German minister upbeat on Iran trade vehicle before Rouhani talks
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All the formal requirements for a European payment system for barter-based trade with Iran designed to circumvent U.S. sanctions are now in place and it should be operational soon, German Foreign Minister Heiko Maas said in Tehran on Monday.
Maas is in Iran to meet President Hassan Rouhani and his Iranian counterpart, Mohammad Javad Zarif, as part of a European effort to salvage Iran's nuclear pact with world powers and defuse rising U.S.-Iranian tension.