Tag Archives: JCPOA

Iran will simply mirror the level of commitment shown by the European side.

A prominent Iranian analyst voiced pessimism about the efficiency of the Europe-proposed Instrument in Support of Trade Exchange (INSTEX) for trade with Iran. stressing that the European states adopt all their measures in coordination with Washington.

The Europe-proposed Instrument in Support of Trade Exchange (INSTEX) should provide a comprehensive channel for financial transactions with the European states to wire back Iran'.s crude revenues. a senior Iranian legislator stressed.

Iranian Minister of Communications and Information Technology described China as Iran'.s important partner in digital economy. and said both states are standing in the same front to confront the US unilateralism in the field of information technology (IT).

Iran and Austria have witnessed one of the most active periods of bilateral economic relations after the landmark nuclear deal. officially known as the Joint Comprehensive Plan of Action (JCPOA). was signed on July 14. 2015.

China does not support US policy on eliminating Iran'.s oil exports. the director-general of the Department of Arms Control at the Chinese Foreign Ministry stated.

Secretary General of the European External Action Service (EEAS) Helga Schmid announced that the EU-proposed Instrument in Support of Trade Exchanges (INSTEX) to trade with Iran has become operational.

China is one of the guarantors of the JCPOA agreement.

Iran is fully prepared to take the next step to further lower its compliance with the nuclear deal on July 07.

Europe is duty-bound to purchase Iranian crude to keep the nuclear deal alive. reminding that the European'.s offered INSTEX mechanism requires financing that should happen through crude revenues.