Iran Trade Promotion Plan Current Affairs, GK & News
Three European Powers U.K., France and Germany are set to announce a plan to help companies trading to Iran to defy the sanctions on Iran. US sanctions on Iran US President Trump had unilaterally walked out of the Joint comprehensive plan of action (JCPOA) agreement and reimposed the sanctions on Iran. Under the JCPOA agreement, ....Read More
INSTEX acronym of Instrument in Support of Trade Exchanges is a project of the three governments of UK, France and Germany to bypass US sanctions on Iran. INSTEX INSTEX is a special payment system which will help to save the Iran nuclear deal by allowing Tehran to keep trading with EU companies despite Washington re-imposing ..