26 May 2024
Tuesday 27 November 2018 - 09:46
Story Code : 328209

France and Germany step in to circumvent Iran sanctions

The Wall Street Journal - France and Germany have joined forces to rescue a European effort to create a payments channel to keep trade flowing with Iran, defying U.S. attempts to take the air out of the plan, senior diplomats said.

The steps by Europes most powerful countries are part of their campaign to salvage the 2015 Iran nuclear deal after President Trump withdrew the U.S. in May. Their goal is to help European companies continue some business activity with Iran despite sweeping new U.S. sanctions on the country and any company that...

 

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