{"id":57857,"date":"2020-09-18T07:00:15","date_gmt":"2020-09-18T05:00:15","guid":{"rendered":"https:\/\/edu.danwatch.dk\/?post_type=undersgelse&#038;p=57857"},"modified":"2021-02-15T13:40:54","modified_gmt":"2021-02-15T12:40:54","slug":"european-attempt-to-facilitate-trading-with-tehran-has-landed-between-a-rock-and-a-hard-place","status":"publish","type":"undersgelse","link":"https:\/\/edu.danwatch.dk\/en\/undersoegelse\/european-attempt-to-facilitate-trading-with-tehran-has-landed-between-a-rock-and-a-hard-place\/","title":{"rendered":"European attempt to facilitate trade with Tehran has landed between a rock and a hard place"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"57857\" class=\"elementor elementor-57857\" data-elementor-post-type=\"undersgelse\">\n\t\t\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-42839aa9 elementor-section-height-min-height elementor-section-content-bottom elementor-section-items-bottom elementor-section-full_width elementor-section-height-default\" data-id=\"42839aa9\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-641eada2\" data-id=\"641eada2\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;none&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-77ccef8d animated-fast elementor-invisible elementor-widget elementor-widget-heading\" data-id=\"77ccef8d\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeInUp&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h6 class=\"elementor-heading-title elementor-size-default\">A Danwatch investigation<\/h6>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-31c45f57 overskrift-negativ elementor-widget elementor-widget-heading\" data-id=\"31c45f57\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">European attempt to facilitate trade with Tehran has landed between a rock and a hard place<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-66a7e2be\" data-id=\"66a7e2be\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-22d1804 elementor-hidden-phone elementor-invisible elementor-widget elementor-widget-text-editor\" data-id=\"22d1804\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeInRight&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>European trade with Iran has dwindled to a trickle since the US left the nuclear deal with Iran and reimposed sanctions on all companies doing business with Iran\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-669f2945 elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"669f2945\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-6ce87d81\" data-id=\"6ce87d81\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2c0f1bb elementor-widget elementor-widget-template\" data-id=\"2c0f1bb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"template.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-template\">\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-6855ac7d elementor-reverse-mobile elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6855ac7d\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-24ab77fc fjernbaggrund\" data-id=\"24ab77fc\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-355e296b elementor-widget elementor-widget-spacer\" data-id=\"355e296b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4673960 elementor-widget elementor-widget-toggle\" data-id=\"4673960\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"toggle.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-toggle\">\n\t\t\t\t\t\t\t<div class=\"elementor-toggle-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-7381\" class=\"elementor-tab-title\" data-tab=\"1\" role=\"button\" aria-controls=\"elementor-tab-content-7381\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon elementor-toggle-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-closed\"><i class=\"fas fa-caret-right\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-opened\"><i class=\"elementor-toggle-icon-opened fas fa-caret-up\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-toggle-title\" tabindex=\"0\">About this investigation<\/a>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<div id=\"elementor-tab-content-7381\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"1\" role=\"region\" aria-labelledby=\"elementor-tab-title-7381\"><ul><li><span style=\"font-weight: 400;\">For months Danwatch and the Iranian exile media Zamaneh have conducted a joint investigation into Novos business in Iran.