Germany does not want to abandon a joint comprehensive plan of action on the Iranian nuclear program, advises the United States not to do so, said Foreign Minister of Germany Zigmar Gabriel, RIA Novosti reported.
The European Union could put in place regulations to protect its firms doing business in Iran if the United States withdraws from the 2015 nuclear deal and restores extraterritorial sanctions, a senior EU official said.
In a major interview given to French newspaper Le Monde looking at Total’s strong performance in 2017, CEO Patrick Pouyanné was asked about the “American threat” to the company’s “important gas project” in Iran.
Many foreign companies returned to Iran’s largely untapped market after the signing of the Joint Comprehensive Plan of Action (JCPOA) in July 2015. The landmark deal took effect six months later, and lifted international sanctions in exchange for restrictions on Iran’s nuclear program. The deal has helped bring economic benefits for Iran, including the opening up of the chance to attract foreign direct investment.
A senior member of the European Parliament said the EU strongly supports the 2015 nuclear deal between Iran and world powers, calling for closer ties with Tehran within the framework of the landmark accord.
(By Ellie Geranmayeh*)
The last time Europe was tested so heavily by a US president was prior to the 2003 invasion of Iraq. Ever since, members of the European foreign-policy elite have questioned whether the continent failed to adequately push back against this disastrous decision, which proved so costly for European interests. European leaders should heed past experience and take a firmer stand against Donald Trump's dangerous policy toward Iran that risks another confrontation in the Middle East.
France's foreign minister insisted on Tuesday that "signatories must stand by their word" amid efforts by his American counterpart to convince European allies to add tough new requirements to the Iran nuclear deal.