First Swiss Deal with Iran via Humanitarian Channel has Gone through: Swiss Government

July 27, 2020

Author: 

Michael Shields

Publication: 

Reuters

Related Country: 

  • Switzerland

The Swiss Humanitarian Trade Agreement (SHTA) completed its first transaction on behalf of a Swiss pharmaceutical company, sending a cancer drug to Iran. The company and value of the shipment was not disclosed by the Swiss government. The channel is intended to send humanitarian aid such as food and medicine to Iran without violating U.S. economic sanctions.