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Middle East: The Iran Nuclear Deal: E.U. threatens firms that stop doing business with Iran over Trump sanctions

European firms that stop doing business with Iran because of reimposed U.S. sanctions could in turn be sanctioned by the E.U., a special adviser to the 28-country bloc's top diplomat has warned.

“If E.U. companies abide by U.S. secondary sanctions they will, in turn, be sanctioned by the E.U.," Nathalie Tocci, an aide to E.U. 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.

The Trump administration's decision to walk away from the landmark 2015 Iran pact signed by the five permanent members of the U.N. Security Council — the U.S., Russia, France, China and the U.K. — as well as Germany and the European Union, dismayed and angered longtime U.S. allies and vital trading partners.

German Chancellor Angela Merkel, French President Emmanuel Macron and British Foreign Secretary Boris Johnson traveled to the U.S. aiming to convince President Donald Trump not to ditch the deal, saying it was working and the only way to halt a regional arms race.
Nevertheless, Trump went ahead and announced on May 8 that the U.S. was withdrawing from what he called the "decaying and rotten" agreement.

Mogherini told reporters Tuesday that the E.U. was doing its "best to keep Iran in the deal, to keep Iran benefiting from the economic benefits that the agreement brings to the people of Iran.”

For the complete NBC News Report click here

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