Thursday, 24 May, 2018

Russian companies to benefit from US withdrawal from Iran

Russian Deputy Foreign Minister Sergei Ryabkov Russian Deputy Foreign Minister Sergei Ryabkov
Sammy Stanley | 16 May, 2018, 06:59

The White House on Friday released a statement accusing Iran of "exporting destabilizing influence throughout the Middle East, even as the Iranian people are victims of a struggling economy".

"There's a primacy of a political system". However, US aerospace giant Boeing will also be making massive losses, as a $20bn order of aircraft from Teheran could now be cancelled.

Deputy Russian foreign minister Sergei Ryabkov met his Iranian counterpart Abbas Araghchi in Tehran where the two sides "agreed to continue close coordination in this area", the ministry said in a statement. But if they're unable to guarantee continued trade and investment, Iran has little incentive to play ball.

"Breaking worldwide regulations and agreements has now become a habit for the USA regime", Zarif told reporters in Moscow after meeting Russian Foreign Minister Sergei Lavrov, according to Iran's state-run Tasnim News Agency.

US sanctions prevent American companies from doing business with Iran, and the US Treasury has said it plans to enforce "secondary sanctions" that could ensnare European and global companies. "It is possible", he said, when asked whether Washington was prepared to impose sanctions on European companies. "The Europeans should not have to pay for the withdrawal of an agreement by the United States, to which they had themselves contributed", he said.

He also reiterated German Chancellor Angela Merkel and French President Emmanuel Macron's stance that a broader deal should be negotiated to address Iran's "problematic role in the region".

Netta from Israel after winning Eurovision: I love my country!
In a gracious gesture , Mauboy paid tribute to the competition's victor - Israel's Netta Barzilai . On Saturday night, the Eurovision television hosts turned to each country to hear their votes.

Le Maire proposed creating a European body that would have the same kind of powers that the US Justice Department has to punish foreign companies for their trade practices. The port of Dubai owes its prosperity to getting round the United States sanctions against the Islamic Republic.

"Germany, France, and Britain - the "EU3" - say themselves that Iran poses a threat".

"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.

In Tehran, anger has grown not just over Trump's move but also Israel's barrage of air attacks on Iranian targets in Syria, in response to what Israel claimed was an Iranian rocket attack on the Golan Heights.

The European Union exported almost €11 billion ($13 billion) in goods to Iran in 2017, a 66% increase from 2015.

London, Paris and Berlin have reiterated their commitment to the 2015 Iran deal, following the USA withdrawal last Thursday.

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