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Russia to continue trade with Iran regardless of U.S. sanctions

Russian Permanent Representative to the European Union Vladimir Chizhov has said that Russia will ignore the U.S. sanctions against Iran and will continue trade with the country without creating any special mechanisms.

EU mechanism for settlements with Iran failing to gain momentum: Russia's EU envoy

(TASS) - The Instrument in Support of Trade Exchanges (INSTEX), a European Union’s mechanism for financial settlements with Iran, is failing to gain momentum, Russia’s Permanent Representative to the European Union Vladimir Chizhov told TASS on Friday.