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FinancialNews


  • 01-02-20

    SHTA to provide agricultural commodities, medicines for Iran

    (MENAFN) The Swiss Humanitarian Trade Arrangement (SHTA) to offer agricultural supplies and medicines for Iran is "insufficient", according to the governor of Iran's central bank.


    The Swiss Embassy in Tehran, which serves as the U.S. representative, stated on January 27 that, the payment system, SHTA would be applied shortly to "enable humanitarian goods to be delivered to Iran."


    As said by Abdul Nasser Hemmati, upon the latest request of the Swiss embassy, the Swiss firms sent items to Iran pharmaceutical that value USD2.5 million, while the payment is made through obtainable resources of Iran's central bank with a Swiss bank.


    "The completion of the first transactions under a new program meant to allow humanitarian trade to Iran, while leaving in place broader sanctions on the country's economy," the U.S. government said.

    MENAFN0102202000450000ID1099635971

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