Iran's FM Zarif criticizes Europe for delaying INSTEX launch
Tehran (KNA) - Iran has once again complained about a delay by European partners in the 2015 nuclear deal to make operational a non-dollar direct payment channel with Tehran, saying they now have "no excuse" for further postponement of the project.
Foreign Minister Mohammad Javad Zarif made the remarks on the sidelines of a ceremony to launch the ministry's Economic Diplomacy website in Tehran on Sunday.
The Europeans, Zarif said, introduced the Instrument in Support of Trade Exchange (INSTEX) as "a preliminary measure" - as part of their multiple commitments under the Joint Comprehensive Plan of Action (JCPOA) - following Washington's withdrawal from the nuclear accord.
In order to begin honoring their commitments, the Europeans were required to set up INSTEX, he explained.
Source: PressTV