Of course not, it only applies to UK issued JAA licences, nobody else in Europe does it that way.
The UK National FI rating was issued with limitations that could be removed following additional training. When we changed to JAA licences and ratings the CAA never reprogrammed the computer so the JAA licences have the same limitations. In simple, removing the "No applied IF limitation" is exactly the same as completing the IRI course.
THe reference to having enough IF hours is again a UK thing! Because we do not log time in accordance with IFR, the CAA agreed to accept time by sole reference to instruments which we do log, on a 4:1 ratio, so that 50 hours by sole reference equates to 200 hours IFR. Other European countries will not do it this way.
You would be better to qualify to teach instrument flying before completing the ME Instructor course as there is not much chance of teaching ME IF without the relevant SE experience.