Iran’s deputy foreign minister for economic diplomacy expressed dissatisfaction with the volume of transactions that Tehran has been able to carry via a financial mechanism the EU has devised for trade with the Islamic Republic, known as INSTEX.
News ID: 9546 Publish Date : 2020/05/19
Iran’s deputy foreign minister for economic diplomacy expressed dissatisfaction with the volume of transactions that Tehran has been able to carry via a financial mechanism the EU has devised for trade with the Islamic Republic, known as INSTEX.
News ID: 9508 Publish Date : 2020/05/15
The Governor of the Central Bank of Iran called on the International Monetary Fund to make use of the EU-Iran trading mechanism ‘INSTEX’ or the Swiss humanitarian channel for Iran ‘SHTA’ to make a $5 billion loan that Tehran has applied for to deal with the coronavirus outbreak
News ID: 9208 Publish Date : 2020/04/20
Iranian domestic billet prices have witnessed an acute drop this week. The billet prices have fallen by IRR 8,800/kg, W-o-W. As a result of this event, the country’s finished steel prices are also witnessing the drop.
News ID: 8614 Publish Date : 2020/03/03
Iranian Ambassador to Russia Kazzem Jalali censured the de facto status of the Instrument in Support of Trade Exchange (INSTEX), stressing that the European-made channel was of no use as it has effected no transactions so far.
News ID: 8567 Publish Date : 2020/03/04
Dutch Ambassador to Tehran Jacques Werner said that his country is willing to establish mutual cooperation with Kish Free Zone Organization in water management, renewable energies and foodstuffs.
News ID: 7765 Publish Date : 2019/12/04
Norwegian Ambassador to Tehran Lars Nordrum announced that his country along with Sweden, Denmark, Finland, Belgium and the Netherlands will join the EU’s trade mechanism with Iran entitled ‘INSTEX’.
News ID: 7637 Publish Date : 2019/11/30
The trade between Iran and European Union countries during the first eight months of 2019 stood at €3.471 billion, Tasnim news agency reported.
News ID: 7268 Publish Date : 2019/11/02
Head of Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) warned Europeans that competitors would replace them in the Iranian market if they procrastinate any further.
News ID: 7197 Publish Date : 2019/10/09
Several European companies and banks have expressed their readiness to join the European financial channel with Iran, INSTEX, in a bid to help operationalize the system, said new INSTEX president on Tuesday.
News ID: 6433 Publish Date : 2019/09/18
The trade between Iran and European Union countries during the first seven months of 2019 stood at €3.087 billion, Tasnim news agency reported.
News ID: 6390 Publish Date : 2019/09/30
Russian Ambassador to Tehran Levan Dzhagaryan said on Sunday that his country and Iran will link their domestic banking networks in the near future.
News ID: 6168 Publish Date : 2019/08/25
Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati said that the Europeans should show their seriousness about implementation of the instrument in support of trade exchanges (INSTEX) by ordering Iran's crude.
News ID: 6131 Publish Date : 2019/08/22
Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati said that the Europeans should show their seriousness about implementation of the Instrument in Support of Trade Exchanges (INSTEX) by ordering Iran's crude.
News ID: 6093 Publish Date : 2019/08/22
Erbel was set to replace former German banker Per Fischer as INSTEX president after the latter’s six-month period came to an end with no tangible results at the end.
News ID: 5908 Publish Date : 2019/08/13
France has reportedly proposed Iran a credit line of $15bn to run the European payment channel with Tehran, INSTEX, as Iran threatens to reduce more of its nuclear commitments in coming weeks.
News ID: 5849 Publish Date : 2019/08/08
Many countries are considering joining the European payment mechanism. Sweden, after Finland, is the second Scandinavian country to express readiness to be part of the trade channel.
News ID: 5704 Publish Date : 2019/08/04
Bernd Erbel, 72, a German diplomat and a former head of his country’s mission in Iran (Oct. 2009-2013) has been appointed as the new president of Iran-EU trade mechanism, known officially as the Instrument in Support of Trade Exchange (INSTEX).
News ID: 5662 Publish Date : 2019/08/01
American officials have issued a warning to European nations that they risk falling foul of sanctions on Iran if they press ahead with a barter system that could allow the export of Iranian oil.
News ID: 5526 Publish Date : 2019/07/28
Iranian ambassador to Denmark, Morteza Moradian cited local media saying, Danish government is considering joining Instrument in Support of Trade Exchanges (INSTEX).
News ID: 5465 Publish Date : 2019/07/25
