{"id":69130,"date":"2019-02-20T06:51:33","date_gmt":"2019-02-20T06:51:33","guid":{"rendered":"https:\/\/www.edristi.in\/?p=69130"},"modified":"2019-02-20T06:51:40","modified_gmt":"2019-02-20T06:51:40","slug":"instex","status":"publish","type":"post","link":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/instex\/","title":{"rendered":"INSTEX"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Question: Recently European nations came forward to support Iran against the US sanctions and proposed plan for INSTEX. What is INSTEX? <\/strong><br>(a) Iran Trade promotion plan <br>(b) Oil export plan <br>(c) Visa permit for Iranian citizens <br>(d) military exercise with Iran <br><strong>Answer: (a) <br>Related facts: <\/strong><\/p>\n\n\n\n<ul><li><strong>France, Germany and Britain<\/strong> have set up a <strong>financial mechanism (INSTEX)<\/strong> designed <strong>to avoid US sanctions<\/strong> <strong>against\nIran<\/strong> which keeps the <strong>nuclear deal<\/strong>\nalive.<\/li><li><strong>INSTEX (Instrument for Support of\nTrade Exchanges)<\/strong>\nwill act as a proposed bilateral payment channel from <strong>Europe to Iran<\/strong>.<\/li><li>This\nplan will not be fully operational until later this year.<\/li><li>This\nmechanism will be used for <strong>humanitarian\nsupplies <\/strong>and in later stage will be expanded to help <strong>firms trade<\/strong>.<\/li>\n<script async=\"\" src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script>\n<ins class=\"adsbygoogle\" style=\"display:block; text-align:center;\" data-ad-layout=\"in-article\" data-ad-format=\"fluid\" data-ad-client=\"ca-pub-7086827700842303\" data-ad-slot=\"2662621974\"><\/ins>\n<script>\n     (adsbygoogle = window.adsbygoogle || []).push({});\n<\/script>\n<li>Through the INSTEX trade vehicle, they hope to say European economic sovereignty within the face of Washington\u2019s determination to impose its policy on Europe.<\/li><li>The strategy would at the start\nspecialize in making an attempt to ease the flow of<strong> humanitarian<\/strong> <strong>supplies <\/strong><strong>to Iran.<\/strong><\/li><li>Such\nsupplies, <strong>including medicines and\nfoodstuffs, <\/strong>are not supposed to be subject to US sanctions.<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Iran Nuclear Deal:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Earlier in 2015, Iran<\/strong> agreed a <strong>long-term deal<\/strong> on its <strong>nuclear\nprogramme<\/strong> with the <strong>P 5+1<\/strong> group\nof world powers- the <strong>US, UK, France,\nChina, Russia, and Germany.<\/strong><\/li><li><strong>Nuclear deal<\/strong> signed in <strong>2015 <\/strong>between Iran and was crucial for the security of the region.<\/li><li><strong>EU<\/strong> refused to follow US last year in <strong>pulling out<\/strong> of the <strong>2015 nuclear deal<\/strong>.<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\nBy Ramayan Upadhyay <\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Links:<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\" href=\"https:\/\/www.theguardian.com\/world\/2019\/jan\/31\/europe-sets-up-scheme-to-get-round-us-sanctions-on-iran\" target=\"_blank\">https:\/\/www.theguardian.com\/world\/2019\/jan\/31\/europe-sets-up-scheme-to-get-round-us-sanctions-on-iran<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.bbc.com\/news\/world-middle-east-33521655\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">https:\/\/www.bbc.com\/news\/world-middle-east-33521655<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Question: Recently European nations came forward to support Iran against the US sanctions and proposed plan for INSTEX. What is INSTEX? (a) Iran Trade promotion plan (b) Oil export plan (c) Visa permit for Iranian citizens (d) military exercise with Iran Answer: (a) Related facts: France, Germany and Britain have set up a financial mechanism [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":69132,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1143],"tags":[],"class_list":["post-69130","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-pp"],"_links":{"self":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/69130","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/comments?post=69130"}],"version-history":[{"count":0,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/69130\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media\/69132"}],"wp:attachment":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media?parent=69130"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/categories?post=69130"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/tags?post=69130"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}