06/04/2020 (Agence Europe) – The Iranian Foreign Affairs spokesman, Abbas Moussavi, described the launch of the Instex debt mutual fund, whose first effective transaction was announced on 31 March (see EUROPE 12458/37), as a “good omen” on Monday 6 April. However, Iran expects the Europeans to “fulfil the rest of their commitments in various areas”, such as “banking, energy, insurance”, he added. The Iranian nuclear deal was intended to expand trade relations with Iran, but the withdrawal of the United States and the extraterritoriality of US sanctions have complicated trade. According to Mr Moussavi, this first transaction, which facilitated the export of medical products, involved “a few hundred thousand euros”. (CG)