Payment mechanism for humanitarian supplies to Iran in effect
Bern, 27.2.2020 - The Swiss Humanitarian Trade Arrangement (SHTA), a payment mechanism to enable humanitarian goods to be delivered to Iran, came into effect on 27 February. The SHTA was developed by Switzerland in close cooperation with the relevant authorities in the USA and in Iran, as well as with selected Swiss banks and companies. The SHTA is available to Swiss firms in the food, pharmaceutical and medical sectors.