Tuesday, 16 October, 2018

Macron: EU summit decides to back JCPOA

Trump Macron GETTYDonald Trump has been criticised by Emmanuel Macron for moving the country's embassy
Steven Clarke | 17 May, 2018, 14:01

Germany pushed back against Washington's rejection of historic Iran nuclear deal on Wednesday, saying the accord helped world leaders deal with concerns it has with the Islamic Republic.

"This agreement is everything other than ideal, but Iran is, according to all the knowledge of the global nuclear authorities, sticking to the commitments of the agreement".

On May 11, Merkel criticized the decision of US President Donald Trump to withdraw the United States from the agreement with Iran, as she said, 'it is wrong to unilaterally cancel a pact unanimously approved by the Security Council of United Nations'.

"International companies with interests in many countries make their own choices according to their own interests". The US Treasury Department said it would give European businesses six months to wind up their investments in the country or risk US sanctions - forbidding them from signing new contracts. "We promised to take political measures that would allow our enterprises to stay in Iran", he said.

France, Macron said, backed proposals by the European Commission to protect and compensate European companies that might be hit by U.S. sanctions for trading with Iran.

"But what is important is that companies, and especially medium-sized companies which are perhaps less exposed to other markets, American or others, can make this choice freely".

Keanu Reeves and Winona Ryder Bring Hilarious Bitterness to 'Destination Wedding'
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Total on Wednesday said it might quit a multi-billion-dollar gas project unless it secured a waiver from United States sanctions.

"We've had a vibrant discussion on Iran".

"We have made a decision to support the Iran deal despite the USA actions".

They are all but certain to fall short of the type of firm guarantees that the Iranian authorities have been seeking.

The European Union believes that the Iran nuclear deal (the Joint Comprehensive Plan of Action, JCPOA) should remain in force, despite its drawbacks, German Chancellor Angela Merkel said at an EU - Western Balkans summit in Sofia on Thursday, TASS reports.

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