EU3 to open trade with Iran independent of US dollar: Russia FM | WHAT REALLY HAPPENED


EU3 to open trade with Iran independent of US dollar: Russia FM

Russia’s Foreign Minister Sergei Lavrov says the three major European signatories to a landmark nuclear deal with Iran agreed to establish trade ties with Iran independent of the US dollar.

Since the United States' unilateral move in May to withdraw from the nuclear accord, officially known as the Joint Comprehensive Plan of Action (JCPOA), European companies are under mounting pressure from Washington to cut business ties with Tehran.

US President Donald Trump announced on May 8 that Washington was walking away from the nuclear agreement and that he plans to reinstate US nuclear sanctions on Iran and impose "the highest level" of economic bans on the Islamic Republic.

Under the JCPOA, Iran undertook to put limits on its nuclear program in exchange for the removal of nuclear-related sanctions imposed against Tehran.

Lavrov said on Monday that the decision by France, Germany and Britain would mainly concern small and medium-sized companies.

The top Russian diplomat added that the remaining parties to the Iran nuclear deal have agreed to work out measures to protect the countries’ businesses from US sanctions.

He criticized Washington's "illegal and unacceptable" decision to re-impose sanctions on Iran.

Webmaster's Commentary: 

Yet more brilliant, unintended consequences from the US withdrawl from the P5+1 deal with Iran!!

And if these people are not going to be trading in the US dollar for Iranian oil, what is the US going to do, go to war with Europe AND Russia, AND Iran?!?

Whatever advisors who told President Trump that this was a good idea, obviously did not think this all the way through.

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