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Offbeat France, Germany, Britain formally request exemptions from U.S. Iran sanctions

15:16  06 june  2018
15:16  06 june  2018 Source:   msn.com

China to host Iranian president amid nuclear deal doubt

  China to host Iranian president amid nuclear deal doubt China will host Iranian President Hassan Rouhani next month at a regional summit in a Chinese coastal city, the country's foreign ministry said on Monday, as major power scramble to save Iran's nuclear deal after the United States pulled out. Rouhani will pay a working visit to China and attend the summit of the China and Russia-led security bloc the Shanghai Cooperation Organization, the ministry said.It did not give exact dates for his visit, but the summit is scheduled to be held on the second weekend of June in the northern Chinese city of Qingdao.

France , Britain , Germany and the EU on Wednesday sent the United States a joint official request for their companies to be exempt from punitive Iran has given French company Total two months to obtain exemptions from U . S . sanctions , or else China gets its share of the South Pars gas

The foreign and finance ministers of Germany , France , and Britain , as well the European Union foreign-policy chief made the call in a letter, dated June 4, to U . S . Treasury Secretary Steven Mnuchin and Secretary of State Mike Pompeo. The move comes after President Donald Trump withdrew the

French Economy Minister Bruno Le Maire said France, Britain, Germany and the EU were asking the US © Provided by AFP French Economy Minister Bruno Le Maire said the allies were asking the U.S. "to exempt European businesses doing legitimate trade in Iran."

France, Britain, Germany and the EU on Wednesday sent the United States a joint official request for their companies to be exempt from punitive measures resulting from fresh U.S. sanctions on Iran.

"As allies, we expect that the United States will refrain from taking action to harm Europe's security interests," said the letter to Treasury Secretary Steven Mnuchin and Secretary of State Mike Pompeo.

French Economy Minister Bruno Le Maire said the three countries and the EU were asking the U.S. "to exempt European businesses doing legitimate trade in Iran from all extraterritorial American sanctions."

Iran May Give China World's Largest Gas Field

  Iran May Give China World's Largest Gas Field Iran has given French company Total two months to obtain exemptions from U.S. sanctions, or else China gets its share of the South Pars gas field.Total signed a $4.8 billion contract to develop phase 11 of the South Pars—by far the world's largest natural gas field—last July, after the 2015 nuclear deal struck between the U.S., Iran and five other world powers saw a rolling back of sanctions against the revolutionary Shiite Muslim nation in exchange for it cutting nuclear production.

Germany , France , and Britain joined the EU to plead for special “ally” status to exempt them from U . S . trade sanctions on Iran . “We ask the American authorities, in a letter signed with Germany , the UK and EU to exempt European businesses doing legitimate trade in Iran from all extraterritorial

PARIS, France — Germany , France , Britain and the EU on Wednesday sent the United States a joint official request for their companies to be exempt from punitive measures resulting from fresh US sanctions on Iran . “As allies, we expect that the United States will refrain from taking action to harm

"Those businesses must be able to pursue their activities," he wrote on Twitter.

The plea comes as European leaders scramble to save the hard-fought deal signed between Iran and world powers in 2015 under which Tehran agreed to limits on its nuclear capacities in exchange for relief from crippling economic sanctions.

U.S. President Donald Trump announced he was abandoning the deal last month — which will mean new sanctions on the Islamic republic and punitive measures for those who trade with it.

Analysts say European firms that have rushed to invest in Iran after the lifting of sanctions over the past three years have the most to lose from the renewed sanctions.

Several major companies including France's Total and the Netherlands' Maersk have already said it will be impossible to stay in Iran once the sanctions are fully reimposed over the next six months, unless they receive explicit exemptions from Washington.

French automaker PSA said Monday that it would pull out of two joint ventures to sell its cars in Iran to avoid the risk of punishing fines.

Iran’s Rouhani asks Macron for action to save nuclear deal: IRNA .
Iranian President Hassan Rouhani warned world powers on Tuesday that it was impossible for Tehran to stay in the nuclear deal if it cannot benefit from the accord after the U.S. withdrawal. In a call with French President Emmanuel Macron, Rouhani said he was satisfied with Europe's stance, especially French efforts to salvage the 2015 deal, but that "such statements should be combined with actions and tangible measures"."If Iran cannot benefit from the (nuclear) deal, then it's practically impossible to stay in the accord,” Rouhani was quoted by state news agency IRNA as saying in a phone call with the French president.

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