INSTEX (Instrument in Support of Trade Exchanges)

Total:12

  • INSTEX 2019-07-13 23:58

    ‘Iran’s foreign trade not determined by INSTEX’

    TEHRAN – 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.

  • INSTEX 2019-07-07 20:59

    Iran’s INSTEX mirror company moving into trial phase

    TEHRAN – The managing director of Iran’s Special Trade and Finance Instrument for trade with Europe (STFI), called SATMA in Persian, said the company is moving into the trial phase and is ready to operate in coordination with INSTEX.

  • Iran-INSTEX 2019-07-07 20:58

    BY: Ebrahim Fallahi

    EU may be a sweet-talker, but it’s full of empty promises

    It was more than a year ago when U.S. President Donald Trump formally pulled the United States out of the nuclear deal that was struck between Iran and world powers in July 2015.

  • Zanganeh 2019-07-03 19:44

    Without oil deal Instex will not work, Zanganeh says

    TEHRAN – Iranian Oil Minister Bijan Namdar Zanganeh said the European Union mechanism for trade with Iran, known as INSTEX, is not going to be useful without including oil sales.

  • OPEC 2019-07-01 19:38

    BY: Ebrahim Fallahi

    INSTEX, OPEC meeting and oil market

    TEHRAN – In the past few days, oil traders around the world have been eyeing three major events closely in order to catch a glance at the direction in which the oil prices would be heading.

  • INSTEX 2019-06-07 20:29

    Netherlands plans to join INSTEX

    TEHRAN- The Dutch government announced that it plans to join the financial mechanism of Instrument in Support of Trade Exchanges (INSTEX) to do business with the Islamic Republic of Iran, IRNA reported on Friday.

  • Afrouz Bahrami 2019-05-27 20:23

    ‘EGFI to sign co-op MOUs with foreign partners soon’

    TEHRAN – Head of Export Guarantee Fund of Iran (EGFI) said EGFI is due to sign memorandums of understanding (MOU) for cooperation with some foreign partners in near future, IRIB reported on Sunday.

  • Hemmati 2019-05-14 22:06

    CBI admonishes EU for being all words on INSTEX

    TEHRAN – The Governor of the Central Bank of Iran (CBI) criticized the European parties of the Iran nuclear deal for repeating ‘threadbare’ remarks over their promised trade mechanism for Iran (INSTEX) and failing in realizing their promises.

  • Iran-Britain 2019-04-30 20:20

    INSTEX chief briefs British businesses on mechanism progress

    TEHRAN - President of Europe's special purpose mechanism for trade with Iran, known as Instrument for Support of Trade Exchanges (INSTEX), discussed the progress of the mechanism in a meeting with British officials, manufactures and heads of businesses in London, IRNA reported.

  • Hemmati 2019-03-16 20:58

    Iran’s mechanism for INSTEX to be set up soon: CBI governor

    TEHRAN- The Iranian mechanism which is in consistence with INSTEX (the special purpose vehicle to facilitate trade between the EU and Iran to get around U.S. sanctions) will be set up in Tehran soon, Central Bank of Iran (CBI) Governor Abdolnaser Hemmati said on Friday night.

  • MP advises Europe against linking FATF to INSTEX 2019-02-02 20:33

    MP advises Europe against linking FATF to INSTEX

    TEHRAN – Chairman of the Majlis National Security and Foreign Policy Committee has advised Europe against linking the FATF and similar issues to INSTEX, a new transaction channel that will allow European companies to continue trading with Iran despite U.S. sanctions.

  • From left, French Foreign Minister Jean-Yves Le Drian, UK Foreign Secretary Jeremy Hunt, and German Foreign Minister Heiko Maas launch the long-awaited special vehicle for Iran trade in Bucharest, Romania, on Jan. 31. (Daniel Mihailescu/AFP/Getty Images) 2019-02-01 22:13

    BY Haniyeh Sadat Jafariyeh

    SPV: A European mechanism to struggle U.S., gain economic autonomy

    In their joint statement on that last day of January, French Foreign Minister Jean-Yves Le Drian, German Foreign Minister Heiko Maas, and British Foreign Secretary Jeremy Hunt introduced the SPV (a special purpose vehicle) also called INSTEX (Instrument in Support of Trade Exchanges), the financial mechanism which enables Iran to keep doing business with the rest of the world despite the draconian financial sanctions imposed by the Trump administration.