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Zarif hails six European states' decision to join INSTEX
Iranian Foreign Minister Mohammad Javad Zarif described as positive a recent decision by six European countries to join a trade mechanism designed to circumvent US sanctions against Iran, according to IRNA.
Iran eyes further operationalization of INSTEX: Official
Six more European countries join INSTEX
Six more European countries join INSTEX
Finland, Belgium, Denmark, Netherlands, Norway, and Sweden will join the INSTEX mechanism for trade with Iran, the six countries declared in a joint statement on Friday ahead of further talks between parties to the Iran nuclear deal in Vienna next week.
Iran official dubs Europe’s sanction-evading trade tool ‘ineffective’
Iranian Deputy Foreign Minister Abbas Araqchi said a European financial mechanism to facilitate trade with Iran has not been effective so far, describing it as a “weak system”.
Eight European states join INSTEX mechanism, says Russian envoy
Eight European countries have joined INSTEX, the mechanism of financial settlements with Iran aimed at facilitating trade with Iran bypassing US restrictions, Russia’s permanent representative to international organizations in Vienna Mikhail Ulyanov wrote on his Twitter account on Friday.
Mogherini’s aide: Eight more countries decide to join INSTEX
Nathalie Tocci, special adviser to the European Union foreign policy chief, said on Monday that eight more countries have decided to join a mechanism proposed by the European bloc to facilitate trade with Iran.
CBI governor: Europe should support INSTEX
Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati said that the Europeans should show their seriousness about implementation of the instrument in support of trade exchanges (INSTEX) by ordering Iran's crude.
EU: Non-EU states to join Iran trade system
China defends Iran trade, slams US unilateral sanctions
INSTEX: Will it work?
As the United States continues rallying the world to uphold brutal international sanctions against the Islamic Republic in violation of the 2015 Iran nuclear deal, or JCPOA, Europe is struggling to convince Iran to remain in the agreement through INSTEX (Instrument in Support of Trade Exchanges).
MP: INSTEX should guarantee financial transactions for Iran’s crude sales
The Europe-proposed instrument in support of trade exchange (INSTEX) should provide a comprehensive channel for financial transactions with the European states to wire back Iran’s crude revenues, an Iranian legislator said on Tuesday.
Europe to announce first credit line for Instex: WSJ
A new report in the Wall Street Journal has suggested that the three European parties to a landmark nuclear deal with Iran are to announce their first practical effort to save a special mechanism for trade with the country amid growing economic sanctions imposed by the United States on Tehran.

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