IRNA - Permanent Representative of Germany to the United Nations says that the Joint Comprehensive Plan of Action (JCPOA) is still alive because the parties to the agreement want to maintain it.

Christoph Heusgen Friday evening after the press conference with his French counterpart to explain the program during its chairmanship in March and April, in response to the question of his program as President of the Security Council to keep JCPOA expressed his idea.

France and Germany hold the presidency of the Security Council in March and April. As two EU members, they are trying to track the plans of these two months in coordination.

On January 31, the UK, Germany and France (the European Union signatories of the nuclear deal) launched a special purpose vehicle (SPV) dubbed the Instrument in Support of Trade Exchanges (INSTEX) in order to facilitate legal trade with Iran.

France agreed to take the SPV under its jurisdiction, while Iran is expected to establish a similar entity. The vehicle should support technical opportunities of making transactions with Tehran and does not relieve those using it from the US sanctions.