Instex trade mechanism and its Iranian counterpart would now work on more transactions and on enhancing the system. (ISNA)

March 31, 2020

France, Germany and Britain have exported medical goods to Iran in the first transaction conducted under a trade mechanism set up to barter humanitarian goods and food after the U.S. withdrawal from a 2015 nuclear deal, Germany said on Tuesday.

The German Foreign Ministry said in a statement that the medical goods were now in Iran and added that the Instex trade mechanism and its Iranian counterpart would now work on more transactions and on enhancing the system.

Reuters

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Track PersiaTrack Persia is a Platform run by dedicated analysts who spend much of their time researching the Middle East, in due process we fall upon many indications of growing expansionary ambitions on the part of Iran in the MENA region and the wider Islamic world. These ambitions commonly increase tensions and undermine stability.