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Commissioning of INSTEX to be announced in minutes

Tehran, German, British and French foreign ministers in a news meeting in Bucharest are to officially announce the commissioning of the European special financial mechanism known as the Instrument in Support of Trade Exchanges (INSTEX) minutes later.

Heiko Maas, Jean-Yves Le Drian, Jeremy Hunt, foreign ministers of Germany, France and Britain are to announce this tonight in a joint news conference in Bucharest after a meeting of European Union foreign ministers.

Earlier, Iran’s Ambassador to London Hamid Baeidinejad said that Germany, Britain and France have finalized registration of a channel for transactions with Iran (INSTEX), and the news will be announced within next hours.

Source: Islamic Republic News Agency


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