<\/span><\/li><li><span style=\"font-weight: 400;\">This report is based on an extensive research into thousands of Persian, English and Danish language media reports, annual reports, local and international business registries, statistics, research reports, social media sites, satellite imagery as well as interviews with dozens of experts inside and outside Iran, present and former employees at Novo Nordisk, local diabetes organisations, international NGO\u2019s, diabetes patients in Iran and of course Novo Nordisk.<\/span><\/li><\/ul><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-toggle-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-7382\" class=\"elementor-tab-title\" data-tab=\"2\" role=\"button\" aria-controls=\"elementor-tab-content-7382\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon elementor-toggle-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-closed\"><i class=\"fas fa-caret-right\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-opened\"><i class=\"elementor-toggle-icon-opened fas fa-caret-up\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-toggle-title\" tabindex=\"0\">Do you know more?<\/a>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<div id=\"elementor-tab-content-7382\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"2\" role=\"region\" aria-labelledby=\"elementor-tab-title-7382\"><p>If you have additional information that could help qualify this report please do not hesitate to contact us at <a href=\"mailto:caa@edu.danwatch.dk\">caa@edu.danwatch.dk<\/a> or through our secure <a href=\"https:\/\/edu.danwatch.dk\/?ee_search_query=%7B%22s%22%3A%22terma%22%7D&amp;s=terma#\">tip service<\/a><\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-6403cfed\" data-id=\"6403cfed\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6b11a856 elementor-widget elementor-widget-text-editor\" data-id=\"6b11a856\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Since the US reinstated economic sanctions on Iran it has been next to impossible for European companies to maintain trade relations with Tehran. Import as well as export to the Islamic Republic has plummeted according to Eurostat and the transfer of money in or out of Iran has practically stopped.<\/p><p>After a lot of head scratching European leaders presented a new initiative called INSTEX as the great solution to solve the problem, offering moneyless trade between Europe and Iran.\u00a0\u00a0<\/p><p>But according to experts, business organisations, and diplomats the brainchild of France, Germany and the UK has failed completely.<\/p><p>\u201cThe major EU countries have with great fanfare established the INSTEX mechanism, but it does not work. It is simply not a very effective instrument\u201d, Rasmus Elling, Iran expert and associate professor at Institute for Crosscultural and Regional Studies at University of Copenhagen says.<\/p><h4>Proof of existence<\/h4><p>\u201cINSTEX has successfully concluded its first transaction, facilitating the export of medical goods from Europe to Iran. These goods are now in Iran.\u201d\u00a0<\/p><p>The first moneyless trade deal with Iran was <a href=\"https:\/\/www.auswaertiges-amt.de\/en\/newsroom\/news\/instex-transaction\/2329744\" target=\"_blank\" rel=\"noopener\">announced <\/a>by the German Ministry of Foreign Affairs on the 31st of March 2020 and the news echoed among businesses and in the corridors of European government.<\/p><p>Practically no one else noticed though, maybe due to the corona pandemic or maybe\u00a0 because of the extreme scarcity of information.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-d6238a4 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"d6238a4\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-4e80b06 fjernbaggrund\" data-id=\"4e80b06\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b4941e5 elementor-widget elementor-widget-spacer\" data-id=\"b4941e5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-679d215 elementor-widget elementor-widget-text-editor\" data-id=\"679d215\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h2><img decoding=\"async\" class=\"wp-image-57865 alignnone\" src=\"https:\/\/edu.danwatch.dk\/dw-content\/uploads\/2020\/08\/Instex-logo-450x282.jpg\" alt=\"\" width=\"142\" height=\"89\" srcset=\"https:\/\/edu.danwatch.dk\/dw-content\/uploads\/2020\/08\/Instex-logo-450x282.jpg 