https://www.zerohedge.com/news/2019-...sanctions-iran
In a move sure to unleash fury from the Trump administration, the European Union has announced it has set up a transactions channel with Iran to bypass US sanctions. The launch of INSTEX — or "Instrument in Support of Trade Exchanges" — by France, Germany, and the UK will allow non-dollar trade with Iran and is being described as facilitating humanitarian goods-related transactions only, including food, medicine and medical equipment.
Long anticipated, Thursday's EU announcement marks the most concrete action Europe has taken to thwart Washington sanctions after the US pullout of the 2015 nuclear deal last May, and after SWIFT caved to US pressure. Europe is hoping the mechanism will act as a legal means to preventing Tehran from quitting the JCPOA, which promised sanctions relief should the country halt nuclear weapons research and development. INSTEX is expected to receive the formal endorsement of all 28 EU members, which aims to encourage skittish pharmaceutical and agricultural companies to the table with Tehran after many stopped doing business in Iran for fear of US economic retribution.
In plaats van de USA uit SWIFT te gooien lanceert Frankrijk met Duitsland en de UK een alternatief met goedkeuring van de rest van de EU lidstaten.
Nota Bene: SWIFT is van origine Belgisch.
Opmerkelijk is ook dat UK mede het alternatief INSTEX lanceert. Historisch was de UK de cheerleader vazalstaat van de USA.