Feb 13, 2019, 12:57 PM
News Code: 83207921
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US to take on UNSC if threatening Instex: Jack Straw

London, Feb 13, IRNA – If the United States threaten the Instex, it will be taking on the United Kingdom, France, and Germany all of whom are members of the United Nations Security Council, the former foreign secretary of Britain told the Islamic Republic News Agency on Wednesday.

In an exclusive interview with IRNA, Jack Straw criticized Washington's decision to withdraw from the Joint Comprehensive Plan of Action (JCPOA) and reimposing the sanctions on Iran, which made the European governments establish the Special Purpose Vehicle (SPV), which was renamed as Instex, short form for Instrument in Support of Trade Exchange to keep trade with Iran.

Regarding the US threats against the users of the mechanism, he said there are still some wise people in the United States that don’t want 'a split of this degree in the West.'

'This is the first occasion in recent years, where Britain, France and Germany have decided to take a fundamentally different position on a major foreign policy issue from the United States.'

He added that launching the mechanism was accompanied by a lot of pressure from the US on Europe.

He went on to appreciate the conservative government of Theresa May, France, Germany and the European Union.

Straw urged the Iranians to be more patient about the issue and added that it is going to take 'some further time to become operational.'

'Once it is going and starts to process transactions wholly bypassing the United States system, which dominates the world, then it can be built up … a third country is coming in as well.'

Regarding the threats made by the US against other countries that work with Iran, he said that some European companies are afraid of the US sanctions, but those companies that don’t work with the US and see their governments is supporting the Instex can start to work with Iran.

The Britain's former foreign secretary said that this is a consequence of the 'unilateral decision' of President Trump 'to tear up an agreement, which United States government had signed and which had been indorsed by the Security Council'.

Referring to the discussion of the Financial Action Task Force (FATF) in Iran's Majlis, Guardian Council and Expediency Council, he said that the bill is not anti-Islamic because many Islamic countries followed the rules.

'Iran will still have its autonomy and independence, but it will greatly facilitate trade for Iran,' he said, adding that he doesn’t want to see Iran 'a subject of criticism by people who don’t like Iran' for not having joint FATF.

Regarding the missile program of Iran he said that he cannot speak for the British government, but if Iran shows some willingness to discuss that it will of less importance than coming to line with the FATF.

He added that it takes some months and will start in a small way, but Iran will be enjoying the financial interests; it will first include food and medicine but over time it could be used for other things as well.


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