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“In the talks that my colleagues had with representatives from the three European countries (Britain, France and Germany) and the president of INSTEX at the CBI (office) in Tehran last week, they gave a full explanation of the Iranian mechanism in line with the European mechanism,” Hemmati said late on Friday.
“We are waiting for practical measures from Europe,” the official said, adding that the Iranian mechanism known as STFI will be established in Tehran in the near future.Earlier this week, the president of the INSTEX traveled to Tehran to hold talks with senior Iranian officials on ways to make the mechanism operational.
INSTEX is based in Paris and managed by the German banking expert Per Fischer.The three European countries that are signatories to the 2015 Iran nuclear deal are reportedly going to use the channel initially only to sell food, medicine and medical devices in Iran.
In May 2018, the US president pulled his country out of the Joint Comprehensive Plan of Action (JCPOA), the nuclear deal that was achieved in Vienna in 2015 after years of negotiations among Iran and the Group 5+1 (Russia, China, the US, Britain, France and Germany).Following the US withdrawal, Iran and the remaining parties launched talks to save the accord.
Some 2,000 traders and businessmen from 85 different countries are participating in the 6th International Export Potential Exhibition of the Islamic Republic of Iran (Iran Expo 2024) which kicked off in Tehran on Saturday.
Recently, U.S. politicians and media have sensationalized the concept of “overcapacity” in China, particularly focusing on the expansion of Chinese manufacturing in new sectors like electric vehicles (EVs), lithium-ion batteries, and solar panels.
Students and faculty members of Tehran University rallied on Saturday in a display of solidarity with the burgeoning protests unfolding across various campuses in the United States.
A new study suggests regular stair climbing can lower the risk of heart disease and death from all causes.
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