INSTEX

Moscow says disappointed by E3 decision to terminate INSTEX

TEHRAN, Mar. 15 (MNA) – Moscow is disappointed by the decision of France, Germany and the UK to terminate the Instrument in Support of Trade Exchanges (INSTEX) with Iran, Russian Foreign Ministry spokeswoman Maria Zakharova said on Wednesday.

Iran FM spox:

European states failed to launch INSTEX mechanism

TEHRAN, Mar. 10 (MNA) – Iranian Foreign Ministry Spokesperson on Friday reacted to the decision of the European countries to shut down the INSTEX system, which they had launched in the midst of US sanctions to facilitate trade with Iran.

Europe must use INSTEX to revive foreign trade with Iran

TEHRAN, Mar. 06 (MNA) – Chairman of the Board of Directors at the Federal Association for Economy (BWA) called on Germany, France, and other participating EU member states to revive trade with the Islamic Republic of Iran using INSTEX facilities.

EU’s lack of courage, main cause behind INSTEX failure: CBI

TEHRAN, Jan. 18 (MNA) – Central Bank of Iran (CBI) in a reaction to Germany’s claim on EU trade system with Iran dubbed ‘INSTEX' said that lack of courage of Europeans is the main cause behind failure of this financial channel.

Iran opted for JCPOA-free economy: Araghchi

TEHRAN, Jan. 05 (MNA) – A senior Iranian diplomat urged Western countries to stop the delusion that they can set conditions for the lifting of sanctions as Iran has opted for a JCPOA-free economy.

INSTEX must prove its efficiency after two years: UN envoy

TEHRAN, Dec. 20 (MNA) – Stating that Washington is the gross violator of the nuclear agreement, an Iranian top diplomat said that Iran should enjoy the economic benefits of the JCPOA and INSTEX must prove its efficiency after two years.

E3 claims it has facilitated trade with Iran

TEHRAN, Sep. 16 (MNA) – France, Germany, and the United Kingdom claimed that they have gone beyond their own commitments to facilitate legitimate trade with Iran.

'Tehran, Moscow used to US sanctions, aimed at boosting ties'

TEHRAN, Jul. 13 (MNA) – Russian Ambassador to Iran Levan Jagarian said Russia and Iran have gotten used to the US sanctions and are ready to deepen mutual economic cooperation.

Iran uses DRM in JCPOA for 1st time: FM Zarif

TEHRAN, Jul. 06 (MNA) – Iranian Foreign Minister Mohammad Javad Zarif said that Islamic Republic of Iran used Dispute Resolution Mechanism (DRM) for the first time.

UN Secretary-General urges countries to boost economic coop. with Iran

TEHRAN, Jun. 30 (MNA) – In the latest report on the implementation of Security Council Resolution 2231, the UN Secretary-General Antonio Guterres urged other countries to boost economic cooperation with the Islamic Republic of Iran.

Transactions in trade channel 'INSTEX' not convincing for Iran: Deputy FM

TEHRAN, May 15 (MNA) – Iranian Deputy Foreign Minister for the Economic Diplomacy Affairs said Gholamreza Ansari said on Fri. that trade transactions through EU trade mechanism with Iran dubbed 'INSTEX' is not convincing for the Islamic Republic of Iran at the present condition.

CBI governor warns of any politicized decision by IMF on Iran's loan

TEHRAN, Apr. 22 (MNA) – If impartiality of the International Monetary Fund (IMF) is damaged, mending it will be very difficult, said Abdolnaser Hemmati on Wednesday.

Range of INSTEX should be beyond borders of EU: Ulyanov

TEHRAN, Apr. 07 (MNA) – Criticizing the continuation of sanctions against Iran amid the coronavirus crisis, Russia's Permanent Representative to International Organizations in Vienna Mikhail Ulyanov called on more countries to participate in the implementation of INSTEX.

France, EU ready to continue coop. with Iran in COVID-19 battle

TEHRAN, Apr. 07 (MNA) – France has expressed the EU's willingness to continue humanitarian cooperation with Iran in the battle against the coronavirus pandemic, according to Elysee Palace.

Initial steps taken by EU in launching “INSTEX” are ‘insufficient’: Pres. Rouhani

TEHRAN, Apr. 06 (MNA) – Iranian President Hassan Rouhani said that preliminary and initial steps taken by EU in the field of launching financial channels dubbed “INSTEX” are positive but ‘insufficient’.

US’ bullying behavior better revealed during outbreak: spokesman

TEHRAN, Apr. 06 (MNA) – The Iranian government spokesman said that Washington has shown more of its bullying behavior during the COVID-19 pandemic.

INSTEX registers its 1st transaction

TEHRAN, Mar. 31 (MNA) – European mechanism, known as the Instrument in Support of Trade Exchange (INSTEX), eventually concluded its first transaction, facilitating the export of medical goods to Iran.

No transaction conducted via INSTEX yet: Iran envoy

TEHRAN, Mar. 04 (MNA) – Iran's Ambassador to Russia Kazem Jalali criticized the lack of commitment of the European parties to the 2015 nuclear deal, saying that no transaction has been conducted yet via their proposed trade mechanism with Iran (aka INSTEX).

Russia will not let UNSC become toy in hands of US: Ryabkov

TEHRAN, Feb. 27 (MNA) – Moscow is against the return of UN Security Council sanctions on Iran and will not let the US use the international body as a toy, said Russian Deputy Foreign Minister Sergey Ryabkov.

FM Zarif, Dutch counterpart discuss regional developments

TEHRAN, Feb. 22 (MNA) – Iranian Foreign Minister Mohammad Javad Zarif hold meeting with his Dutch counterpart Stef Blok on Saturday in Tehran.

Zarif, Borrell discuss regional issues

TEHRAN, Feb. 03 (MNA) – Iranian Foreign Minister Mohammad Javad Zarif held a meeting with EU’s Foreign Policy Chief Josep Borrell in Tehran.

1st deal via INSTEX reportedly to be done soon

TEHRAN, Jan. 31 (MNA) – Instrument Support of Trade Exchanges (INSTEX) circles are optimistic that its first deal is expected shortly, reports say.

Visiting Iran regularly, INSTEX chief to arrive on Jan. 12

TEHRAN, Dec. 17 (MNA) – German president of INSTEX, Michael Bock, who pays regular visits to Iran, will arrive in Tehran on January 12, head of Iran-Germany chamber of commerce Abbasali Ghazi announced on Tuesday.

INSTEX likely to be implemented in future: Zarif

TEHRAN, Dec. 09 (MNA) – Iranian foreign minister Mohammad Javad Zarif said Monday that the possibility exists for the implementation of INSTEX – an EU financial mechanism meant to circumvent US sanctions on Tehran – in the future.