"This mechanism will be launched in November 2018," Mehdi Sanaei told Russia’s Izvestia newspaper in an interview published Tuesday.
"Iran is a responsible member of the international community. The reports by the IAEA – there are more than 12 – prove that Iran complies with its obligations. So the EU is working on a financial-economic plan for trade cooperation with Iran," the diplomat said.
EU's plan was announced in September by its foreign policy chief Federica Mogherini after a meeting of Chinese, French, German, Russian and UK foreign ministers. The new payment system will comply with international standards and will be open other partners in the world.