IFP Exclusive

Finland Says EU Defies US Sanctions on Iran through INSTEX

Finnish Foreign Minister Pekka Haavisto has expressed Helsinki’s support for a special trade mechanism, known as INSTEX, which is to facilitate trade with Tehran amid the US sanctions.

The remarks were made in a Monday meeting with Iranian Foreign Minister Mohammad Javad Zarif in Helsinki.

In the Monday meeting, the two sides conferred on bilateral relations between Iran and Finland as well as the latest regional and international developments.

Zarif and Haavisto particularly discussed the issue of Iranian oil tanker Adrian Darya 1 (formerly Grace 1) and the latest developments related to the Iran nuclear deal (JCPOA), particularly the necessity for the full operation of the Instrument in Support of Trade Exchanges (INSTEX).

They also discussed the security of the Persian Gulf region and Iran’s ideas and initiatives for regional dialogues.

Stressing the necessity for a cognitive transformation in the region, Zarif said Iran has the longest coastline of the Persian Gulf and is highly prepared and has a great capacity for ensuring the region’s security.

The Finnish foreign minister, in turn, said Helsinki and the European Union support the INSTEX financial mechanism despite the US pressures on European companies.

IFP Editorial Staff

The IFP Editorial Staff is composed of dozens of skilled journalists, news-writers, and analysts whose works are edited and published by experienced editors specialized in Iran News. The editor of each IFP Service is responsible for the report published by the Iran Front Page (IFP) news website, and can be contacted through the ways mentioned in the "IFP Editorial Staff" section.

Recent Posts

“Iran Hamdel” campaign sends aid to Gaza amid war

Aid items donated by millions of Iranians within a national campaign, have reached the beseiged…

8 hours ago

Iranian deputy FM: Cooperation with Saudis serves as a successful model for fostering peace and security

Iran's Deputy Foreign Minister Majid Takht Ravanchi has said Iran and Saudi Arabia are committed…

8 hours ago

Official: Iran responds to IAEA resolution with increased nuclear enrichment capacity

Behrouz Kamalvandi, the spokesperson for the Atomic Energy Organization of Iran (AEOI), says the organization…

10 hours ago

Pictures: Demonstrators in Tehran support people of Gaza, Lebanon

Hundreds of people gathered in Tehran on Friday morning in front of the United Nations…

10 hours ago

Int’l lawyer: US plans to sanction countries cooperating with ICC on Netanyahu arrest

An international law expert and analyst has revealed the U.S. plans to impose punitive measures…

13 hours ago

Minister of science: 25% of Iranian university professors emigrated due to economic challenges

Iran’s Minister of Science, Research, and Technology, Hossein Simayee Saraf, addressed on Thursday academic migration…

13 hours ago