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EU Lawmakers Back EIB Work in Iran

EU Lawmakers Back  EIB Work in IranEU Lawmakers Back  EIB Work in Iran

EU lawmakers gave approval on Wednesday for the European Investment Bank (EIB) to do business in Iran, overcoming a blocking attempt and keeping alive plans to save the 2015 nuclear deal with Tehran that Washington has abandoned.
The EIB, the European Union’s not-for-profit long term investment arm, is a key pillar of the bloc’s attempts to maintain business links with Iran in the face of Washington’s decision to re-impose sanctions on the Islamic Republic, Reuters reported.  

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