Europe undertakes to uphold Iran nuclear deal

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Europe undertakes to uphold Iran nuclear deal

On May 8, the US President Donald Trump put an end to Washington's commitments under the nuclear deal walking away from the Joint Comprehensive Plan of Action (JCPOA), reached in 2015 between Tehran and the six world powers. The E.U. exported €10.8 billion in goods to Iran in 2017, and a number of European companies, including Siemens and Airbus, have signed deals with Iran.

France's finance minister says European countries should push back harder against the Trump administration over the Iran nuclear deal and not act as "vassals" to the U.S.

Changing the regime in Iran is "not the policy of the administration", Bolton said on ABC. Bill Clinton and Obama appeased NK and Iran and you see the mess we are in with both countries. "I think that will sink in; we'll see what happens then", Bolton said.

Bolton also highlighted the U.S.'s ability to resume sanctions against Iran now that they've pulled out of the nuclear deal - and suggested sanctions could be coming against the U.S.'s allies as well.

President Donald Trump's decision to withdraw from the 2015 nuclear deal risks exposing European countries that have since invested in Iran to renewed USA sanctions after "wind-down" periods of three to six months expire.

In the 1990s, significant disagreements surfaced when Washington adopted legislation - including the Iran and Libya Sanctions Act (ILSA) - which punished European firms for doing business in those countries.

This was part of the flaw of the deal to entice Europe and the United States into economic relations with Iran that eventually would have worked against really holding Iran accountable for violations of the deal.

Facing that reality, Le Maire said the European Union should strengthen its own legal arsenal against any such future US threats.

More news: USA offers to help rebuild North Korea economy

"Do we want to be vassals who obey decisions taken by the United States while clinging to the hem of their pants?"

Iran said it may resume uranium enrichment at an even higher rate that before the deal within weeks if the global accord collapses. "And I will work closely with the Europeans to try and achieve that".

"I said what I'm going to say on the subject. None of these three countries will be prepared to fully comply with USA demands; however, the more significant part of Iranian exports is where Iran earns hard currency from the sale of its crude".

Those impacts will only become apparent once America's partners give their own response to Trump's decision, and when details of how the US measures are implemented are clear, the IG said.

A Middle East analyst for The Jerusalem Post, Ghashghavi posted the adviser's threat on his Twitter profile Tuesday afternoon, only about an hour or so after Trump's announcement. China and Russian Federation also have affirmed support for the deal, which was created to keep Iran from building nuclear weapons.

"So there will be a wind-down period of those sanctions but we're going to be pressing ahead with the President's goal of having a new deal".

"All the things that the North Korean people need, the capacity for American agriculture to support North Korea so they can eat meat and have healthy lives, Pompeo said".

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