Iran says special channel for trade with Europe almost set up

Iranian officials have announced that a special channel to conduct trade with European countries has been established and will be implemented soon in order to facilitate trade while bypassing US sanctions and keeping the Iran nuclear deal alive.

Ali Akbar Salehi, head of Iran’s Atomic Energy Organization and one of the top nuclear negotiators of the 2015 Joint Comprehensive Plan of Action (JCPOA) said Dec. 6 at the sidelines of a conference in Iran, “For some time, the Europeans have been committed to helping Iran compensate for the damages it has incurred as a result of the JCPOA and to create a mechanism so that Iran can benefit from the economic conditions of the JCPOA.”