INSTEX

A new EU helpdesk for European SMEs and the slow progress of INSTEX were among a wide range of topics discussed at the Europe-Iran Business Forum on 1-3 March.  Ambrosetti Middle East and…

The Central Bank of Iran blamed European governments’ party to the landmark 2015 Iran nuclear deal for the failure of the EU trade mechanism known as the Instrument in Support of Trade Exchange…

Tehran is not satisfied with the snail’s pace of transactions via the oft-publicized Iran-EU trade channel, said Gholamreza Ansari, deputy foreign minister for economic affairs. 

The eventual operationalization of the European financial channel is welcomed by Iran, but does not meet the country’s expectations, a top diplomat said.  “We take the operation of INSTEX…

The first transaction conducted under the European trade mechanism to bypass American sanctions is so small that its effect on Iranian economy is insignificant, a lawmaker said. "The meager…

European companies exported medical supplies to Iran as part of a mechanism set up to circumvent US sanctions. The two sides have struggled over the past year to establish the barter system,…

The European Union is expanding its efforts to save the 2015 nuclear deal with two diplomats from the bloc planning visits to Tehran this weekend to pursue the same agenda. The Dutch and…

Exactly one year ago the foreign ministers of France, Germany and the UK  created the so-called Instrument for Supporting Trade Exchanges (INSTEX) to facilitate legitimate trade with Iran…

Michael Bock, head of Iran-EU trade channel, known as the Instrument In Support of Trade Exchange (INSTEX), will visit Iran on January 12 to discuss the latest developments on the long-delayed…

The three European parties to the 2015 nuclear deal have reaffirmed their commitment to pursue efforts for a diplomatic resolution to ensure the full implementation of the accord by all parties…

Six European countries, namely Belgium, Denmark, Finland, the Netherlands, Norway and Sweden announced in a joint statement on Friday their intent to join the Instrument in Support of Trade…

Eight more countries have decided to join the financial mechanism for trade with Iran, in addition to states that have been part of the mechanism, said Nathalie Tocci, an aide to EU High…

The newly appointed German head of Iran-EU trade mechanism, known as Instrument in Support of Trade Exchange (INSTEX), was in Tehran to discuss issues of mutual interest. 

Another German diplomat was appointed president of the trade mechanism designed to settle trade between Iran and Europe, officially known as Instrument in Support of Trade Exchange (INSTEX).…

With the appointment of Bernd Erbel as new president of the Instrument in Support of Trade Exchanges (INSTEX) earlier in the week, it appears that the Iran-EU trade mechanism is entering its…

The new EU-Iran trading mechanism should be given a chance to work because its long-term benefits both in the fields of economy and politics outweigh its current shortcomings, a former diplomat…

The European mechanism, known as the Instrument in Support of Trade Exchange (INSTEX), to shield the country’s trade from crippling US sanctions won’t be useful if it does not allow oil sales,…

The remaining signatories to the landmark nuclear deal between Iran and six world powers, formally known as the Joint Comprehensive Plan of Action, announced in a statement that the EU mechanism…

Progress was made in nuclear talks on Friday to salvage the 2015 nuclear deal, but it is not sufficient to stop Tehran from scaling back compliance with the accord, a senior Iranian official…

Iran’s ambassador to London, Hamid  Baeidinejad, said  US threats to sanction Iran’s reciprocal trade entity to  Europe’s Instrument in Support of Trade Exchange could put an end…

Foreign Minister Mohammed Javad Zarif on Sunday called on Europe to focus efforts on normalizing economic ties with Iran as required by the 2015 nuclear agreement instead of raising new issues…

The Governor of the Central Bank of Iran criticized European governments for the procrastination over launching the trade mechanism know as Instrument in Support of Trade Exchange (INSTEX).…

CEO of the Special Trade and Finance Institute, the newly created trade mechanism to reciprocate with the European Instrument in Support of Trade Exchange (INSTEX), says now it is up to Europe…

Work on setting up a special purpose vehicle for business with Iran is taking longer than expected, a German government spokesman said on Wednesday. “Currently, the last steps need to be taken…

Members of the European financial mechanism company known as INSTEX [Instrument in Support of Trade Exchanges] and its Iranian counterpart will join talks between Iran and the five signatories…