Belgium, Denmark, Finland, the Netherlands, Norway and Sweden are in the process of becoming shareholders of the Instrument in Support of Trade Exchanges (Instex), they say in a joint statement.
Belgium, Denmark, Finland, the Netherlands, Norway and Sweden attach the utmost importance to the preservation and full implementation of the Joint Comprehensive Plan of Action (JCPoA) on Iran’s nuclear programme by all parties involved. The nuclear agreement was unanimously endorsed by the UN Security Council and is a key instrument for the global non-proliferation regime and a major contribution to stability in the region.
In light of the continuous European support for the agreement and the ongoing efforts to implement the economic part of it and to facilitate legitimate trade between Europe and Iran, we are now in the process of becoming shareholders of the Instrument in Support of Trade Exchanges (Instex) subject to completion of national procedures. Instex was established by France, Germany and the United Kingdom in January 2019.
In this context, it is crucial for the Islamic Republic of Iran to return without delay to full compliance with the terms and provisions of the nuclear agreement.