France, Germany, and the United Kingdom have officially confirmed concluding their first INSTEX transaction with Iran, exporting medical goods to the Middle Eastern country.
According to the German Foreign Ministry, Berlin hopes to enhance the mechanism and carry out more transaction with Tehran.
The news comes several months after Finland, Sweden, Norway, Denmark, Belgium, and the Netherlands joined the mechanism, allowing the countries to circumvent US sanctions against Iran.
DETAILS TO FOLLOW
South Africa Today – World News – Europe