Thursday, October 6, 2022

Iran Says Not Satisfied with INSTEX Implementation

Iran’s Foreign Ministry Spokesman says the way that the European financial mechanism, INSTEX, is currently being implemented is not what Iran has been asking for.

Seyyed Abbas Mousavi has told IRIB News Agency that consultations are underway and the Islamic Republic’s message has been forwarded to European parties.

“Several days remain until the end of the 60-day Iranian deadline, so we hope Europeans will be able to take more important and operational steps to implement the INSTEX, because if they do not take steps, Iran would take its second step [of reducing its JCPOA commitments].”

Mousavi also noted that the amount of enrichment and its percentage and level in the second step will be announced soon.

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