450w, https:\/\/edu.danwatch.dk\/dw-content\/uploads\/2020\/08\/Instex-logo.jpg 703w\" sizes=\"(max-width: 142px) 100vw, 142px\" \/><\/h2><h2>Who owns INSTEX<\/h2><p>INSTEX is a barter office dedicated to facilitating trade between the European countries and Iran. It was <a href=\"https:\/\/www.diplomatie.gouv.fr\/en\/country-files\/iran\/news\/article\/joint-statement-on-the-creation-of-instex-the-special-purpose-vehicle-aimed-at\" target=\"_blank\" rel=\"noopener\">founded <\/a>by France, Germany and the UK in January 2019 as a private shareholders company according to French law. <br \/>It is headquartered at a very discreet adress in Paris. The CEO of INSTEX is former german banker Per Fischer.\u00a0\u00a0<\/p><p>In Iran the INSTEX office is mirrored by the STFI (SATMA in Persian) (Special Trade and Finance Instrument) headed by former banker Ali Asghar Noori.\u00a0\u00a0<\/p><p>Instex is owned by the following countries:\u00a0\u00a0<\/p><ul><li>France<\/li><li>Germany<\/li><li>United Kingdom\u00a0<\/li><li>Belgium<\/li><li>Holland<\/li><li>Norway\u00a0<\/li><li>Denmark\u00a0<\/li><\/ul><h5>Sources: <a href=\"https:\/\/instex-europe.com\/\" target=\"_blank\" rel=\"noopener\">INSTEX<\/a><\/h5>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-5525138\" data-id=\"5525138\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6b47823 elementor-widget elementor-widget-text-editor\" data-id=\"6b47823\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>No company, no goods and no amount of money involved was made public, making the details of the deal a well kept secret until this day.<\/p><p>But the purpose was clear. Germany, France and the UK, the three founding fathers of the\u00a0 INSTEX barter office, wanted to prove that the unusual creation invented to facilitate European trade with Iran could actually work.\u00a0<\/p><h4>A lone swallow<\/h4><p>So far the secret German deal with Teheran remains a lone swallow.\u00a0\u00a0<\/p><p>And one swallow doesn\u2019t make ao summer, as an investigation conducted by Danwatch and the Iranian exile media Zamaneh shows.\u00a0<\/p><p>In reality Denmark and other European countries are spending taxpayers\u2019 money financing a mechanism that simply does not work.\u00a0 According to economists, diplomats and experts on trade and Iran, the system that was built\u00a0 to preserve the Euro-Iranian relationship has proven utterly useless.<\/p><p>Djavad Isfahani, professor and Iran economist at University of Virginia, US, expresses what most businesses and experts answer when confronted with the meagre amount of deals, so far conducted by INSTEX.<\/p><p>\u201cINSTEX has a lot of potential, but\u00a0 is not worth anything at the moment\u201d, he says.\u00a0<\/p><p>Economist Mahdi Ghodi from the Vienna Institute for Economic Studies is specialised on Iran and confirms the assessment.<\/p><p>\u201cINSTEX is an innovative approach to a serious challenge, but it has not yet managed to render the benefits it was supposed to. So far it has not been able to convince companies to do business with Iran,\u201d he says.<\/p><h4>Preserving the nuclear deal\u00a0<\/h4><p>An email address at a rather empty <a href=\"https:\/\/instex-europe.com\/\" target=\"_blank\" rel=\"noopener\">website <\/a>and an office &#8211; at first hidden inside the French Ministry of Finance at 139 Rue de Bercy, Paris and later moved to an anonymous apartment building at 25, Rue de la Reynie.\u00a0<\/p><p>This is what INSTEX looks like when you try to uncover the discreet home of INSTEX on the internet.<\/p><p>The physical existence of INSTEX might be next to invisible but trumpets sounded loud and clear when the initiative was announced in november 2019.<\/p><p>The EU could not agree to back the creation of INSTEX, so France, Germany, and the UK took matters into their own hands and founded a private company, meant to salvage\u00a0 European trade with Tehran in the face of US sanctions &#8211; and persuade Iran to stay in the 2015 nuclear <a href=\"https:\/\/www.bbc.com\/news\/world-middle-east-33521655\" target=\"_blank\" rel=\"noopener\">deal <\/a>signed by the major world powers and Iran.<\/p><p>\u201cWith their resolute commitment and continued efforts\u201d they aimed to \u201cpreserve the nuclear\u00a0 deal with Iran\u201d, a joint statement issued by the foreign ministers of France, Germany and the UK read.