EU says it deeply regrets reimposed U.S. sanctions on Iran
Source: The Hill
AUGUST 6, 2018 / 5:59 AM / UPDATED 3 HOURS AGO
Reuters Staff
BRUSSELS (Reuters) - The European Union on Monday said it deeply regretted the re-imposition of sanctions by the United States on Iran, adding it and other signatories would work on keeping financial channels with Iran open.
The remaining parties to the JCPOA have committed to work on, inter alia, the preservation and maintenance of effective financial channels with Iran, and the continuation of Irans export of oil and gas, the European Unions foreign service said in a statement, referring to the acromym for the nuclear deal struck with Iran in 2015.
The United States intends to fully enforce sanctions due to be reimposed against Iran early this week on orders from U.S. President Donald Trump, Secretary of State Mike Pompeo said on Sunday.
Reporting by Robert-Jan Bartunek; editing by Foo Yun Chee
Read more: https://www.reuters.com/article/us-iran-nuclear-usa-eu/eu-says-it-deeply-regrets-reimposed-u-s-sanctions-on-iran-idUSKBN1KR0XI?il=0
Wellstone ruled
(34,661 posts)Trumped. Our Allies are moving to prevent the Middle East from blowing up.
BlueMTexpat
(15,371 posts)of the world will continue to work together while the US gets left in the dust.
Trump and his minions and sycophants MUST GO!
muriel_volestrangler
(101,349 posts)The lifting of nuclear-related sanctions is an essential part of the deal it aims at having a positive impact not only on trade and economic relations with Iran, but most importantly on the lives of the Iranian people. We are determined to protect European economic operators engaged in legitimate business with Iran, in accordance with EU law and with UN Security Council resolution 2231. This is why the European Unions updated Blocking Statute enters into force on 7 August to protect EU companies doing legitimate business with Iran from the impact of US extra-territorial sanctions.
The remaining parties to the JCPOA have committed to work on, inter alia, the preservation and maintenance of effective financial channels with Iran, and the continuation of Iran's export of oil and gas. On these, as on other topics, our work continues, including with third countries interested in supporting the JCPOA and maintaining economic relations with Iran. These efforts will be intensified and reviewed at Ministerial level in the coming weeks.
Preserving the nuclear deal with Iran is a matter of respecting international agreements and a matter of international security.
https://eeas.europa.eu/headquarters/headquarters-homepage/49141/joint-statement-re-imposition-us-sanctions-due-its-withdrawal-joint-comprehensive-plan-action_en