INSTEX; A European Effort to Save JCPOA or Another Anti-Iran Plot?
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1 min readApr 1, 2020
The German Foreign Ministry has, in a message, announced the shipment of the first consignment to Iran within the framework of the Instrument in Support of Trade Exchanges (INSTEX), a European special-purpose vehicle (SPV) for conducting trade with Iran.
The message published on Twitter reads that France, Germany and Britain confirm that INSTEX successfully conducted its first truncation and facilitated exports of medical supplies from Europe to Iran. The message also reads that INSTEX and its Iranian counterpart will cooperate to conduct more transactions and boost this mechanism.
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