Europe, Russia and China will allow Iran to continue to export oil

Europe, Russia and China will allow Iran to continue to export oil

 

Europe, Russia and China on Friday expressed their readiness to allow Iran to continue to export oil and gas, despite the US’s intention to ban it.

The promise of foreign ministers of the five world powers signing a nuclear deal with Iran – Germany, China, France, Britain and Russia – is part of a list of 11 goals defined on Friday in Vienna at a meeting with Iran to save that referendum from which the US withdrew.

The United States is urging all countries of the world to stop importing Iranian oil on November 4, which should prevent the development of atomic weapons.

Europeans on the other hand, have a dialogue with Iran to preserve a nuclear deal that should prevent the development of atomic weapons.

After the two-hour meeting, the participants announced a list of goals that should “result in practical solutions to preserve the normalization of trade and economic relations with Iran,” the joint statement said.

Among these goals, besides the leverage of the import of Iranian oil, are stated “the preservation of the French channels with Iran, the extension of the naval, land, air and rail communications, the credit covered by the export, a clear and effective leverage of the economic operators trading with Iran, encouraging new investments in Iran, protecting economic operators for their investments and other financial activities in Iran. “

It is not stated, however, how exactly they plan to do so, and foreign investors have already begun to flee Iran due to the return of US sanctions.

There is a plan for working on “practical solutions thanks to bilateral efforts”, so these forces will meet again to review progress.

Posted by Jeff Brown

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