Iran FM, top EU diplomat discuss JCPOA, de-escalation in Persian Gulf

Young journalists club

News ID: 45062
Iran » Iran
Publish Date: 20:30 - 03 February 2020
Tehran 3 February _European Union foreign policy chief, Josep Borrell, and Iranian Foreign Minister Mohammad Javad Zarif have discussed latest developments surrounding a landmark 2015 nuclear deal between Tehran and major world powers as well as ways to de-escalate tensions in the Persian Gulf.

Iran FM, top EU diplomat discuss JCPOA, de-escalation in Persian GulfTEHRAN, Young Journalists Club(YJC)_Borrell, who is in Tehran on his first trip since taking office, met with the Iranian foreign minister on Monday amid tensions between Iran and the United States, which started after the US' unilateral withdrawal from the nuclear deal, officially known as the Joint Comprehensive Plan of Action (JCPOA).

The two top diplomats also exchanged views about the implementation of a non-dollar direct payment channel -- officially called the Instrument in Support of Trade Exchanges (INSTEX) -- aimed at facilitating trade with Iran in the face of US sanctions.

The three European signatories to the JCPOA unveiled late in January 2019 the long-awaited direct non-dollar payment mechanism meant to safeguard their trade ties with Tehran following the US withdrawal from the nuclear deal and in the face of the "toughest ever" sanctions imposed by the United States against the Islamic Republic.

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