Iranian, INSTEX officials meet on U.S. sanctions

March 12, 2019

TEHRAN – Meetings have been kicked off in Tehran between Iranian experts and senior directors of the Instrument for Supporting Trade Exchanges (INSTEX), a new transaction channel that will allow companies to continue trading with Iran despite U.S. sanctions. 

IRNA reported on Tuesday that representatives of related governmental bodies, including the central bank and several ministries, have attended the meetings.

In the meetings, the Iranian side’s expectations of INSTEX are outlined in detail and the parties hold technical and expert discussions on possible solutions to the problems caused by U.S. sanctions against Tehran, it added.

MH/PA