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EU says it deeply regrets US decision to reimpose Iranian sanctions

Tuesday, 7 August, 2018 - 15:57

The EU  has said it “deeply regrets” the decision of the United States to reimpose sanctions against Iran, which came into force on Tuesday.

“We deeply regret the reimposition of sanctions by the United States, because of the withdrawal of the latter from the Joint Global Action Plan (JCPOA, the official name of the Iranian nuclear agreement),” said Foreign Ministers from France, Germany and the United Kingdom, the three EU countries involved in the conclusion of the agreement reached in 2015, in a joint statement with the head of EU diplomacy Federica Mogherini.

“We are determined to protect European economic operators engaged in legitimate business with Iran, in accordance with EU law and UN Security Council Resolution 2231,” the statement said. “This is why the blocking status updated by the European Union comes into force on August 7, in order to protect EU companies that are doing legitimate business with Iran against the consequences of US extraterritorial sanctions” said the signatories of the EU declaration. “We expect Iran to continue to fully implement all its nuclear commitments under the JCPOA,” they added.

“The lifting of nuclear sanctions is an essential element of the agreement – it aims to have a positive impact not only on trade and economic relations with Iran, but especially on the life of the Iranian people,” said the joint statement.

“The other parties to the JCPOA (China and Russia) have pledged to work, inter alia, to preserve and maintain effective financial channels with Iran and to continue Iran’s oil and gas exports. On these issues, as on other topics, our work continues, including with third countries interested in supporting the JCPOA and maintaining economic relations with Iran,” said the Europeans. “These efforts will be intensified and re-examined at ministerial level in the coming weeks,” they added.


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