\u00a0\u00a0<\/p><p>And Denmark was a keen supporter along with Holland, Belgium and Norway. With a sum of 2,5 million DKK Danmark <a href=\"https:\/\/www.ft.dk\/RIPdf\/samling\/20191\/aktstykke\/aktstk142\/20191_aktstk_anmeldt142.pdf\" target=\"_blank\" rel=\"noopener\">decided<\/a> to become a shareholder of INSTEX Minister of foreign Affairs Jeppe Kofod announced.<\/p><p>\u201cWe believe that Denmark and Europe have a clear security interest in maintaining the nuclear agreement,\u201d Kofod <a href=\"https:\/\/www.avisen.dk\/danmark-bliver-del-af-initiativ-om-handel-med-iran_576634.aspx\" target=\"_blank\" rel=\"noopener\">said <\/a>to the national Danish news agency Ritzau.<\/p><p>\u201cThe agreement is our best way to ensure that Iran does not develop nuclear weapons and to prevent further escalations in the region.\u201d<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-3a683b6 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3a683b6\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-f76b7c0 elementor-hidden-tablet elementor-hidden-phone\" data-id=\"f76b7c0\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-15336db elementor-widget elementor-widget-spacer\" data-id=\"15336db\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-e54de80\" data-id=\"e54de80\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-dcb2ea5 elementor-widget elementor-widget-text-editor\" data-id=\"dcb2ea5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>FACTS<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8eab7b6 elementor-widget elementor-widget-heading\" data-id=\"8eab7b6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-xl\">How does INSTEX work?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e835e37 elementor-widget elementor-widget-text-editor\" data-id=\"e835e37\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">The INSTEX trade mechanism was launched in January 2019 with the aim of facilitating European trade with Iran. The idea is to avoid the transfer of money between Iran and the EU countries as international banks are afraid of US sanctions.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5dca727 elementor-widget elementor-widget-jet-video\" data-id=\"5dca727\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"jet-video.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-jet-video jet-elements\">\n<div class=\"jet-video jet-video--fa5-compat\" data-settings=\"{&quot;lightbox&quot;:false,&quot;autoplay&quot;:false}\"><video class=\"jet-video-player jet-video-mejs-player jet-video-custom-play-button\" src=\"https:\/\/edu.danwatch.dk\/dw-content\/uploads\/2041\/08\/INSTEX_NEW.mp4\" controls=\"\" playsinline=\"\" poster=\"https:\/\/edu.danwatch.dk\/dw-content\/uploads\/2041\/08\/Untitled_Artwork-4.png\" style=\"max-width: 100%;\" data-controls=\"[&quot;playpause&quot;,&quot;current&quot;,&quot;progress&quot;,&quot;duration&quot;]\"><\/video>\n<div class=\"jet-video__overlay jet-video__overlay--custom-bg\" style=\"background-image: url(https:\/\/edu.danwatch.dk\/dw-content\/uploads\/2041\/08\/Untitled_Artwork-4-1200x676.png);\">\n<div class=\"jet-video__play-button\" role=\"button\" tabindex=\"0\" aria-label=\"Video play button\"><span class=\"jet-elements-icon jet-video__play-button-icon\"><i aria-hidden=\"true\" class=\"fas fa-play\"><\/i><\/span>\t<span class=\"elementor-screen-only\">Play Video<\/span>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-11e43d4 elementor-widget elementor-widget-text-editor\" data-id=\"11e43d4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Sources: Danish Ministry of Foreign Affairs, INSTEX<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-69944a4\" data-id=\"69944a4\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-4325a930 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4325a930\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-7beab68e fjernbaggrund\" data-id=\"7beab68e\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-55ac5fd7 elementor-widget elementor-widget-spacer\" data-id=\"55ac5fd7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-7c850056\" data-id=\"7c850056\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-17e87802 elementor-widget elementor-widget-text-editor\" data-id=\"17e87802\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h4>Smart but useless<\/h4><p>The idea of INSTEX is to make it possible to trade with Iran without transferring money across the Iranian border.