Iran accuses Europe of insufficient support for nuclear deal

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Iran accuses Europe of insufficient support for nuclear deal
France 24, May 21, 2018

Miguel Arias Canete, European Commissioner for energy and climate, said Tehran wanted the 28-nation bloc to act fast to preserve its oil trade with Iran, and to consider making direct euro-denominated payments for Iranian oil to Iran’s central bank, bypassing the U.S. financial system.

“With the withdrawal of America .... the European political support for the accord is not sufficient,” Mohammad Javad Zarif told Arias Canete in Tehran, Iran’s state news agency IRNA reported.

Since President Donald Trump announced on May 8 that he would pull the United States out of the deal, the U.S. Treasury said Washington would reimpose a wide array of Iran-related sanctions after the expiry of 90- and 180-day wind-down periods, including sanctions aimed at Iran’s oil sector and transactions with its central bank.

The EU leaders have pledged to try to keep Iran’s oil trade and investment flowing, but conceded that would not be easy.

“We have to preserve this agreement so we don’t have to negotiate a new agreement,” Arias Canete told Western journalists after two days of meetings with Iranian officials in Tehran.

“Our message is very clear. This is a nuclear agreement that works.”


More:  http://www.france24.com/en/20180521-iran-nuclear-deal-europe-support-not-enough