Europe moves to safeguard interests in Iran after U.S. pullout

Europeans scramble to save Iran deal after Trump reneges

Iran's foreign minister on Tuesday hailed talks with the European Union to try to find a way to rescue the Iran nuclear deal after the U.S. pulled out as a "good start".

The leaders of Great Britain, Germany, and France, Theresa May, Angela Merkel and Emmanuel Macron called on all the participants to continue implementing the agreements fully.

President Donald Trump's announcement on Tuesday that the United States was exiting the 2015 nuclear accord was met with widespread dismay by its other signatories - Britain, China, France, Germany and Russian Federation.

Roth made the comments in Brussels ahead of a meeting due to take place there between Iran, France, Germany and Britain on Tuesday to discuss the nuclear deal. "The Europeans should not have to pay for the withdrawal from an agreement by the U.S., to which they had themselves contributed".

More alarmingly though, if the Trump administration carries through with the threat to sanction anyone doing business with Iran, then European companies-or our allies themselves-could be caught in the crossfire.

"At this point, we have to replace the United States, which as an worldwide actor has lost vigor, and because of it, in the long term, influence", Jean-Claude Juncker, the president of the European Commission, told Belgium's Flemish regional parliament.

Mohammad Javad Zarif will later fly to Moscow and Brussels to consult with the remaining signatories to the 2015 agreement denounced by President Donald Trump.

Israel and its allies have blamed Iran's Revolutionary Guards for initiating Thursday's exchange by launching missiles into the occupied Golan Heights.

More news: Neymar Responds To Real & Man Utd Transfer Links

Measures could include retaliatory sanctions, allowing the European Investment Bank to invest in Iran and coordinating euro-denominated credit lines from European governments. Other officials called for putting "more teeth into talks with Washington", and asked, "Can't we defend what our own interests are?" That means that anyone, in any country, who does business with Seif or Tarzali could themselves be punished with sanctions, cutting them off from the USA financial system.

The return of sanctions is likely to have "significant ramifications" for maritime trade with Iran, International Group of P&I Clubs, an umbrella organization whose members cover 90 percent of the global tanker fleet against risks including oil spills, said on Wednesday. Citing data from the Stockholm International Peace Research Institute, the newspaper explained that Iranian military spending has increased by only about 30 percent from 2015, the year the Iran deal was reached, to last year. But should Tehran argue that USA sanctions-which are, after all, a serious violation of the agreement-are strangling investment in Iran, then it could drop out of the agreement all together and still claim that the United States is to blame. "They will never abandon the United States for us", said housewife Poormoslem.

"We do not see ourselves as a mediator between Iran and the United States", he said.

It took more than 10 years for European Union and the member states - U.K., France and Germany - to create the deal, which with all its shortcomings did fulfill the goal.

Mogherini says she has been reassured about Iran's intentions by the declarations of President Hassan Rouhani. US officials were reaching out Tuesday to central banks in other countries in the Middle East and Europe to inform them of the sanctions and encourage them to immediately freeze assets the bank has overseas.

Le Maire proposed creating a European body that would have the same kind of powers that the U.S. Justice Department has to punish foreign companies for their trade practices.

Europe may be ready to treat Trump as adversary.

Related News:

  • United States  imposes sanctions on Iran central bank governor

    United States imposes sanctions on Iran central bank governor

    At the time, the U.S. singled out the Central Bank of Iran as "complicit" in the operation, foreshadowing Tuesday's action. These funds had been then used to "enrich and help the violent and radical agenda of Hezbollah", Treasury mentioned.
    Jason Witten: Packers a 'great spot' for Dez Bryant

    Jason Witten: Packers a 'great spot' for Dez Bryant

    The Packers drafted three receivers, including Missouri's J'Mon Moore, during the third day of the National Football League draft. Something the Packers can certainly offer with the roughly estimated $16 million in cap space they have, per Over the Cap .
    Trailer of Salman starrer Race 3 out

    Trailer of Salman starrer Race 3 out

    It's quite unlike for a big ticket film to have the trailer release just a month away from the film's release. From Bobby Deol to Anil Kapoor , each character seems to have done full justice to their roles.
  • Astronomers find fastest-growing black hole known in space

    Astronomers find fastest-growing black hole known in space

    Previously, astronomers had already found black holes much heavier than they should be due to their age. If black holes were already a total mystery to scientists, they now face a much greater mystery.
    Scotland refused to support the bill on Brexit

    Scotland refused to support the bill on Brexit

    Labour's Neil Findlay said there was still time to fix the bill. - What is legislative consent and why does it matter anyway? They have received support from senior Labour and the Liberal Democrat figures in Holyrood and Westminster".
    Rachael DelTondo, 32-Year-Old Teacher Fatally Shot in Aliquippa

    Rachael DelTondo, 32-Year-Old Teacher Fatally Shot in Aliquippa

    However, she was reportedly suspended last fall following allegations from a former Aliquippa High School student's mother. She defended herself at the time by saying that the pair were just talking and that the teen was no longer a student.
  • Things You Might Have Missed From Last Night's WWE Raw

    Things You Might Have Missed From Last Night's WWE Raw

    The two go back and forth throughout the duration match. the lengthy match ends when Rollins hit Owens with a Curb Stomp. At the tapings, it was revealed that Alexa Bliss has been added to the women's Money in the Bank Ladder Match.
    Two-thirds of Brits not interested in royal wedding

