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Financial system Instex used for first time to send medical support to Iran as it battles severe coronavirus outbreak Britain, France and Germany have for the first time used a complex financial system that bypasses US sanctions to send medical aid to Iran, raising hopes of salvaging the 2015 Iran nuclear deal. Britain, France and Germany have for the first time used a complex financial system that bypasses US sanctions to send medical aid to Iran, raising hopes of salvaging the 2015 Iran nuclear deal. According to the German foreign ministry, the medical supplies safely arrived in Iran after a transaction using the Instex system, which was set up in response to Donald Trump, the US president, withdrawing from the Iran nuclear deal in 2018 and imposing severe sanctions on the
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Financial system Instex used for first time to send medical support to Iran as it battles severe coronavirus outbreak Britain, France and Germany have for the first time used a complex financial system that bypasses US sanctions to send medical aid to Iran, raising hopes of salvaging the 2015 Iran nuclear deal. Britain, France and Germany have for the first time used a complex financial system that bypasses US sanctions to send medical aid to Iran, raising hopes of salvaging the 2015 Iran nuclear deal. According to the German foreign ministry, the medical supplies safely arrived in Iran after a transaction using the Instex system, which was set up in response to Donald Trump, the US president, withdrawing from the Iran nuclear deal in 2018 and imposing severe sanctions on the
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Financial system Instex used for first time to send medical support to Iran as it battles severe coronavirus outbreak
Britain, France and Germany have for the first time used a complex financial system that bypasses US sanctions to send medical aid to Iran, raising hopes of salvaging the 2015 Iran nuclear deal.
Britain, France and Germany have for the first time used a complex financial system that bypasses US sanctions to send medical aid to Iran, raising hopes of salvaging the 2015 Iran nuclear deal.
According to the German foreign ministry, the medical supplies safely arrived in Iran after a transaction using the Instex system, which was set up in response to Donald Trump, the US president, withdrawing from the Iran nuclear deal in 2018 and imposing severe sanctions on the regime.
Earlier this month, Britain, Germany and France had announced they would offer a €5million (£4m) package to help Iran tackle the coronavirus, as well as medical equipment for testing and protective clothing.
FT