Analysis by PMOI/MEK
Feb. 6, 2019 – In the Iranian regime’s parliament, the chairman of economic commission Mohammad Reza Poor-Ebrahimi expressed his disappointment with the inefficiency of INSTEX, the company setup by EU countries to supposedly help the Iranian regime circumvent U.S. sanctions. “Europe had committed itself to help Iran in SPV to transfer the oil money back to Iran. But INSTEX omits that. Not a single European promise has been realized,” Poor Ebrahimi said.
“The Europeans are trying to undermine Iran’s power and force us to accept more conditions for the functionality of SPV,” he added.
Poor-Ebrahimi pointed out to the nuclear deal saying, “According to the JCPOA, Iran accepted some limitations in the nuclear field and the West had to recognize our legal economic rights in return and lift the sanctions against our banks, our commercial activities and especially export of oil. But regrettably, Europe did not fulfill its promises after the U.S. withdrew from the JCPOA.”
The senior Iranian MP desperately complained about European countries and said, “We fulfilled our commitments but Europe did not. They also promised they will make the SPV functional by the end of 2018, but again, they did not.
“By early 2019, they came up with INSTEX and what we have received from its purposes, has worried us about its functionality.”
He added, “The limitation in transferring the money of Iran’s oil export in the one hand, and the contingent of INSTEX to FATF on the other have made INSTEX as an unacceptable approach.”
