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Today is Friday - September/25/2020
Spox: Other countries may join INSTEX

Spox: Other countries may join INSTEX

Spokesman for the Iranian Ministry of Foreign Affairs said that it is possible that some other countries may join the Instrument in Support of Trade Exchanges (INSTEX).
Commenting on the visit of India's foreign minister to Tehran and whether there is a plan for India to join the financial mechanism, Bahram Qasemi said on Monday, 'There are precise expert talks on how this mechanism and trade are being implemented.'
The Iranian foreign ministry spokesman said that the initial talks were that this mechanism should start with specific items and specific countries.
Qasemi noted that when the process is favorable for the parties, it is possible that other countries can use the mechanism.