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January 31, 2019       Share:    

Source: https://www.dw.com/en/instex-europe-sets-up-transactions-channel-with-iran/a-47303580

Europe Sets Up Payment Channel to Continue Trade with Iran

(Deutsche Welle-Germany) Germany, France and the UK have set up a transaction channel with Iran to facilitate trade despite U.S. sanctions, German public broadcaster NDR reported Thursday. The Paris-based channel, called INSTEX - Instrument in Support of Trade Exchanges, will allow European businesses to trade with Iran.

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