The Germany foreign ministry has announced that INSTEX, the trade mechanism backed by nine European states to facilitate humanitarian trade with Iran, has completed its first transaction.
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All tagged H-SPV
The Germany foreign ministry has announced that INSTEX, the trade mechanism backed by nine European states to facilitate humanitarian trade with Iran, has completed its first transaction.
◢ An examination of the nature of Europe-Iran trade and the impact of this trade on Iran’s currency markets, suggests that the SPV could have a significant and stabilizing impact on Iran’s economy by helping to fight runaway inflation, the foremost economic challenge facing Iran’s leadership—even if the mechanism is initially limited to humanitarian trade.
