The European Union, China and Russia are setting up a backchannel to undermine U.S. sanctions on Iran and keep Tehran in the Obama-era nuclear deal, officials said.
The EU’s external affairs chief, Federica Mogherini, said Tuesday that a so-called special purpose vehicle will carry payments related to Iran’s exports and imports so long as firms conform to the union’s laws, The Guardian reports.
Secretary of StateMike Pompeo ripped into the decision on Wednesday.
“To continue to create mechanisms to fund the world’s largest state sponsor of terror is disastrous policy and I hope they will reconsider it,” Pompeo said on “CBS This Morning.”
“These sanctions will be effective, they are effective, and come November 4 they will be even more effective,” Pompeo added.
…….
- Discussion
-
EU, China, Russia to create backchannel to undermine US sanctions on Iran https://t.co/atVJdobHMO pic.twitter.com/BaRZmgEu7I
— The Hill (@thehill) September 26, 2018
You must be logged in to reply to this topic.