{"id":3412,"date":"2022-05-21T07:34:29","date_gmt":"2022-05-21T07:34:29","guid":{"rendered":"https:\/\/momstime.org\/en\/?p=3412"},"modified":"2022-05-21T07:34:29","modified_gmt":"2022-05-21T07:34:29","slug":"258-instex-now-operational","status":"publish","type":"post","link":"https:\/\/karimilawfirm.com\/en\/news-en\/258-instex-now-operational\/","title":{"rendered":"INSTEX NOW OPERATIONAL"},"content":{"rendered":"<p dir=\"ltr\">TEHRAN, Jun. 29 \u2013 French, British and German officials announced in a statement on Friday that the trade mechanism with Iran aimed at circumventing US sanctions, dubbed INSTEX, has been operational.<\/p>\n<p dir=\"ltr\">INSTEX,\u00a0\u00a0the mechanism which will facilitate trade with Iran, is now operational and its first transactions are being processed. A payment balancing system will allow companies in Europe to buy Iranian goods, and vice-versa, without money-transfers between European and Iranian banks.<\/p>\n<p dir=\"ltr\">The EU called the Joint Comprehensive Plan of Action (JCPOA) a &#8220;key element of global nuclear non-proliferation.&#8221; The deal was in limbo after Washington left it a year ago and started piling up sanctions on Tehran, hampering its trade with other countries.<\/p>\n<p dir=\"ltr\">The statement comes after the remaining signatures of JCPOA gathered in Vienna for a meeting that Iranian ministry spokesman called &#8220;the last chance for the remaining parties&#8230;to gather and see how they can meet their commitments towards Iran.&#8221;<\/p>\n<p dir=\"ltr\">Iran\u2019s next steps over JCPOA depend\u00a0on the practical measures by the European countries, Iranian officials said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TEHRAN, Jun. 29 \u2013 French, British and German officials announced in a statement on Friday that the trade mechanism with Iran aimed at circumventing US sanctions, dubbed INSTEX, has been operational. INSTEX,\u00a0\u00a0the mechanism which will facilitate trade with Iran, is now operational and its first transactions are being processed. A payment balancing system will allow companies in Europe to buy Iranian goods, and vice-versa, without money-transfers between European and Iranian [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":3413,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3412","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v17.7 (Yoast SEO v21.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>INSTEX NOW OPERATIONAL - Karimi law firm<\/title>\n<meta name=\"description\" content=\"INSTEX NOW OPERATIONAL. 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