Decision time for the EU on Iran: INSTEX vs the FATF


UANI President David Ibsen writes: "Rarely has Europe’s wrong-headed attitude to Iran been more apparent than in the past few weeks. On the one hand, the hearings which ultimately saw Josep Borell appointed as the EU’s next top diplomat generated plenty of high minded chatter about Europe’s responsibility to act as guardian of the rule-based international order. On the other, the Financial Action Task Force (FATF) was forced to limply grant Tehran a further extension of suspended sanctions, despite the fact that the Islamic Republic has once again failed to reform its financial system and renounce its connection to terror groups such as Hezbollah."