Iran Press/Iran news: European External Action Service Helga Schmid said in her twitter account: "This meeting is the first one after launching the Instrument in Support of Trade Exchanges (INSTEX)."
She added that the members of JCPOA are committed to INSTEX, Iran Press reported.
Deputy foreign ministers of Germany, UK, France, Russia, China and Iran attending the meeting.
Iran's Deputy Foreign Minister for Political Affairs Abbas Araghchi said before the JCPOA joint commission meeting in Vienna that Iran is still unsure how EU’s trade mechanism INSTEX is going to help the country with its economic relations.
There is a political will among the parties to the nuclear deal to counter the obstacles and problems created by the US withdrawal from the JCPOA, the Iranian diplomat stressed.
“The nuclear issues are normally being discussed and the International Atomic Energy Agency (IAEA), has reaffirmed Iran’s full compliance with its JCPOA-related commitments in its 14th quarterly report,” said Araghchi, adding: “However, the discussions on the removal of sanctions following the US’ withdrawal from the agreement have been facing a lot of difficulties.”
Ever since, the signatories to the JCPOA have been trying to come up with initiatives and mechanisms to compensate for the US’ withdrawal from the agreement, he said.
Iran's Deputy Foreign Minister for Political Affairs is heading Iran's delegation at the meeting.
On Jan. 31, the European Union announced the launch of a long-awaited direct payment mechanism meant to safeguard their trade ties with Tehran in the face of US sanctions. 101/211/201
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