E3 announces 1st INSTEX transaction

The E3 (the UK, France and Germany) has announced that the special purpose vehicle INSTEX has made its first successful transaction by facilitating the export of medical goods from Europe to Iran. The UK government statement says that “INSTEX aims to provide a sustainable, long-term solution for legitimate trade between Europe and Iran as part of the continued efforts to …

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About Michael O'Kane

Michael O'Kane

Michael was called to the Bar in 1992 and prior to joining Peters & Peters was a senior specialist prosecutor at the Crown Prosecution Service Headquarters (CPS). He was a key member of a small specialist unit responsible for the prosecution of serious and high-profile fraud, terrorist,...

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