28 Mar 2024
Thursday 14 June 2018 - 15:35
Story Code : 308815

MEP proposes opening EU office in Tehran

IRNA - German MEP Conelia Ernst on Wednesday proposed that the European Union open an official office in Tehran.


Euronews in a report titled 'How EU can save Iran nuclear deal' quoted Ernst as saying 'A good idea would be to have, to create, an official office of the EU in Tehran.'

The German Member of the European Parliament also said 'It would be a good sign and to look what are the most important questions in this country... We need a peaceful situation in this region. It is important for us and for the people in this region.'
Tehran's warned that it needs convincing the deal can still deliver benefits. Something that will be on the minds of business leaders from Iran and Europe, who meet in Brussels next week.

EU foreign policy chief Federica Mogherini on Tuesday briefed a preliminary session of the European Parliament on the measures adopted by the EU to save Iran nuclear deal and said the bloc keeps a strong focus on small and medium enterprises.

'We are also working on concrete measures aimed at sustaining our cooperation in key economic sectors, particularly on banking and finance, trade and investment, oil, and transport. In this work, we keep a strong focus on small and medium enterprises, which are less engaged in the US market. The most important challenge now is to find solutions on banking and finance, because legitimate trade and investment need banking partners and financing models that work. These issues are being addressed through intensive expert consultations happening basically on a daily basis, including in Brussels and in Tehran last week, but also at the political level, ' she said.

'Last week, the Foreign and Finance Ministers of France, Germany, the UK, together with myself, we wrote a letter to the US Secretaries of State [Mike Pompeo] and of Treasury [Steven Terner Mnuchin]. We expressed our expectation that the extraterritorial effects of US secondary sanctions will not be enforced on EU entities and individuals and that the United States respect the good faith of economic operators within EU legal territory, and we asked for a number of specific exemptions,' Mogherini told the MEPs.

On May, US president declared Washington's unilateral withdrawal from the Iran nuclear deal known as the Joint Comprehensive Plan of Action (JCPOA) and said he would reinstate sanctions that had been lifted following the conclusion of the deal on Iran. His decision has been opposed by the EU and the remaining five signatories to the deal namely the UK, France, Russia, China and Germany.
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