INSTEX

EU’s buying time for US with promises on INSTEX: MP

TEHRAN, Jul. 01 (MNA) – The EU’s promises on the implementation of their trade mechanism for Iran, INSTEX, is an attempt to buy time for the United States, a member of Parliament’s national security commission told MNA on Monday.

Mogherini stresses more EU countries will join INSTEX

TEHRAN, Jun. 30 (MNA) – EU foreign policy chief Federica Mogherini has stressed once again that the EU trade mechanism for Iran has become operational, adding that another seven European countries will join the creators of the INSTEX.

INSTEX should be funded by Iran's oil export to EU: Hemmati

TEHRAN, Jun. 30 (MNA) – Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati said that INSTEX needs to be funded by exports of Iranian oil to European countries.

INSTEX 'a beautiful vehicle without fuel': envoy

TEHRAN, Jun. 30 (MNA) – Iran's ambassador to the United Nations noted Saturday that the EU-proposed financial mechanism, INSTEX, is ‘not enough’ and is like a beautiful vehicle without fuel.

Chairs statement;

Lifting of sanctions key part of JCPOA, parties agree

TEHRAN, Jun. 30 (MNA) – Signatories to the Iran nuclear deal agreed at a JCPOA meeting in Vienna that the lifting of US' unilateral sanctions is an essential part of the agreement.

Iranian MP:

INSTEX must cover Iran's oil sales, variety of banking transactions

TEHRAN, Jun. 29 (MNA) – A member of Iranian Parliament Mostafa Kavakebian has criticized the EU trade mechanism for Iran dubbed ‘INSTEX,’ stressing the necessity of covering Iranian oil sales a variety of banking transactions by the financial tool.

Araghchi:

INSTEX operational but Iran’s expectations not fully met

TEHRAN, Jun. 29 (MNA) – Iranian Deputy Foreign Minister Abbas Araghchi said that the EU's financial vehicle to ease trade with Iran, INSTEX, is now operational but Iran’s expectations have not been fully satisfied yet.

EU mechanism for trade with Iran now operational: statement

TEHRAN, Jun. 29 (MNA) – French, British and German officials announced in a statement on Friday that the trade mechanism with Iran aimed at circumventing US sanctions, dubbed INSTEX, has been operational.

INSTEX must meet Iran’s demands: FM spox

TEHRAN, Jun. 28 (MNA) – Iranian Foreign Ministry Spokesman Abbas Mousavi said Friday that the EU’s trade mechanism for Iran dubbed “INSTEX” must meet Iran's needs, otherwise Tehran's next steps would be more decisive.

Oil exports rising despite US sanctions, says CBI governor

TEHRAN, Jun. 26 (MNA) – Governor of the Central Bank of Iran, Abdolnaser Hemmati, said Wed. that despite sanctions and US’ efforts to undermine Iran’s oil sector, the country’s oil exports are on the rise.

Mogherini says EU’s trade mechanism for Iran “ready to be operational”

TEHRAN, Jun. 26 (MNA) – EU’s foreign policy chief Federica Mogherini said Tue. that the trade mechanism called INSTEX, aimed at facilitating trade with Iran in the face of US sanctions, is “now ready to be operational.”

Germany not able to sell vital medicines to Iran due to lack of money transfer: German MP

TEHRAN, Jun. 25 (MNA) – Calling on EU responsible for the escalation of the conflict between Iran and the US, the German Parliament Member Omid Nouripour said that German pharmaceutical companies cannot sell life-saving medicines to Iran because money transfers are blocked to settle payments.

Iran downed US drone with completely indigenous missile system: Zarif

TEHRAN, Jun. 24 (MNA) – Iranian Foreign Minister Mohammad Javad Zarif said on Monday that Khordad 3 surface-to-air missile system which shot down US Navy RQ-4A global Hawk drone last Thursday is completely indigenous.

Trump may sanction Iranian STFI: informed source

TEHRAN, Jun. 24 (MNA) – While Trump and his aides haven’t elaborated on what additional sanctions would look like a person familiar with Treasury discussions said that the US President may wish to sanction Iran’s Special Trade and Finance Instrument (STFI).

No one in Tehran, West Asia wants war: German FM

TEHRAN, Jun. 24 (MNA) – German Foreign Minister Heiko Mass referred to his recent visits to the region and Iran admitting that no one is a fan of war there.

CBI governor:

INSTEX not to work miracles, Europeans should purchase Iranian oil

TEHRAN, Jun. 23 (MNA) – “I do believe that INSTEX will not work miracles; monetary transactions should be done via it and for that Europeans should purchase our oil or open credit lines for Iran,” the Governor of the Central Bank of Iran (CBI) Abdolanser Hemmati said in a televised interview last night.

Iran ‘serious’ about reducing JCPOA commitments: Kharrazi

TEHRAN, Jun. 23 (MNA) – Head of Iran’s Foreign Policy Strategic Council Kamal Kharrazi said that Tehran is ‘serious’ about reducing its commitments to the nuclear deal if European countries fail to adopt necessary ‘practical’ measures by the 60-day deadline.

Russia will help Iran with oil if EU's payment channel not launched: Ryabkov

TEHRAN, Jun. 21 (MNA) – The Russian Deputy Foreign Minister Sergei Ryabkov has said that his country will help Iran with its oil sales if the EU trade mechanism is not launched.

CBI calls on Europe to buy Iran’s oil or create financial line

TEHRAN, Jun. 19 (MNA) – The Governor of the Central Bank of Iran has called on Europeans to purchase Iranian oil or establish a financial line with Iran.

British paper claims Iran, EU agreed last week to take measures against US sanctions

TEHRAN, Jun. 17 (MNA) – The British Guardian newspaper has claimed that the EU last week agreed an unpublished timetable of its own with Iran to help ease trade between Tehran and European nations.

If I were Iran, I would pull out of JCPOA: Mogherini’s adviser

TEHRAN, Jun. 17 (MNA) – Commenting on the US withdrawal from the JCPOA Nathalie Tocci, special adviser to the EU’s foreign policy chief, Federica Mogherini says if she were Iran she would want to pull out of the deal.

EU trade mechanism for Iran still on paper, Larijani says

TEHRAN, Jun. 15 (MNA) – The Speaker of the Iranian Parliament Ali Larijani has criticized the French government’s lack of action in preserving the JCPOA, saying the EU trade mechanism for Iran dubbed ‘INSTEX’ is still on paper.

Araghchi, Schmid hold talks on JCPOA in Tehran

TEHRAN, Jun. 15 (MNA) – Iranian Deputy Foreign Minister Abbas Araghchi met and held talks with Secretary General of European External Action Service Helga Schmid on Saturday morning in Tehran.

Larijani stresses EU trade channel for Iran must include oil sales

TEHRAN, Jun. 12 (MNA) – The Speaker of the Iranian Parliament Ali Larijani says that the EU financial mechanism to help Iran skirt US sanctions dubbed ‘INSTEX’ must cover Iran’s oil exports, warning the Europeans that if they do not take actions with regard to their promises “the situation will be different after one remaining month.”

Hope first INSTEX financial transaction to be implemented soon: German FM

TEHRAN, Jun. 11 (MNA) – After returning from his trip to Iran, the German Foreign Minister expressed hope that the first transaction of Instrument for Supporting Trade Exchanges (INSTEX) will be implemented in the coming weeks.

Iran has lost hope in long-awaited INSTEX: FM spox

TEHRAN, Jun. 10 (MNA) – Iran’s Foreign Ministry Spokesman says Tehran has lost any hope of seeing the EU's long-awaited trade mechanism (INSTEX) for Iran in action.