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Georgia Committed to Trade Agreements

Georgia Committed to Trade AgreementsGeorgia Committed to Trade Agreements

The Georgian ambassador to Iran said his country will live up to its cooperation agreements with Iran if the European Union (EU) also remains committed to its deals following the US exit from the nuclear agreement.

Speaking to the Tasnim News Agency, Ioseb Chakhvashvili said the fate of two-way economic relations will become clear in coming months, adding that “if Europe remains in its deals with the Islamic Republic, Georgia will do likewise.”

“For now, Georgia is cooperating with Iran and the EU will also work with Iran and there is no talk about suspending contracts between Tehran and Tbilisi,” he said.

The envoy billed bilateral relations as good and said the two countries would continue cooperation to the best of their ability.

Some foreign companies have left Iran after the US government reimposed sanctions.

US President Donald Trump on August 6 signed an executive order reinstituting economic sanctions on Iran, three months after pulling out of a landmark nuclear deal.

He said the US policy is to impose “maximum economic pressure” on Iran.

 

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