Mogherini: No Foreign Power Can Decide for EU-Iran Trade Ties
European Union Foreign Policy Chief Federica Mogherini underlined that the EU will not allow any foreign meddling in Brussels’ legitimate trade relations with other countries despite the US attempts to kill the bloc’s business relations with Iran after its withdrawal from a 2015 multilateral nuclear deal.
"We are working, as a union of 28 member states and with the rest of the international community, to preserve a nuclear agreement that has so far been implemented in full, as certified by the International Atomic Energy Agency (IAEA) in 13 consecutive reports," Mogherini said.
She referred to the Joint Comprehensive Plan of Action (JCPOA), and said, "JCPOA is delivering precisely on that purpose."
In relevant remarks in mid-December, Mogherini called for the EU states' commitment to the Joint Comprehensive Plan of Action they have struck with Iran.
"Thanks to the nuclear deal, we now have new channels to engage in a constructive manner with Iran," Mogherini said, addressing a meeting with members of EU Non-proliferation Consortium.
She reiterated that in the absence of nuclear deal any negotiations with Iran would be much more difficult not easier.
On May 8, US President Donald Trump announced his country's withdrawal from the JCPOA. President Trump's move was followed by other parties' condemnation as well as emphasis to stay in the deal.
In response, Brussels updated EU's Blocking Statute to let the European enterprises to continue to work with Iran.
The Blocking Statute prohibits the EU companies' compliance with US sanctions and allows corporations to compensate for the loss inflicted on them.
source: FARS News Agency
Top News
Six last month
Iran Alloy Steel Company intends to purchase 12 tons of ferrotungsten through public tender
Iron ore price flirts with key $100/t level on firm demand, China stimulus hopes
Hedge funds slash bullish wagers on gold over Trump election win
Gold loses some luster after Trump’s decisive win
Resolute Mining says it will pay Mali $160 million in tax dispute
Russia takes aim at US nuclear power by throttling uranium
Aluminum price to average 6% higher in 2024 on strong demand: Fitch
BHP to spend up to $14 billion on Chilean copper expansion
Trump chooses oil fracking boss as energy secretary
Marimaca Copper eyes ASX dual listing to boost Chile project
Osisko Development surges on permitting milestone for Cariboo gold project
Earth AI, Legacy Minerals make first greenfield palladium discovery using artificial intelligence
Mexico’s proposed higher mining royalties could block nearly $7bn in investments
Sierra Leone woos miners to clean energy with $11 billion plan
Alrosa plans production cuts and staff reduction for 2025
Chile’s rare salt flat fish face threat from lithium mining project
Endeavour Silver raises $73m for Pitarrilla project
BHP to spend up to $14 billion on Chilean copper expansion
Chile’s rare salt flat fish faces threat from lithium mining project
Iran Alloy Steel Company intends to purchase 12 tons of ferrotungsten through public tender
Iran Alloy Steel Company intends to purchase 150 tons of Low-Carbon Ferro Manganese through public tender
Marimaca Copper eyes ASX dual listing to boost Chile project
Osisko Development surges on permitting milestone for Cariboo gold project
Earth AI, Legacy Minerals make first greenfield palladium discovery using artificial intelligence
Mexico’s proposed higher mining royalties could block nearly $7bn in investments
Sierra Leone woos miners to clean energy with $11 billion plan
Alrosa plans production cuts and staff reduction for 2025
Chile’s rare salt flat fish face threat from lithium mining project