
Iran’s ambassador to London said on Thursday that Germany, Britain and France have finalized registration of a channel for transactions with Iran (INSTEX), and the news will be announced within next hours. Hamid Baeedinejad made the remarks in a twitter message on Thursday. The Paris-based transactions channel, named INSTEX – ...

According to the German broadcaster NDR, Germany, the UK, and France are ready to set up the European Channel for transactions with Iran. The European transactions channel for Iran will be called INSTEX (Instrument in Support of Trade Exchanges), NDR reported. The statement comes after spokeswoman for EU Foreign Affairs ...