With which of the following countries have Germany, France and the UK set up a payment channel called INSTEX?
Iraq
Syria
Turkey
Iran
Poland
Answers
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The correct answer is Iran
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Answer:
Germany, France and the UK set up a payment channel called INSTEX with Iran.
Explanation:
Germany, France and the UK have installation a payment channel with Iran known as INSTEX.
This was executed to assist keep trade with Iran and overcome US sanctions. This unique payment system will assist keep the Iran nuclear deal by permitting Tehran to maintain trading with european companies.
US had reimposed sanctions on Iran after US President Donald Trump unexpectedly end the nuclear accord in 2018.
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