Europe, Russia and China join forces with a new mechanism to dodge Iran sanctions

September 25, 2018

Dechert Senior Director, Roger Matthews, speaks to CNBC following the announcement by the EU's foreign policy chief of a new mechanism to foster trade with Iran.  Mr. Matthews warns that EU entities using the special purpose vehicle (SPV) may still be affected by U.S. secondary sanctions on Iran. 

Mr. Matthews has extensive international and EU sanctions experience, and currently advises a range of large multinational companies on both ensuring sanctions compliance and on specific strategic and contentious issues.

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