\u00a0<\/p><p>J\u00f8rn Fredsgaard, senior analyst at the Danish Export Credit Institution offering loans and garanties to companies doing business abroad explains how the INSTEX system works.<\/p><p>\u201cIt is a kind of an exchange center that works with vouchers instead of money. When an Iranian company exports a commodity to Europe the payment will be a voucher which the company can use to pay for some other commodity that it might want to import from Europe. It is quite clever making it possible to trade without money,\u201d he says.<\/p><p>The reason for the special set up is the American sanctions targeting all companies,\u00a0 institutions or individuals doing business with the Iranian state &#8211; including foreign companies and foreign banks.\u00a0<\/p><p>These secondary sanctions have effectively eroded the global SWIFT money transfer system and left companies trading with Iran with no other option than bringing foreign cash into Iran in suitcases or pay via middle men in third countries, hoping no one notices.<\/p><p>But for several reasons INSTEX never really worked.<\/p><h4>Fear of even trying<\/h4><p>The main reason for this is fear, says Iran economist Djavad isfahani. Fear that the US will punish any country or company that dare use the mechanism to do business with the clerical regime of Iran.<\/p><p>\u201cIf the European governments and companies were not so afraid of the US, it could work\u201d, Isfahani says.<\/p><p>\u201cBut they are not willing to challenge the US. If the European countries were braver they could set up assurance garanties for companies trading with Iran. It&#8217;s not rocket science, it could be done. Or Europe could buy Iranian oil in advance to make it work\u201d.<\/p><p>He thinks that the EU countries behind INSTEX ought to challenge Washington and insist on keeping Iran in the European loop.<\/p><p>Economist Mahdi Ghodi as well as Rasmus Elling,\u00a0 a long term observer of Iran-EU relations agrees.<\/p><p>\u201cIf a company has any kind of business with Iran today they risk being punished. The US sanctions are designed in a very opaque way making it very difficult for companies to find out whether they are violating sanctions or not. The rules are also constantly changing and new names are constantly appearing on the list of designated persons and entities\u201d, he says.<\/p><p>\u201cTherefore most companies choose to not even try\u201d.<\/p><p>In Denmark, this is definitely the case, says J\u00f8rn Fredsgaard.\u00a0\u00a0<\/p><p>\u201cFormally companies can use INSTEX, but there are clearly some challenges &#8211; partly because INSTEX initially focuses on trade that is already permitted by the US\u201d, he says.<\/p><p>According to the US Treasury medical products, food and other humanitarian supplies are exempted from sanctions.\u00a0<\/p><h4>David and Goliath<\/h4><p>The other major challenge to INSTEX is the lack of parity in EU-Iran trade. Iran simply buys a lot more from Europe than the other way around.\u00a0<\/p><p>And this presents a financial problem for the INSTEX office that has to give out vouchers to both sides.<\/p><p>At the moment this problem is exacerbated by Iran not being able to sell its oil and natural gas to Europe as the US is <a href=\"https:\/\/www.euractiv.com\/section\/energy\/news\/us-will-sanction-whoever-purchases-irans-oil-official-says\/\" target=\"_blank\" rel=\"noopener\">targeting<\/a> anyone that imports it.\u00a0<\/p><p>\u201cAs long as there is no balance between import and export from Iran to Europe, INSTEX will not work\u201d, says Rasmus Elling.\u00a0<\/p><p>\u201cIran is trying to diversify its production and has succeeded partly in the production of metals, semi-finished products and medicines. But the only thing that really can change this balance is Iran being able to sell its oil to Europe\u201d.<\/p><p>At the moment Iran is selling its oil to China instead, he says.\u00a0\u00a0<\/p><h4>Iran is not fooled<\/h4><p>Right from the start, the aim of INSTEX was clear. The purpose was to keep Iran in the nuclear deal with promises of trade benefits. But the promises seem increasingly empty to the Islamic Republic as trade with Europe is diminishing.