Germany: US Should Consider EU Interests on Iran Sanctions

Adjust Comment Print

North Korean Foreign Minister Ri Yong-ho's visit to Iran within hours of the U.S. sanctions against the Islamic Republic taking effect raises questions over North Korea's intentions amid a deadlock in negotiations with Washington over its nuclear weapons program.

"Our policy is based on a clear-eyed assessment of the Iranian dictatorship, its sponsorship of terrorism, and its continuing aggression in the Middle East and all around the world", President Trump stated.

The arrival of North Korea's foreign minister in Tehran just hours after Donald Trump had reinstated sanctions against Iran was "no coincidence", analysts believe, and is created to send the message that Pyongyang is reinforcing its alliances as denuclearisation talks with the USA stall.

In his estimation, Iran is "weak and hysterical".

"The Iran sanctions have officially been cast".

Indeed, in many cases the sanctions as they exist are directly harming European Union companies, and the Trump Administration has been very direct in threatening to punish those companies if they do business with Iran, despite European Union law making it clear they may legally do so.

The nuclear deal was important "not only to the region's security but the world's security", he told the em BBC /em .

The Israeli leader added that Trump's decision represented "the determination to curb Iran's aggression in the region and its ongoing intention to arm itself with nuclear weapons". It has also warned that the firms that choose to abide by Washington's bans may be slapped with European sanctions.


However, the EU blocking statute is thought unlikely to do much to stem the outflow of European investment from Iran driven by firms anxious about losing access to U.S. money markets.

The American Jewish Committee (AJC) praised the sanctions in a statement.

Volker Treier, foreign trade chief at the DIHK Chambers of Commerce, said the global environment was becoming increasingly complex for German businesses.

China and Germany defended their business ties with Iran on Wednesday in the face of President Donald Trump's warning that any companies trading with the Islamic Republic would be barred from the United States. "We really just encourage the United States to start talking to its partners and Iran in order to be able to find a route forward".

The Israeli intelligence and security expert made mincemeat of Mogherini's claim that the Iranian nuclear project was entirely "peaceful", and said the International Atomic Energy Agency had been able only to identify that Iran didn't transfer "uranium to a parallel nuclear project in addition to the one it already monitors". They remain defiant against the US sanctions threat, a stance which their government obviously supports. Stuxnet, which is widely believed to be an American and Israeli creation, caused thousands of centrifuges at Iran's Natanz nuclear facility to spin themselves to destruction at the height of the West's fears over Iran's program. "America has zig-zagged constantly, so now no one trusts them".

The Iranians are furious over their regime's mishandling of the economy and the diversion of funds to Iranian proxies such as Hezbollah in Lebanon. Amateur video showed victims lying on the ground and shouting.

However, Mr. Lautwein said it isn't likely to bring a wave of lawsuits.

The Iranian rial fell to a record low late last month, dropping in value by half since April, leading to sharp price increases and fast-rising inflation.

Comments