Iran Urges IMF to Provide Loan via INSTEX, SHTA
The Governor of the Central Bank of Iran called on the IMF to make use of the EU-Iran trading mechanism ‘INSTEX’ to make the $5 billion loan.
Germany: First Transaction via INSTEX Successful
The first transactions between Europe and Iran has successfully been concluded through the Instrument in Support of Trade Exchanges (INSTEX).
Netanyahu desperate with Europeans joining INSTEX
TEHRAN (Iran News) – Israeli Prime Minister Benjamin Netanyahu has slammed Europeans for joining INSTEX mechanism aimed at maintaining trade with Iran despite US sanctions. In a video released on Sunday, Netanyahu said European countries “should be ashamed of themselves” for pursuing trade with Iran, claiming that they were enabling Tehran “to develop nuclear weapons”. […]
‘Iran’s foreign trade not determined by INSTEX’
The acting head of Iran’s Trade Promotion Organization (TPO) said Europe’s Instrument in Support of Trade Exchanges (INSTEX) is only a channel for trade with Europe and technically it is not determining the country’s foreign trade, Tasnim news agency reported on Saturday.