Tag: #INSTEX

  • Six European countries join barter system for Iran trade

    Six European countries join barter system for Iran trade

    Paris, Dec 1 (AFP/APP): Paris, London and Berlin on Saturday welcomed six new European countries to the INSTEX barter mechanism, which is designed to circumvent US sanctions against trade with Iran by avoiding use of the dollar. “As founding shareholders of the Instrument in Support of Trade Exchanges (INSTEX), France, Germany and the United Kingdom…