France says Iran/Instex mechanism is making positive progress


  • World
  • Tuesday, 23 Apr 2019

FILE PHOTO: The Iranian flag flutters in front the International Atomic Energy Agency (IAEA) headquarters in Vienna, Austria March 4, 2019. REUTERS/Leonhard Foeger/File Photo

PARIS (Reuters) - The 'Instex' mechanism set up by France, Britain and Germany for Iran to skirt U.S. sanctions is making positive progress, said the French foreign ministry on Tuesday, as it responded to the latest moves by the U.S. government to put pressure on Iran.

"The work that has been put in place is making positive progress, with a view to an eventual conclusion. Iran must also, for its part, make progress on its equivalent counterparty," said the French foreign ministry in an electronic briefing.

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