France this week warned that failure to reach a nuclear agreement with Iran could lead to war, further raising tensions in an already volatile region.

  • NoneOfUrBusiness@fedia.io
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    1 day ago

    The EU falling in line when Trump broke the agreement has set back European policy by years if not decades and a mayor escalation the West Asia could push Europe over the cliff into full blown Fascism.

    Did the EU fall in line? I mean they dropped the ball hard but didn’t they try to continue the agreement after US withdrawal?

    • Saleh@feddit.org
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      1 day ago

      The EU joined in on US sanctions. Initially a mechanism was proposed to trade with direct exchange of goods but never established. Once Iran started to not follow their side of the deal after having had sanctions imposed despite following the agreement, EU countries like Germany shifted blame on Iran. Later renegotiation attempts under Biden failed.

      https://en.wikipedia.org/wiki/Joint_Comprehensive_Plan_of_Action#Trump_administration_(2017)

      https://www.consilium.europa.eu/en/policies/jcpoa-iran-restrictive-measures/#United States withdrawal

      • NoneOfUrBusiness@fedia.io
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        1 day ago

        I can’t find anything in these links about the EU reinstating sanctions, only keeping sanctions that hadn’t yet been lifted.

        • Saleh@feddit.org
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          1 day ago

          It is worded in a confusing way, you are correct. The EU seems to differ between “Sanctions” and “restrictive measures”. But this seems to be more of a word play, as in another case the terms are used interchangeably by the EU Council.

          See the timeline they linked under the article

          https://www.consilium.europa.eu/en/policies/sanctions-against-iran/timeline-measures-targeting-nuclear-proliferation-activities/

          2016 16 January Council lifts all nuclear-related economic and financial EU sanctions

          On Implementation Day, the Council lifted all nuclear-related economic and financial EU sanctions against Iran. This follows verification by the International Atomic Energy Agency (IAEA) that Iran has implemented the agreed nuclear-related measures as set out in the Joint Comprehensive Plan of Action (JCPOA).

          2022 17 October Council maintains restrictive measures after the JCPOA Transition Day

          The Council decided to take the necessary steps to maintain the restrictive measures under the EU non-proliferation regime on Iran. The Council concluded that there are valid reasons to refrain from lifting these restrictions on Transition Day (18 October 2023), as originally envisaged under the Joint Comprehensive Plan of Action (JCPOA).

          As for the reimposed US sanctions in 2018 the EU did extend their Blocking statute to prohibit EU companies from complying with US sanctions, but practically without effect. The proposed clearing house to allow for trade outside the bank system subject to US sanction enforcement never came to life afaik now.