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Iran launches a financial mechanism compatible with European "Instex"
11:43 - 16/03/20190
Information / Baghdad ..
Iran's central bank governor Abdel Nasser Hamati announced on Saturday that an Iranian financial mechanism compatible with the European financial mechanism Enstex would soon be registered for financial dealings with Tehran.
"Iran's special financial mechanism will be called STFI and will be symmetrical with the European financial mechanism" INSTAX "proposed by the three European countries - Germany, Britain and France," Fars news agency reported in a statement.
"The registration of this company does not mean that Iran will stop and wait for the activation of the European mechanism. We will continue our strategy of how to save the country and trade in the embargo conditions through the special methods and methods we have developed, especially through neighboring countries and other trading partners."
"In light of the talks that my colleagues at the central bank held in Tehran last week with the representatives of the three European countries and the director of INSTEX, they provided the necessary clarifications about the Iranian mechanism corresponding to the European mechanism and we are waiting for practical measures by Europe," Hamati said. Ending / 25
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