Macron: EU Must Defend Firms against US Iran Sanctions

Remigio Civitarese
Mag 17, 2018

"They should continue to have this freedom", he said. "The 2015 deal is an important element of peace and security in the region, and we chose to back it regardless of the U.S. decision", he stressed.

"But what is important is that companies and especially medium-sized companies which are perhaps less exposed to other markets, American or others, can make this choice freely", Emmanuel Macron said.

For her part, Sahra Wagenknecht, president of the opposition Left Party (Die Linke), supported Merkel's position on the JCPOA and said that 'we have demanded a more autonomous and independent policy from the United States, and we are happy that we are no longer alone on that position'.

Zarif said little to reporters Tuesday but suggested he wanted to discuss the deaths of dozens of Palestinians in Gaza as well as the nuclear deal, which U.S. President Donald Trump withdrew from last week.

Total on Wednesday said it might quit a multi-billion-dollar gas project unless it secured a waiver from US sanctions.

"Everyone in the European Union agrees that is not ideal, but we should stay in it and on this basis conduct negotiations with Iran on other issues, for example on the ballistic missile program", the German chancellor noted. He also stated that the United States is ready to ink a new agreement.

Shipping group A.P. Moller-Maersk on Thursday joined a growing list of companies preparing to call a halt to doing business with Iran, casting doubts on whether European leaders can keep alive a nuclear deal with Tehran.

President Hassan Rouhani has said Iran would remain committed to the deal, which China, Russia, Britain, France and Germany also signed, provided those powers ensured Iran was protected from sanctions.

Earlier, President of the European Commission Jean-Claude Juncker said that: "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".

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