German leader argues for preserving Iran deal

German leader argues for preserving Iran deal

Participants of the EU summit have chose to support the Iran nuclear deal and protect European businesses from the USA steps, French President Emmanuel Macron said as he arrived for the EU-Western Balkans summit in Sofia. The 2015 nuclear agreement is a crucial element of peace and security in the region.

'The question is whether you can talk better if you terminate an agreement or if you stay in it. we say you can talk better if you remain in it, ' she said.

In addition, France and the European Union are pressing Washington for exemption from Trump's steel and aluminium tariffs.

"International companies with interests in many countries make their own choices according to their own interests".

Finnish mining technology company Outotec said US sanctions would slow down and complicate its ties with Iran but it was too early to say if it would leave.

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British Foreign Secretary Boris Johnson said before the meeting in Brussels that "the United Kingdom and our European partners continue to view the nuclear deal as vital for our shared security, and remain fully committed to upholding it".

The president of the European Council, Donald Tusk, announced that during the informal summit of the EU on the Balkans that will be held on May 17 in Sofia, Bulgaria, it is expected to agree on a common response of the 28 member states of the regional bloc on the JCPOA against the withdrawal of the United States from the agreement.

"With the sanctions the Americans are to impose, you can't do business in Iran if you also have business in the USA, and we have that on a large scale", Skou told Reuters in an interview following the firm's first-quarter report.

Total was the first major Western energy company to invest in Iran after sanctions with Iran were lifted but it has been joined by German insurer Allianz and Danish tanker operator Maersk in winding down their business in Iran.

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