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-618715a6 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"618715a6\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-6e795f16 elementor-hidden-tablet elementor-hidden-phone\" data-id=\"6e795f16\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-17a65121 elementor-widget elementor-widget-spacer\" data-id=\"17a65121\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-5778b5f5\" data-id=\"5778b5f5\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-19c7cb7d elementor-widget elementor-widget-text-editor\" data-id=\"19c7cb7d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>TREND<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9f17abd elementor-widget elementor-widget-heading\" data-id=\"9f17abd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-xl\">EU trade with Iran<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6e768b0f elementor-widget elementor-widget-text-editor\" data-id=\"6e768b0f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div id=\"header\" class=\"dw-chart-header\"><p class=\"block description-block\"><span class=\"block-inner\">Sinde 2018 European trade with Iran has plummeted due to US sanctions on all companies doing business with the Islamic Republic, including foreign companies\u00a0\u00a0<\/span><\/p><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c6e60d6 elementor-widget elementor-widget-text-editor\" data-id=\"c6e60d6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<iframe id=\"datawrapper-chart-g8Qie\" style=\"width: 0; min-width: 100% !important; border: none;\" title=\"EU trade with Iran (Euro)\" src=\"https:\/\/datawrapper.dwcdn.net\/g8Qie\/2\/\" height=\"500\" frameborder=\"0\" scrolling=\"no\" aria-label=\"Interactive line chart\"><\/iframe><script type=\"text\/javascript\">!function(){\"use strict\";window.addEventListener(\"message\",(function(a){if(void 0!==a.data[\"datawrapper-height\"])for(var e in a.data[\"datawrapper-height\"]){var t=document.getElementById(\"datawrapper-chart-\"+e)||document.querySelector(\"iframe[src*='\"+e+\"']\");t&&(t.style.height=a.data[\"datawrapper-height\"][e]+\"px\")}}))}();\n<\/script>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-62d68718\" data-id=\"62d68718\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-503506aa elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"503506aa\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-27dfae6b fjernbaggrund\" data-id=\"27dfae6b\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f46ed0c elementor-widget elementor-widget-spacer\" data-id=\"f46ed0c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-2971b200\" data-id=\"2971b200\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3c63be21 elementor-widget elementor-widget-text-editor\" data-id=\"3c63be21\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>According to the EU statistical bureau Eurostat the European export to Iran has plummeted 90 percent from 9,5 billion euro in 2018 to only 0,7 billion in 2019.<\/p><p>And import from Iran shows a similar tendency. In 2019 the 28 EU countries imported commodities worth only 4,5 billion euro compared to 8,9 billion the previous year.<\/p><p>Already when INSTEX was born, scepticism was voiced.<\/p><p>Head of Iran&#8217;s Central Bank, Abdolnasser Hemmati was one of them, saying that the system would never work, as long as the EU cannot import Iranian oil.<\/p><p>\u201cINSTEX needs to be financed by importing oil from Iran to ensure its sustainable operation\u201d, he <a href=\"https:\/\/financialtribune.com\/articles\/business-and-markets\/98698\/import-of-iran-oil-critical-for-success-of-instex\" target=\"_blank\" rel=\"noopener\">said <\/a>according to Financial Tribune suggesting that the European countries could open a long-term credit line for Iran to be repaid with oil import at a later date.<\/p><p>Rasmus Elling confirms that Iranians have long realized that the European countries cannot deliver.<\/p><p>\u201cBut still INSTEX has a value as a token of good faith showing Iran that European countries mean it when they say, they would like to trade with Iran\u201d, he says.\u00a0<\/p><p>But Iranian patience is running low as a televised speech by Iran&#8217;s spiritual leader Ayatollah Ali Khamenei showed in July 2020.<\/p><p>Here, the Supreme Leader was very outspoken on the uselessness of INSTEX, criticizing Europe&#8217;s behavior after the United States pulled out of the nuclear deal in 2018.