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Caspian Energy Journal Caspian European Club
Thursday, 31 January 2019 15:00

Germany, France and UK set up transactions channel with Iran

Germany, France and UK set up transactions channel with Iran

Germany, France and Britain have officially set up a European payment channel for transactions to facilitate trade with Iran and circumvent U.S. sanctions, German NDR broadcaster reported on Thursday, Caspian Energy News (www.caspianenergy.net) reports with reference to Reuters.

The European channel will be named INSTEX-Instrument In Support Of Trade Exchanges, NDR said.

More details: https://uk.reuters.com/article/uk-iran-usa-sanctions-eu/germany-france-and-britain-to-set-up-european-transactions-channel-with-iran-idUKKCN1PP0KM

Person in charge of the newsline: Olga Nagiyeva 

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