10 February 2019 - 17:21
News Code 83204376
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US envoy enraged by mechanism of trade between Iran, Europe

Tehran, Feb 10, IRNA - The US ambassador to Berlin warned European countries, including Germany, against bypassing Washington's economic sanctions reimposed on Iran.

While expressing his indignation at the implementation of the mechanism to support the trade between Iran and Europe (INSTEX), Richard Grenell, who is known for his undiplomatic remarks, warned the European countries over the implementation of Instrument for Supporting Trade Exchanges (INSTEX) between Iran and EU states.

'It's not advisable to circumvent the US sanctions,' he wrote in an article posted Sunday in the Frankfurter Allgemeine newspaper.

According to Grenell, the US president intends to bring Iran to the negotiating table by re-imposing heavy sanctions on Iran and urging the country to reconsider its nuclear program and its missile program.

These meddling remarks by the US diplomat have been made while Germany, France and Britain have made their determination to circumvent the US sanctions by setting up the INSTEX.

Earlier, Grenell had sought European countries for similar action in pursuit of Germany's sanction of the Mahan Airlines otherwise they would face negative consequences.

On January 31, three European countries — France, Germany and UK (also known as the E3) launched a special payment vehicle called Instrument in Support of Trade Exchanges (INSTEX). This EU-backed mechanism will facilitate European trade with Iran. The E3 foreign ministers declared in a joint statement that initially, the INSTEX will support “pharmaceutical, medical devices and agri-food goods”.

In a statement, EU High Representative for Foreign Affairs and Security Policy Federica Mogherini asserted that the mechanism “will provide economic operators with the necessary framework to pursue legitimate trade with Iran”.

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