by Judith Bergman • April 13th
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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