\u00a0<\/p><p>&#8220;Europeans did nothing&#8221; to assist Iran after the US pullout, he said, according to <a href=\"https:\/\/en.radiofarda.com\/a\/khamenei-rules-out-negotiations-with-us-says-trump-wants-seeks-personal-gain\/30758645.html\" target=\"_blank\" rel=\"noopener\">Radio Farda<\/a>.<\/p><p>&#8220;Their latest initiative was a stupid toy called INSTEX&#8221;,\u00a0 he said characterizing the mechanism as &#8220;nonsense&#8221; adding Europeans did not even try to use INSTEX to help Iran.\u00a0<\/p><h4>Uncertain future<\/h4><p>Danwatch and Zamaneh have repeatedly tried to reach INSTEX for an answer to the criticism but the office in Paris does not answer inquiries from the media.<\/p><p>But business sources and experts agree that the mechanism is not likely to succeed in the near future.<\/p><p>\u201cINSTEX&#8217;s failure is proof of how incredibly difficult it is to escape the unprecedented US sanctions and that will not really change until a new American president is chosen\u201d, Rasmus Elling says.<\/p><p>\u201cEveryone is waiting to see if Biden (US Democratic presidential candidate, Joe Biden edi) will take over\u201d.<\/p><p>However Joe Biden&#8217;s Iran policy is unclear.<\/p><p>In statements he has indicated that he wants the US to reenter the nuclear deal with Iran but whether he intends to soften the grip on Iran&#8217;s economy is unknown.\u00a0<\/p><p>Asked about his position on Iran by the Council of Foreign Relations, a US think tank, Biden <a href=\"https:\/\/www.cfr.org\/article\/presidential-candidates-iran-nuclear-deal\" target=\"_blank\" rel=\"noopener\">said<\/a>:<\/p><p>\u201cIf Iran moves back into compliance with its nuclear obligations, I would re-enter the JCPOA (the nuclear deal) as a starting point to work alongside our allies in Europe and other world powers to extend the deal\u2019s nuclear constraints\u201d.<\/p><p>Economist Djavad Isfahani thinks that INSTEX is worth preserving for the day, US eases its economic grip on Iran.<\/p><p>\u201cAs long as there is such an unpredictable administration in Washington INSTEX is not going to work. But it has potential and Iran has been fairly patient, hoping to keep Europe on the table\u201d, he says.<\/p><p>\u201cIran thinks that with time Europe will come to its senses and then Iran has a good channel to trade with Europe. And INSTEX is an important piece of that puzzle. There is a lot of potential in INSTEX, but it takes courage to use it\u201d.<\/p><p>And so does Esfandyar Batmanghelidj, founder and publisher of Bourse &amp; Bazaar, a media\u00a0 that supports business diplomacy between Europe and Iran.<\/p><p>Batmanghelidji insists that INSTEX has unrealized potential that just need time to blossom:<\/p><p>\u201cINSTEX will not be able to revive the trade lost between Europe and Iran due to sanctions, but it can play an important role in easing the export of products from the EU to Iran, particularly pharmaceutical products for which Europe is Iran&#8217;s most important supplier\u201d, he says.<\/p><p>Economist Mahdi Ghodi agrees.<\/p><p>\u201cWith INSTEXs in place, we have a mechanism to immediately facilitate trade between Iran and the EU as soon as relations between the US and Iran get better. It might even work before all sanction-related prohibitions are eliminated and banking relations with Iran are\u00a0 back to normal\u201d, he says.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-18a48d8 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"18a48d8\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3d8be930\" data-id=\"3d8be930\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-283094ad elementor-widget elementor-widget-template\" data-id=\"283094ad\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"template.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-template\">\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Europe&#8217;s attempt to circumvent US sanctions has been a complete failure according to experts and business organizations. Neither companies nor governments dare challenge the US, they say.