Zarif: Europe Needs to Step Up Efforts to Save Nuclear Deal

Foreign Minister Mohammed Javad Zarif said on Sunday that the newly established mechanism for trade with Iran has fallen short and urged Europe to show more determination to salvage the 2015 nuclear deal following the US exit. 
“Many around the world … speak eloquently about multilateralism, but they also need to walk the talk. For instance, INSTEX falls short of the E3 commitments to save JCPOA. Europe needs to be willing to get wet, if it wants to swim against the dangerous tide of US unilateralism,” he said in a speech at the 55th Munich Security Conference.
The chief diplomat was referring to the Instrument in Support of Trade Exchanges, a new channel for non-dollar trade with Iran that France, Germany and Britain have opened to get around the sanctions, reimposed on Iran after the US in May abandoned the agreement—officially known as the Joint Comprehensive Plan of Action.