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by Judith Bergman • April 13,
2019 at 5:00 am
- The main purpose of
the Instrument in Support of Trade Exchanges (INSTEX) is to
ensure that Europe -- and potentially third countries -- can
continue doing business with the mullahs in Iran without
risking US penalties for contravening US sanctions.
- EU foreign policy
chief Federica Mogherini seems strongly committed to ensuring
that Iran -- and Europe -- continue receiving economic
benefits from the illegal, unsigned, and unratified Iran
nuclear deal. Mogherini insisted that Iran is complying with the
JCPOA. It is not. US Secretary of State Mike Pompeo, referring
to documents seized by Israel, stated that the nuclear deal
was "built on lies" .
- No amount of human
rights abuses, however atrocious -- or terrorism, even against
its own citizens; or cheating to acquire deliverable nuclear
capability to unleash on Israel, the US and eventually
threaten the entire West -- will, it seems, deter the EU from
its criminal collusion with Iran. Europe seems determined to
wade into its own destruction with its eyes wide open.
The
European Union insists that Iran is complying with the nuclear deal
(JCPOA). It is not. US Secretary of State Mike Pompeo, referring to
documents seized by Israel, stated that the nuclear deal was
"built on lies."(Photo by Win McNamee/Getty Images)
On January 31, Britain, France and Germany announced
a new payment mechanism known as the Instrument in Support of Trade
Exchanges (INSTEX). It was designed to preserve the Joint
Comprehensive Plan of Action (JCPOA), also known as the Iran
nuclear deal, after the US left the deal in May 2018 and reinstated
-- as well as broadened -- US sanctions on the country in November
2018. The main purpose of INSTEX is to ensure that Europe -- and
potentially third countries – can continue doing business with the
mullahs in Iran without risking US penalties for contravening US
sanctions.
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