"Russia hasn’t ruled out the possibility of joining Instex, while participants are considering including oil in this European mechanism for trade with Iran. Sputnik has discussed the future of Instex with Nazanin Armanian, an Iranian political scientist and author based in Spain.
According to Nazanin Armanian, the European proposal to launch the Instrument in Support of Trade Exchanges with Iran (INSTEX) has three main objectives:
“to hide its inability to comply with the nuclear agreement with Iran, despite the fact that only the US, one of the seven signatories of the nuclear agreement [Joint Comprehensive Plan of Action (JCPOA)], has abandoned it”;
“to give Iran an empty box of candy to keep it within the nuclear agreement”;
“not to lose the huge Iranian market, filling it with surpluses of its pharmaceutical and food products, the two groups of articles on which Instex is cantered”..."
at https://sputniknews.com/analysis/201908021076431583-how-can-russia-undermine-us-plans-for-iran/
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