EU ‘deeply’ regrets return of US sanctions on Iran

The EU says it deeply regrets the US reimposition of sanctions on Iran after President Donald Trump pulled out of the 2015 nuclear pact, and vowed immediate steps to protect European companies.

The statement by EU diplomatic chief Federica Mogherini and the foreign ministers of Britain, France and Germany says it would also work to keep “effective financial channels” open with Iran.

“We deeply regret the re-imposition of sanctions by the US, due to the latter’s withdrawal from the Joint Comprehensive Plan of Action (JCPOA),” the statement issued in Brussels says.

The EU said it would now swiftly bring in legal cover for firms in the 28-nation bloc to work with Iran, after the Trump administration rejected European calls for an exemption.

“We are determined to protect European economic operators engaged in legitimate business with Iran,” the statement adds

— AFP

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