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