EU hails system to trade with Iran despite sanctions, but warns it over missiles


(Worthy News) - The EU warned Tehran over its ballistic missile program and interference in the Syria conflict Monday, while welcoming a new mechanism to trade with Iran while bypassing US sanctions.

In a long-awaited statement on Iran that has been the subject of more than a week of wrangling in Brussels, the EU restated its commitment to saving the 2015 nuclear deal with Iran and took aim at Washington for abandoning the pact and reimposing sanctions.

The bloc hailed the creation last week by France, Britain and Germany of a system to allow firms to trade with Iran without falling foul of US sanctions as vital to supporting legitimate business and said the “resolve to complete this work is unwavering.” [ Source: Times of Israel (Read More...) ]

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