Published time: 30 May, 2019 13:49 Edited time: 30 May, 2019 13:54
The United States is ready for sanctions against the European financial settlement (INSTEX) mechanism with Iran, said US Special Representative to Iran Brian Hook.
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In call, US’ Hook says still doesn’t believe INSTEX will get interest from European companies. And says sanctions would only apply if it were used for sanctionable trades, NOT for “permitted transactions” — food, agri, medical devices, medicine. @eu_eeas
— laurence norman (@laurnorman) May 30, 2019
Hook says U.S. doesn't see any corporate demand for INSTEX and that it would sanction any sanctionable behavior,
— Golnaz Esfandiari (@GEsfandiari) May 30, 2019
Source : RT Business News
US to punish any EU-Iran ‘sanctionable behavior,’ doesn’t see ‘demand’ for touted trade mechanism
US to punish any EU-Iran ‘sanctionable behavior,’ doesn’t see ‘demand’ for touted trade mechanism