Swiss Humanitarian Trade Agreement (Shta)

The Joint Comprehensive Action Plan – JCPOA, an agreement signed in 2015 by seven parties, including the United States, was to clean up economic sanctions against Iran in exchange for a reduction in Iran`s nuclear capabilities. Sanctions facilitation included access to humanitarian products such as basic agricultural products, food, medical care and pharmaceuticals. The provisions of this product have not been sanctioned under certain conditions since the JCPOA came into force. Washington announced on 27 February that SHTA was “fully operational”, but Iran`s private news agency Tasnim (pro-regime) published an article on 9 May entitled “Iran receives nothing from the Swiss humanitarian channel”. “The moribund state of the chain contrasts with the fanfare with which the Trump regime announced it” and that “conscious observers say that the way the channel is structured represents a considerable burden for companies that want to sell iranhumanitarianhumanitarian supplies supplies.” ZURICH (Reuters) – A Swiss pharmaceutical company has completed the first transaction under a new humanitarian trading channel with Iran, according to a statement from the Government of Bern on Monday. Food, medicine and other humanitarian supplies are exempt from sanctions imposed by Washington on Tehran after President Donald Trump rene into an international agreement on Iran`s nuclear program in 2015. Bern, 30.01.2020 – The Swiss Humanitarian Trade Agreement (SHTA), a payment mechanism for delivering humanitarian goods to Iran, is about to be implemented. On 27 January, an initial payment was approved for the supply of medicines to Iran in the form of a trial. These de facto trade barriers were further strengthened in May 2018, when the United States withdrew from the JCPOA and reinstated some secondary sanctions for non-U.S. companies that trade in U.S. goods, dollars or other U.S. contact points.

Although humanitarian goods are still excluded from the new sanctions, the banks have since withdrawn completely from any transaction with Iran. “Since the United States withdrew from the Iran nuclear agreement in May 2018 and reinstated unilateral sanctions, it has become increasingly difficult for Swiss exporters to deliver humanitarian products to Iran, although these deliveries are not in principle subject to U.S. sanctions,” the Economy Ministry said in a February 27 press release. “Due to the legal risks associated with U.S. sanctions, few financial institutions were willing to make payments related to Iran. The few remaining payment channels were expensive, complex and unreliable. “Unfortunately, there have been delays due to Covid-19,” he said in an email sent to swissinfo.ch on July 13. “Interested companies, particularly in the pharmaceutical sector, found themselves facing other priorities overnight. However, we would also like to point out that a number of companies have already been authorized and that the first transactions are expected to be made shortly. TEHRAN – The Iranian Red Crescent Society (IRCS) and the Austrian Red Cross will soon sign a new Memorandum of Understanding to improve cooperation in humanitarian trade.

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