STFI

Iran registers INSTEX mirror company for trade with Europe

The move comes several days when the Central Bank of Iran had announced it would unveils the mechanism soon after INSTEX President Per Fishcer held talks with Iranian stakeholders in Tehran. The channel has been called Instrument for Finance and Trade between Iran and Europe.

Financial Markets

Iran to register INSTEX mirror company soon, calls it STFI

The announcement comes after a visit to Iran by INSTEX president Per Fischer to work out details of the payment channel. Negotiations have been going on in various levels so that the channel starts work soon.

Financial Markets