Bolton: US Could Sanction European Companies Doing Business With Iran

Pauline Gross
May 17, 2018

Johnson also called on Washington "to avoid any actions that could prevent the remaining parties to the agreement from meeting their commitments under the deal - including delivering sanctions relief through legitimate trade". Israel is already on alert for a possible conflict with Iranian interests in the region.

He will also have similar discussions with France, Germany and Britain on Tuesday.

Iranian armed forces members march in a military parade marking the 36th anniversary of Iraq's 1980 invasion of Iran, just outside Tehran, Iran.

Mogherini said "expert talks" on relevant financial and economic issues such as banking transactions and oil would begin soon and the deputy foreign ministers from the three European nations and Iran would meet in Vienna next week. He said that he would work to protect European businesses from being hit by US measures if they continue to trade with Iran.

A similar pattern may now play out again following Trump's decision.

Johnson made the comments in parliament on Tuesday in response to a question about whether he thought John Bolton, the U.S. National Security Advisor, was seeking regime change in Tehran. Europeans, Russia and China consider Trump's decision to withdraw from the agreement as rash and ill-advised, something they will not go for.

"That's why even after the USA withdrawal from JCPOA, our cooperation with Russian Federation will not be halted and the construction of the new reactors for the Bushehr nuclear station will continue", he emphasized. This was besides the condition that Iran would abide by the demands of International Atomic Energy Agency to inspect the nuclear establishments as and when they desire.

Last week, US President Donald Trump said that the US would withdraw from the Iran nuclear deal, a landmark agreement signed in 2015.

Zarif said in Beijing on Sunday: "We hope that with this visit to China and other countries we will be able to construct a clear future design for the comprehensive agreement".

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Kaeser said that, based on his understanding, global companies are no longer allowed to accept new orders from Iran or else they could face targeted retaliation from the United States. Macron told Trump in their telephone call on Saturday that he was anxious about stability in the Middle East, according to Macron's office.

President Hassan Rouhani said Sunday the country would remain in the deal if the other signatories continue to follow the agreement.

"However, because Russia and the United States have signed an agreement on cooperation in nuclear energy, Moscow could respond in kind, that's why I think that Iran's nuclear program remains under Russian protection", he added. "But as it is now, at least for the time being, we're the country that's isolated".

This US-French dialogue came to nothing.

Trump shot back, claiming in a tweet on Saturday that Tehran had exploited the lifting of sanctions to bolster its military and increased its defence spending by 40 percent since 2015, when the pact was agreed.

Europe took a similar path after Washington passed the ILSA legislation in 1996.

After the U.S. departure from the nuclear deal, Iran is making sure that the deal survives under all circumstances.

Taken overall, transatlantic tensions are now spiking again and this could make a tricky G7 summit next month.

Other reports by GizPress

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