Europe sets up scheme to get round US sanctions on Iran

Iran 0 Comment 2

Vehicle to be used for humanitarian supplies, then expanded to help firms trade

France, Germany and Britain have set up a financial mechanism designed to avoid US sanctions against Iran and keep the 2015 nuclear deal afloat.

Through the Instex trade vehicle, they hope to assert European economic sovereignty in the face of Washington’s determination to impose its foreign policy on Europe.

Related: Iranian state TV anchor returns to Tehran after 10 days in US detention

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Source: iran
Link : Europe sets up scheme to get round US sanctions on Iran

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