E.U. leaders struggle to save Iran economic ties from U.S. sanctions


(Worthy News) – European Union leaders agreed on Wednesday to try to keep the Iran nuclear deal alive and maintain their reviving economic cooperation with Tehran after U.S. President Donald Trump withdrew from the pact.

But the 28 EU leaders did not make any quick decisions during their first meeting on the matter since Trump quit the accord earlier this month, highlighting how U.S. clout in international trade and finance limits the Europeans’ scope for action.

That was quickly brought home by the French energy giant Total which joined other European companies in signaling on Wednesday they could exit Iran.

“As long as Iran respects the provisions of the deal, the EU will also respect it,” said Donald Tusk, president of the European Council and chairman of the leaders’ gathering in the Bulgarian capital Sofia. [ Source: Jerusalem Post (Read More…) ]

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