    Two-thirds of Brits not interested in royal wedding

    The very fact that the Harry is marrying Meghan in the first place shows that outdated traditions can indeed be retired. Palace officials said last week that Meghan Markle's parents would have central roles in the wedding ceremony.
    Facebook suspends 200 apps over possible data misuse

    Facebook suspends 200 apps over possible data misuse

    The users of said accounts allegedly used a popular personality app which includes answering questionnaires. Six million people completed the quiz, with some opting to share their Facebook data with the app.
  • Pauley Perrette Suggests 'Multiple Physical Assaults' Led To NCIS Exit

    Pauley Perrette Suggests 'Multiple Physical Assaults' Led To NCIS Exit

    Just know, I'm trying to do the right thing, but maybe silence isn't the right thing about crime", tweeted Perrette. Neither agents for Perrette nor CBS immediately reacted to Foxnews' request remark about the situation.
    Police praise Wis. high school for 'best senior prank'

    Police praise Wis. high school for 'best senior prank'

    We know from experience that some schools would chase down the offenders, expel them, and deny them the opportunity to graduate. The students at Cumberland High School put the back half of an old auto up against the exterior of the building.
    Cano Handed 80 Game Drug Suspension

    Cano Handed 80 Game Drug Suspension

    He has explained to us what happened, accepted the punishment and has apologized to the fans, the organization and his team-mates. The 35-year-old veteran is on the 10-day disabled list after suffering a broken bone in his right hand on a hit by pitch.


Most liked

Man City already odds-on for title defence
Maybe that's why the only recent champions to buck the trend were the more attack-oriented Manchester City sides of 2013 and 2015. And that was the most surprising result of the Premier League season that left United five points behind their title rivals.

Second Durham rugby player dies in Sri Lanka
Durham City Rugby Football Club, which oversees the team, confirmed Mr Howard had died after "suffering breathing problems". The players, both from Durham, were on tour with one of the club's teams called the Clems Pirates.

23 missing after boat carrying 40 capsizes in Andhra Pradesh's Godavari river
Fishermen raced to the scene to help, and officials deployed police and a team from the National Disasters Relief Force. The EG district administration has temporarily halted all movement of motor launches in the area.

Mike Pompeo: US wants to work with Europe on new Iran deal
Zarif's delicate diplomatic mission has been complicated by reports of clashes between Iranian and Israeli forces in Syria. Such willful ignorance led to the misbegotten Iraq War, and now could drag the United States into a war with Tehran.

YouTube's New Feature Reminds You To Stop Binge-Watching
To use the feature, you simply have to select the floating microphone icon when you see it in the YouTube app and say a command. Going Incognito works in the same way as it does on Chrome, preventing any activity from showing up in the browsing history.

Guerrero doping ban defies common sense: players' union
I feel that my dream, first of playing soccer, and second, to play in the World Cup after 36 years, I feel like I've lost it. His lawyers argued the stimulant had not been performance enhancing, and was accidentally consumed in contaminated tea.

Alan Shearer doesn't buy Mike Ashley's very defensive end of season statement
Has Newcastle manager Rafa Benitez given hope to Everton and West Ham of signing him? My priority is to stay in England .

Boeing: WTO Ruling Could Lead To Biggest Retaliatory Tariffs Ever
Airbus disputes those numbers, saying they overstate the amount of support embedded in the contested loans. That figure includes the many subsidies that the WTO said were lawful.

Amber Alert Issued for Oklahoma Girl Considered to Be in Considerable Danger
The 9-year-old woman fled to a close-by residence, the place a few of her prolonged household stay, and known as for assist. On Tuesday morning, police described her condition as "very severe" and said she was unconscious and underwent intubation.

The Right Stuff Author Tom Wolfe Dies at 88
Indeed, he became famous for using "novelistic techniques in his nonfiction", a hybrid that became known as the New Journalism . Wolfe critiqued art critics in The Painted Word in 1975, and the architectural decline in From Bauhaus to Our House in 1981.

Professional Golfer's Wife Arrested For Assaulting Him & His Mother
Lucas released a statement on Twitter this morning explaining the situation and asked for the public to respect their privacy. It took both lawmen to re-handcuff her. "Wait till the [PGA] tour hears about this", she reportedly screamed at officers.

Google's Pixel Buds finally let you skip tracks with a double tap
In an announcement on its blog , Google has revealed several new ways that users can interact with their Pixel Buds . During I/O 2018, the Google app gained the ability to customize what notifications get sent to Assistant headphones.

North Dakota sues Big Pharma Purdue for possible role in opioid epidemic
Eric Bedingfield, whose son died previous year of a drug overdose, on Tuesday, Aug. 15, 2017, at his offices in Columbia, S.C. Nevada Attorney General Adam Laxalt announced a lawsuit Tuesday against pharmaceutical company Purdue Pharma.

World Health Organization urges ban on industrial trans-fats by 2023
Those fats are often found in common fried foods, fast food and snacks, and sometimes in desserts as well, according to the WHO . Invented at the turn of the last century, trans fatty acids are created by changing the molecular structure of vegetable oils.

Joe Hart Won't Be Part Of England's 23 Man World Cup Squad
Delph's inclusion follows a season in which he has been successfully remodelled as a left-back at City by Pep Guardiola . We have seen a few countries, for instance, the five-time champions, Brazil, who have already named their squads.