{"id":6351,"date":"2019-12-02T10:49:01","date_gmt":"2019-12-02T10:49:01","guid":{"rendered":"https:\/\/www.gkseries.com\/blog\/?p=6351"},"modified":"2019-12-02T10:49:03","modified_gmt":"2019-12-02T10:49:03","slug":"six-european-nations-join-the-iran-barter-system","status":"publish","type":"post","link":"https:\/\/www.gkseries.com\/blog\/six-european-nations-join-the-iran-barter-system\/","title":{"rendered":"Six European Nations join the Iran Barter System"},"content":{"rendered":"\n

Six new European countries join the INSTEX barter mechanism,\nwhich is designed to circumvent U.S. sanctions against trade with Iran by\navoiding use of the dollar. The Paris-based INSTEX functions as a clearing\nhouse allowing Iran to continue to sell oil and import other products or\nservices in exchange. The system has not yet enabled any transactions.<\/p>\n\n\n\n

Daily Current Affairs Quiz 2019<\/a><\/strong><\/p>\n\n\n\n

Washington in 2018 unilaterally withdrew from the\ninternational agreement governing Iran’s nuclear programme and reinstated heavy\nsanctions against Tehran. This Paris-based mechanism functions as a clearing\nhouse allowing Iran to continue to sell oil and import other products or\nservices in exchange. The mechanism represents continuing commitment of France,\nGermany and the UK to the JCPOA.<\/p>\n","protected":false},"excerpt":{"rendered":"

Six new European countries join the INSTEX barter mechanism, which is designed to circumvent U.S. sanctions against trade with Iran by avoiding use of the dollar. The Paris-based INSTEX functions as a clearing house allowing Iran to continue to sell oil and import other products or services in exchange. The system has not yet enabled […]<\/p>\n","protected":false},"author":13,"featured_media":6352,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[832],"tags":[833],"class_list":["post-6351","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs-december-2019","tag-iran-barter-system"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/6351","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=6351"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/6351\/revisions"}],"predecessor-version":[{"id":6353,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/6351\/revisions\/6353"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/6352"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=6351"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=6351"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=6351"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}