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Federica Mogherini
Federica Mogherini
Thursday, May 17, 2018

EU Floats 9-Point Plan to Save Iran Nuclear Deal

Mogherini said EU experts are aiming to come up with concrete proposals in the coming weeks on nine key issues, including ensuring Iran could sell its oil and gas products and have access to international finance
German exports to Iran totaled nearly €3 billion in 2017, while French exports soared from €562 million in 2015 to €1.5 billion in 2017 and oil giant Total has pledged to invest some $5 billion in the South Pars Gas Field
Thursday, May 17, 2018

EU Floats 9-Point Plan to Save Iran Nuclear Deal

The European Union on Tuesday launched work on a nine-point economic plan to keep the Iran nuclear deal alive after the abrupt withdrawal of the United States.
Europe is scrambling to come up with ways to persuade Iran to stick with the landmark 2015 agreement despite US President Donald Trump's unilateral annulment a week ago, AFP reported.
Tehran has warned it is prepared 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 Washington's reimposition of sanctions.
Iranian Foreign Minister Mohammad Javad Zarif met EU foreign policy chief, Federica Mogherini, and his counterparts from Britain, France and Germany—the three European signatories to the pact—in Brussels on the last leg of a whirlwind diplomatic tour that also took in Russia and China, the two other signatory nations.
Mogherini said EU experts were aiming to come up with concrete proposals in the coming weeks on nine key issues, including ensuring Iran could sell its oil and gas products and have access to international finance.
"I believe it's a good start. We're not there; we're beginning the process," Zarif told reporters after the talks.

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