INSTEX

The CEO of a newly registered Iranian reciprocal company for trade with Europe says the company is ready to launch its first trade with Europe, according to a notice on the Central Bank of Iran…

A mirror Iranian company has been founded to partner with the European trade mechanism, known as Instrument in Support of Trade Exchanges (INSTEX).  The Special Trade and Finance Institute…

In response to the US decision to eliminate waivers on Iran oil sanctions, the French Ministry of Europe and Foreign Affairs announced in a notice that despite the move, the European finical…

The governor of the Central Bank of Iran discussed bilateral banking and monetary cooperation with senior Swiss and Turkish diplomats on Thursday.   In the meeting with Abdolnasser…

Europe has no excuse for delaying the operationalization of its special payment channel, as Iran has now established the corresponding entity, Iran's top diplomat said. 

Iran’s trade with the European Union through the special purpose vehicle, which is aimed at bypassing American sanctions, should not be restricted to the three founders of the mechanism and must…

Governor of the Central Bank of Iran said the corresponding entity to the Special Purpose Vehicle known as INSTEX created by the European Union to enable non-dollar trade with Iran will be…

The recent measures taken by European countries for activating their special purpose vehicle to bypass American sanctions on Tehran are positive for a start, but more practical steps are…

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…

A trade official from London has travelled to Tehran to test the waters for expanding relations. Simon Penney was appointed last year as the UK trade commissioner for the Middle East,…

An Italian Foreign Ministry official says his country is reviewing details about the newly developed financial mechanism known as INSTEX and is considering joining it.  

Iran and world powers discussed the latest steps in ongoing efforts to offset the impact of US withdrawal from the 2015 Iran nuclear deal during a meeting in Vienna on Wednesday, which also…

Officials from Iran and the five remaining parties to the 2015 nuclear deal are set to come together in Vienna on Wednesday to hold the first meeting of the Joint Commission since the…

Europe’s financial mechanism to facilitate non-dollar trade with Iran amid American sanctions has not envisioned a system for ensuring Iran’s oil export, the lifeblood of its economy, which is “…

A number of countries are holding negotiations with Europe to use their newly-registered special financial mechanism to continue their non-dollar trade with Iran. Bahram Qasemi, the ministry’s…

The EU has set no preconditions on implementing the Special Purpose Vehicle that the EU has set up for Iran known as INSTEX, the UK ambassador in Iran said.