Published: Tue, May 15, 2018
Money | By Hannah Jacobs

Macron calls friend Trump, angry over his Iran nuclear move

Macron calls friend Trump, angry over his Iran nuclear move

European countries and companies that continue to do business with Iran could face U.S. sanctions, National Security Adviser John Bolton said Sunday.

Russian Foreign Minister Sergey Lavrov and his Iranian counterpart Mohammad Javad Zarif on Monday discussed the future of Iran nuclear deal after the USA withdrawal.

JCPOA was implemented in 2016 after five permanent members of UN Security Council, China, France, Russia, United Kingdom and U.S. plus Germany reached an agreement with Rouhani's government to lift global sanctions imposed on the Islamic Republic in exchange for Tehran to curb its nuclear program.

Trump's decision to pull the USA out of the Iran nuclear came despite pleas from European allies to remain in the Obama-era agreement.

"The wealth that was created in Iran as a result of the JCPOA drove Iranian malign activity". Then he left Moscow for Brussels where he is slated to meet with the foreign ministers of UK, Germany, and France as well as the EU High Representative Mogherini.

Russian President Vladimir Putin has already spoken with Germany's Angela Merkel and Turkey's Recep Tayyip Erdogan about the efforts, after voicing his "deep concern" over US President's Donald Trump's decision.


Tehran has warned it is preparing to resume "industrial-scale" uranium enrichment "without any restrictions" unless Europe can provide solid guarantees that it can maintain the economic benefits it gained from the nuclear agreement despite the U.S. reimposing sanctions.

They include retaliatory sanctions, allowing the European Investment Bank to invest directly in Iran and co-ordinating euro-denominated credit lines from European governments.

At a dinner among the four countries' foreign ministers and the EU's top diplomat, the European powers will say that they stick by the terms of the 2015 pact giving Iran sanctions relief in return for an end to its nuclear ambitions.

Mr Zarif also discussed the agreement with his Russian counterpart, Foreign Minister Sergey Lavrov, on Monday. In the past, the European Union has also lodged complaints at the World Trade Organization.

Zarif later told a joint news conference with Lavrov that "the final aim of these negotiations is to seek assurances that the interests of the Iranian nation will be safeguarded".

Le Drian expressed France's "determination to fight" so that the USA decisions don't hurt those companies that have invested in Iran. "We will try to uphold our side of the bargain".


"The consequences of American sanctions go well beyond goods shipped by American companies, " Bolton said.

Minister for trade and export David Parker last week said it was still unclear to the nations who remained in the nuclear agreement what exports or trade were at risk when associating with Iran.

"The Europeans, after the withdrawal of the USA from the deal, have found themselves forced to save the Joint Cooperative Plan of Action themselves", he added.

Trump denounced the accord, completed under his predecessor Barack Obama, as a "horrible, one-sided deal that should have never, ever been made" as it did not cover Iran's ballistic missile programme or its role in Middle East conflicts.

But European diplomats were despondent.


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