Governor of the Central Bank of Iran (CBI) announced on October 27th, that a new financial channel is soon to be opened between Iran and the EU nations
The official announced on social media that European special purpose vehicle for trade between Iran and the EU were discussed at a meeting in Brussels last week which is in fact some sort of bilateral monetary treaty between the two sides pursuing to help Iranian and European companies to establish and maintain relations with each other that parties have been in talk about for months which would enable European companies to trade with Iran as a part of efforts to defy U.S. sanctions