Friday 6 December 2019
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theborneopost - 5 days ago

Six European countries join barter system for Iran trade

PARIS: Paris, London and Berlin welcomed six new European countries to the Instrument in Support of Trade Exchanges (INSTEX) barter mechanism, which is designed to circumvent US sanctions against trade with Iran by avoiding use of the dollar. As founding shareholders of the INSTEX, France, Germany and the UK warmly welcome the decision taken by [...] The post Six European countries join barter system for Iran trade appeared first on Borneo Post Online.


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