Senior politician says Europe will consider countermeasures to keep trading with Iran
Europe is prepared to introduce measures to nullify the effect of Donald Trump imposing sanctions on any non-US firm that continues to do business with Iran, the French government has said.
The warning from the French finance minister, Bruno Le Maire, suggests Trump’s proposals to corral Europe into joining US foreign policy on Iran may lead to a severe backlash by EU firms and politicians, especially advocates of a stronger independent European foreign policy.
In July 2015, Iran and a six-nation negotiating group reached a landmark agreement known as the Joint Comprehensive Plan of Action that ended a 12-year deadlock over Tehran’s nuclear programme. The deal, struck in Vienna after nearly two years of intensive talks, limited the Iranian programme, to reassure the rest of the world that it cannot develop nuclear weapons, in return for sanctions relief.