<\/p>\n","protected":false},"author":100,"featured_media":58325,"parent":0,"template":"","meta":{"_acf_changed":false,"_gspb_post_css":"","_kad_blocks_custom_css":"","_kad_blocks_head_custom_js":"","_kad_blocks_body_custom_js":"","_kad_blocks_footer_custom_js":"","ghostkit_customizer_options":"","ghostkit_custom_css":"","ghostkit_custom_js_head":"","ghostkit_custom_js_foot":"","ghostkit_typography":"","_ppma_block_editor_authors":""},"categories":[],"tags":[],"branche":[449],"serie":[2010],"genre":[438],"land":[],"serie_fokus":[],"forside":[1717],"tema":[617,615,1530,616],"virksomhed":[2011,2014,650,2013,2012],"ppma_author":[2949],"class_list":["post-57857","undersgelse","type-undersgelse","status-publish","has-post-thumbnail","hentry","branche-trade","serie_el_forside-allied-with-the-ayatollah","genre-investigation","forside-artikel-normal","tema-corruption","tema-discrimination","tema-health","tema-international-law","virksomhed-barakat","virksomhed-nn-pars","virksomhed-novo-nordisk","virksomhed-setad","virksomhed-tadbir","author-charlotte-aagaard"],"acf":[],"taxonomy_info":{"branche":[{"value":449,"label":"Trade"}],"serie_el_forside":[{"value":2010,"label":"Allied with the Ayatollah"}],"genre":[{"value":438,"label":"Investigation"}],"forside":[{"value":1717,"label":"Artikel (normal)"}],"tema":[{"value":617,"label":"Corruption"},{"value":615,"label":"Discrimination"},{"value":1530,"label":"Health"},{"value":616,"label":"International law"}],"virksomhed":[{"value":2011,"label":"Barakat"},{"value":2014,"label":"NN Pars"},{"value":650,"label":"Novo Nordisk"},{"value":2013,"label":"Setad"},{"value":2012,"label":"Tadbir"}],"author":[{"value":2949,"label":"Charlotte Aagaard"}]},"featured_image_src_large":["https:\/\/edu.danwatch.dk\/dw-content\/uploads\/2022\/08\/Iran-harbour-4-13970309000855_Test_NewPhotoFree-e1600094732791.png",1126,624,false],"author_info":{"display_name":"Charlotte Aagaard","author_link":"https:\/\/edu.danwatch.dk\/en\/author\/charlotte-aagaard-2\/"},"comment_info":"","evt_samarbejdspartner_logo":{"ID":"57685","post_author":"2","post_date":"2020-08-21 14:34:20","post_date_gmt":"2020-08-21 12:34:20","post_content":"","post_title":"zamaneh-media-300x300-1","post_excerpt":"","post_status":"inherit","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zamaneh-media-300x300-1","to_ping":"","pinged":"","post_modified":"2020-09-18 10:08:17","post_modified_gmt":"2020-09-18 08:08:17","post_content_filtered":"","post_parent":"57684","guid":"https:\/\/edu.danwatch.dk\/dw-content\/uploads\/2020\/08\/zamaneh-media-300x300-1.png","menu_order":"0","post_type":"attachment","post_mime_type":"image\/png","comment_count":"0","pod_item_id":"57685"},"_links":{"self":[{"href":"https:\/\/edu.danwatch.dk\/en\/wp-json\/wp\/v2\/undersoegelse\/57857","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/edu.danwatch.dk\/en\/wp-json\/wp\/v2\/undersoegelse"}],"about":[{"href":"https:\/\/edu.danwatch.dk\/en\/wp-json\/wp\/v2\/types\/undersgelse"}],"author":[{"embeddable":true,"href":"https:\/\/edu.danwatch.dk\/en\/wp-json\/wp\/v2\/users\/100"}],"version-history":[{"count":0,"href":"https:\/\/edu.danwatch.dk\/en\/wp-json\/wp\/v2\/undersoegelse\/57857\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/edu.danwatch.dk\/en\/wp-json\/wp\/v2\/media\/58325"}],"wp:attachment":[{"href":"https:\/\/edu.danwatch.dk\/en\/wp-json\/wp\/v2\/media?parent=57857"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/edu.danwatch.dk\/en\/wp-json\/wp\/v2\/categories?post=57857"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/edu.danwatch.dk\/en\/wp-json\/wp\/v2\/tags?post=57857"},{"taxonomy":"branche","embeddable":true,"href":"https:\/\/edu.danwatch.dk\/en\/wp-json\/wp\/v2\/branche?post=57857"},{"taxonomy":"serie_el_forside","embeddable":true,"href":"https:\/\/edu.danwatch.dk\/en\/wp-json\/wp\/v2\/serie?post=57857"},{"taxonomy":"genre","embeddable":true,"href":"https:\/\/edu.danwatch.dk\/en\/wp-json\/wp\/v2\/genre?post=57857"},{"taxonomy":"land","embeddable":true,"href":"https:\/\/edu.danwatch.dk\/en\/wp-json\/wp\/v2\/land?post=57857"},{"taxonomy":"serie_fokus","embeddable":true,"href":"https:\/\/edu.danwatch.dk\/en\/wp-json\/wp\/v2\/serie_fokus?post=57857"},{"taxonomy":"forside","embeddable":true,"href":"https:\/\/edu.danwatch.dk\/en\/wp-json\/wp\/v2\/forside?post=57857"},{"taxonomy":"tema","embeddable":true,"href":"https:\/\/edu.danwatch.dk\/en\/wp-json\/wp\/v2\/tema?post=57857"},{"taxonomy":"virksomhed","embeddable":true,"href":"https:\/\/edu.danwatch.dk\/en\/wp-json\/wp\/v2\/virksomhed?post=57857"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/edu.danwatch.dk\/en\/wp-json\/wp\/v2\/ppma_author?post=57857"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}