TEHRAN, Feb 23 - Kaveh Afrasiabi, author and political scientist from Boston, termed European powers' new mechanism to ease trade with Iran as a “heroic political effort” that would institutionalize the 28-member bloc’s rift with Washington.
TEHRAN, Feb 23 - The Central Bank of Iran (CBI) announced that it will soon name a company in the country for facilitating cooperation with the European Union based on its financial mechanism for trade with Iran known as the Instrument in Support of Trade Exchanges (INSTEX).
TEHRAN, Feb 19 - An independent political and economic researcher from Los Angeles described a long-awaited mechanism to safeguard European trade ties with Tehran called INSTEX as another “Trojan Horse tool” to infiltrate into Iran’s banking, defense and energy sectors.
TEHRAN, Feb 18 - Iranian Foreign Ministry Spokesman Bahram Qassemi took a swipe at the European Union for its delay in implementing the financial mechanism for trade with the Islamic Republic known as the Instrument in Support of Trade Exchanges (INSTEX).
TEHRAN, Feb 05 -The European Union hailed the creation of a new trading system with Iran called INSTEX (Instrument in Support of Trade Exchanges), voicing “continued support” for the 2015 nuclear deal between Tehran and world powers.
TEHRAN, Feb 05 - Iran’s ambassador to the UK compiled a list of the commodities that Iran and Europe will be able to trade in under a payment channel that three EU states have set up to maintain trade with Iran.