European signatories to Iran nuclear deal condemn new US sanctions

Source: European signatories to Iran nuclear deal condemn new US sanctions | The Times of Israel

France, UK, Germany and EU ‘deeply regret’ American measures, call accord ‘essential for the security of Europe, the region and the whole world’

From left, European Union foreign policy chief Federica Mogherini, Iranian Foreign Minister Javad Zarif, French Foreign Minister Jean-Yves Le Drian, German Foreign Minister Heiko Maas and British Foreign Secretary Boris Johnson pose for a photo during a meeting of the foreign ministers at the Europa building in Brussels, on May 15, 2018. (AP Photo/Olivier Matthys, Pool)

From left, European Union foreign policy chief Federica Mogherini, Iranian Foreign Minister Javad Zarif, French Foreign Minister Jean-Yves Le Drian, German Foreign Minister Heiko Maas and British Foreign Secretary Boris Johnson pose for a photo during a meeting of the foreign ministers at the Europa building in Brussels, on May 15, 2018. (AP Photo/Olivier Matthys, Pool)

PARIS — France, Germany, Britain and the European Union issued a joint condemnation Friday of the US move to place fresh sanctions on the Iranian economy, vowing to protect European companies doing “legitimate” business with Tehran.

“We deeply regret the reimposition of sanctions by the United States stemming from their withdrawal from the Joint Comprehensive Plan of Action,” the statement said in reference to the hard-fought 2015 nuclear deal with Iran.

Struck between world powers and Tehran after years of fraught negotiations, the deal was aimed at limiting Iran’s nuclear capabilities in exchange for sanctions relief.

But US President Donald Trump announced in May that he was walking away from the deal and would reimpose sanctions, leaving the EU scrambling to protect companies that have forged trade links with Iran.

US President Donald Trump is flanked by US Secretary of State Mike Pompeo, left, as he speaks during a press conference after a summit of heads of state and government at NATO headquarters in Brussels, Belgium, on July 12, 2018. (AP Photo/Geert Vanden Wijngaert)

Friday’s statement from EU nations defended the deal as “essential for the security of Europe, the region and the whole world.”

“Our objective is to protect European economic actors involved in legitimate commercial trade with Iran,” it added.

Europe will also seek to “maintain financial channels operational with Iran and to ensure the continuation of Iranian oil and gas exports,” it said.

US officials said Friday that Washington was adding 700 individuals and entities to its Iran blacklist and pressuring the global SWIFT banking network to cut off Tehran when expanded sanctions are put in place next week.

US Secretary of State Mike Pompeo said the sanctions were aimed at getting Tehran to halt its nuclear activities and what the US says is broad support for terrorism in the region.

The EU says 12 consecutive reports from the International Atomic Energy Agency show that Iran has stuck to the terms of the deal.

 

Explore posts in the same categories: Uncategorized

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s