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France condemns U.S. move to re-impose Iran sanctions

13 May 2018

Arguing the nuclear deal wasn't tough enough on Iran, Trump's government is now re-imposing sanctions, and any companies or governments with links to the US face sanctions if they do not comply.

Iran says it is ready to restart its nuclear programme on an "industrial scale".

Le Maire said Paris was seeking USA waivers and longer transition periods over Iran for French companies including Renault (RENA.PA) and Total (TOTF.PA), while pressing for European Union measures to improve the bloc's "economic sovereignty" in the longer term.

But he added: "If the nuclear deal is to continue, the interests of the people of Iran must be assured".

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US President Donald Trump signs a document reinstating sanctions against Iran after announcing the US withdrawal from the Iran Nuclear deal, in the Diplomatic Reception Room at the White House in Washington, DC, on May 8, 2018.

"Do we want to be vassals who obey decisions taken by the United States while clinging to the hem of their pants?"

Merkel said Friday the unilateral USA withdrawal undermines confidence in the global order, but that it wasn't enough to abandon decades of cross-Atlantic cooperation. The deal focused on limiting and monitoring Iran's production of nuclear fuel, a key ingredient for producing such weapons.

Meanwhile, the Kremlin said that Russian Federation and its ex-Soviet allies will sign a free trade pact with Iran.

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"In the end, the size of the US market dwarfs any prospect of any benefit they can get from Iran", Maloney said.

The European External Action Service (EEAS), the EU's foreign service, said in a press release on Friday that Mogherini will host the "EU/E3 meeting" before the same group meets with Iranian Foreign Minister Mohammad Javad Zarif.

"This deal is not a bilateral treaty".

"The President of the Atomic Energy Organization of Iran has been tasked with taking all necessary steps in preparation for Iran to pursue industrial-scale enrichment without any restrictions, using the results of the latest research and development of Iran's courageous nuclear scientists", the statement said. "It seems that today screaming and shouting, insulting and bullying, systematically destroying and dismantling everything already in place is the mood of our times". They called on the US not to prohibit the future success of the deal, despite its withdrawal. However polite his conversations with the Europeans, they said, he did not seek an extension to save the deal, since the outcome was clear last week.

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Meanwhile, the USA government tried to further pinch Iran's finances by disrupting a currency exchange network allegedly used to transfer millions of dollars to Iran's Revolutionary Guard.

France condemns U.S. move to re-impose Iran sanctions