EU has difficulty finding host for Iran trade mechanism: Zarif

Foreign Minister Zarif said Iran cannot continue with JCPOA without receiving its economic benefits, adding that EU is having some difficulty with finding a country to host a special mechanism to trade with Iran in face of US sanctions. Speaking to ICANA on Tue. about the latest developments regarding the EU’s promised special purpose vehicle (SPV) designed for facilitating trade with Iran in the face of US sanctions, Foreign Minister Mohammad Javad Zarif said the Europeans have some difficulty with finding a country to host the trade mechanism.