Iran on Monday welcomed the launch of a European trade mechanism to bypass US sanctions as a "good omen" but said it was insufficient in light of the Europeans' commitments.
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All tagged European Union
◢ Iran Air said Tuesday it would resume flights to Europe, lifting a two-day suspension apparently linked to a ban on the carrier's planes entering European airspace. According to several specialized sites, the European Aviation Safety Agency (EASA) on February banned some Iran Air aircraft from European airspace.
◢ The Iran nuclear deal has been crumbling since President Donald Trump unilaterally withdrew and reimposed sanctions on Tehran, prompting the Islamic republic to announce a series of steps away from its commitments. "Notwithstanding differences on modalities, there is agreement that more time is needed due to the complexity of the issues involved. The timeline is therefore extended," the EU’s foreign policy chief said in a statement.
◢ President Donald Trump wants America’s closest allies to ratchet up the pressure on Iran. But this weekend in France he’ll find they’re still reluctant to join him. Divisions over Iran will be on full display when Trump meets his European peers at a Group of Seven meeting starting Saturday in the coastal city of Biarritz.
◢ Soaring tensions with Iran following attacks on tankers and drones prompted the Trump administration to call for a coalition of allies to protect ships passing through the Persian Gulf. This week, U.S. partners including the U.K. and France essentially asked to be counted out.
◢ As European Union governments scramble to save the Iran nuclear accord from U.S. efforts to scuttle it, the mood in diplomatic circles has blackened. Then suddenly, U.S. Secretary of State Michael Pompeo lands in Brussels with little warning. After a cool initial reception to the unscheduled drop-in, Pompeo began meetings with European counterparts to address Iran’s “threatening actions and statements.”
◢ No one spelled out Europe’s predicament over the escalating stand-off between the U.S. and Iran quite as bluntly as Russia. It’s up to “the Europeans, who committed to find a solution to the problem created by the Americans, to fulfill their promise,’’ said Foreign Minister Sergei Lavrov, during a joint news conference in Moscow with his Iranian opposite, Mohammad Zarif.
◢ Responding to the devastating floods that have recently affected northern and south western parts of Iran, the European Commission has announced an initial amount of EUR 1.2 million of emergency funding to assist the most vulnerable communities.
◢ A payment mechanism the EU hopes will save the Iran nuclear deal by bypassing US sanctions is ready, diplomats said Monday, but is held up by disagreements among European countries. The "Special Purpose Vehicle" is being put together by Germany, France and Britain, the European signatories to the 2015 accord that curbed Tehran's nuclear ambitions in return for sanctions reilef.