam-Mafi said that the shipment contains anti-cancer drugs and shows that the channel has become a platform and the budget dedicated to activating ...

Bourse and Bazaar | Mohammad Hashemi: It may be springtime, but the nights are still chilly in Shiraz. It is 2:30 am. The streets of Irans fifth largest city are deserted and Ali Mousavi and his team of volunteers are walking along the boulevards and back-alleys with their disinfection equipment. Shiraz has been an epicenter for cases of COVID-19 ...

Financial Tribune - The Central Bank of Iran will decide about using the payment channel devised by the Swiss government for sending humanitarian goods to Iran, head of the Iran-Switzerland Joint Chamber of Commerce said. "Using the channel carries some costs for the central bank as it should allocate resources to the channel to the extent possible,...

FNA - The Iranian foreign ministry announced on Monday that the financial channel launched by Switzerland to further develop relations with Tehran is not related to the Special Purpose Vehicle (SPV) which was due to facilitate trade between Iran and the EU. "Europe's SPV and what Switzerland has put forward are two separate issues. I think that ...

Financial Tribune - The Special Purpose Vehicle, a dedicated non-dollar payment channel created by Europe to keep trade flowing with Iran in defiance of US sanctions, is likely to be launched soon. According to co-chair of Iran-Switzerland Chamber of Commerce, Sharif Nezam-Mafi, the details on SPV's mechanism and method of operation have yet to ...