• Wed / 29 July 2020 / 12:42
  • Category: Politics
  • News Code: 99050805890
  • Journalist : 99999

US authorities give necessary assurances for operation of SHTA humanitarian channel

US authorities give necessary assurances for operation of SHTA humanitarian channel

Tehran (ISNA) – The first Iran and Switzerland deal via humanitarian channel went through. For discussing SHTA and further details, we'd asked Nadine Mathys for a commentary.

Nadine Mathys is media spokesperson in Switzerland's State Secretariat for Economic Affairs SECO.

Asking about the details of this transaction, Mathys said, “We would like to inform you that the first transaction by a Swiss pharmaceutical company has been completed within the Swiss Humanitarian Trade Arrangement (SHTA). The shipment was for a cancer drug used to treat iron overload caused by repeated blood transfusions”.

"Furthermore, we would like to emphasize that the operationalization of the SHTA is progressing and that a number of companies have already been approved, more companies will follow. Further transactions should be carried out shortly," SECO spokesperson said, adding that, "In addition, the SHTA needs regular transfers of Iranian funds from abroad for its functioning. The relevant authorities in the USA have given assurances within the SHTA that they will support such transfers. We are in talks with the USA and other partners on this matter. However, we cannot provide information on individual transfers."

Is it possible for other countries to use this channel too?

According to Mathys, only companies based in Switzerland (headquarters or a subsidiary) that supply agricultural commodities, food, medicines or medical devices to Iran can take part in the SHTA.

"Participation is voluntary and depends on the willingness of the company to share the necessary information with SECO. SECO decides which companies may participate in the SHTA."

Mathys said, “There are no plans to extend the SHTA to companies from third countries with no connection to Switzerland. SECO has no legal means to enforce obligations towards foreign companies resulting from participation in the SHTA”.

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