Business And Markets

Per Fischer in Tehran: Talks on Ways to Enforce INSTEX

Per Fischer in Tehran Talks on Ways to Enforce INSTEXPer Fischer in Tehran Talks on Ways to Enforce INSTEX

President of Europe's Special Purpose Vehicle known as INSTEX, Per Fischer, is in Tehran to attend talks between Iranian authorities and representatives from France, Germany, Britain, and the European Union on how to best implement the payment channel.  
A meeting was held between delegations from the Foreign Ministry and relevant bodies and the EU economic and political delegations.
In a talk with Financial Tribune last week, the UK trade commissioner to Middle East, Afghanistan and Pakistan Simon Penney had said the focus of the technical team comprising E3 and EU officials will be on creating a counterparty mirror entity in Iran. 


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