If the EU gives its special purpose vehicle for Iran trade a humanitarian focus, the Trump administration won’t be able to stop it without trampling longstanding US exemptions.
In the face of US sanctions, exemptions for humanitarian trade in Iran are proving insufficient. In a new policy brief, authors argue for the creation of a new humanitarian special purpose vehicle (H-SPV) to avoid any crises.
ELN Policy Fellow Axel Hellman and Founder of Bourse & Bazaar, Esfandyar Batmanghelidj’s report on a new banking architecture quoted in BBC Persia (Farsi)
As the future of the Iran nuclear deal looks increasingly uncertain, European leaders must take measures to protect economic and political relations with Iran. Axel Hellman and Dr Bijan Khajehpour argue that European SMEs can play a significant role in maintaining trade between Europe and Iran.
With the international nuclear agreement with Iran in peril following the U.S. withdrawal from it, Esfandyar Batmanghelidj and Axel Hellman present a vision of a new banking architecture that could be at the heart of a European package to protect Europe-Iran economic ties and help sustain the deal in spite of U.S. sanctions.
ELN Policy Fellow Axel Hellman and co-author Edoardo Saravalle argue that the U.S. withdrawal from the Iran deal will hurt U.S. credibility and reduce the future effectiveness of U.S. sanctions.