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EU threatens firms that stop doing business with Iran over Trump sanctions

Tehran, European firms that stop doing business with Iran because of re-imposed US sanctions could in turn be sanctioned by the EU, a special adviser to the 28-country bloc's top diplomat has warned.

If EU companies abide by US secondary sanctions they will, in turn, be sanctioned by the EU,' Nathalie Tocci, an aide to EU foreign policy chief Federica Mogherini, told Britain's BBC Radio 4 on Monday night.

She characterized the measures as an attempt to 'protect European companies.

Tocci said the move was 'necessary in order to signal, diplomatically, to the Iranians that Europeans are serious' about trying to salvage the Iran nuclear deal.

Meanwhile, Mogherini told reporters on Tuesday that the EU will do its best to salvage the deal to let the Iranian nation benefit from economic advantages of the agreement.

US President Donald Trump pulled the country out of the deal on May 8, despite the International Atomic Energy Agency's (IAEA) frequent verification of Iran's nuclear program.

Source: Islamic Republic News Agency - IRNA


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