EU urges Iran to respect nuclear deal as bloc says it aims to continue trading with Tehran despite US sanctions
"We remain fully committed to the preservation and full implementation" of the 2015 nuclear deal, endorsed by the UN Security Council, the EU statement says.
The EU and major European powers — Britain, France and Germany — also said that they "note with great concern the statement made by Iran concerning its commitments" to the nuclear deal. The Trump administration pulled US out of the 2015 deal a year ago, saying it does nothing to stop Iran from developing missiles or destabilising the Middle East.
The Europeans have set up a complicated barter-type system to skirt direct financial transactions with Iran and so evade possible US sanctions. The workaround, dubbed INST EX, is not yet operational as Iran has not completed its part of the scheme.
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