Germany says work on Iran special purpose vehicle taking time

by Reuters
Wednesday, 8 May 2019 11:45 GMT

BERLIN, May 8 (Reuters) - Work on setting up a special purpose vehicle for business with Iran is taking longer than expected, a German government spokesman said on Wednesday.

"Currently, the last steps need to be taken for this corporation to be able to operate - that includes Iran making the necessary preparations on its side," spokesman Steffen Seibert told a regular government news conference. (Reporting by Sabine Siebold Writing by Paul Carrel Editing by Madeline Chambers)

Our Standards: The Thomson Reuters Trust Principles.