Wednesday - 19 June 2019

 

         

EU and Iran are committed to the implementation of the Iran nuclear deal

EU and Iran are committed to the implementation of the Iran nuclear deal
The European Union and Iran are committed to the implementation of the Iran nuclear deal, the bloc’s official told FABA reporter at a business forum in Tehran.

Fabanews: The implementation of the Iran’s nuclear deal (JCPOA) has yielded positive results and significantly benefited Iran’s economic and banking sector. But there is still a lot of work to be done, says Anne-Marie Von Der Heyden, an EU official affiliated with the bloc’s IranOutlook.

Touching upon the need for the EU member states and Iran to take advantage of all the existing potentials for utilization of the JCPOA, Von Der Heyden remarked that Tehran and Brussels must continue to cooperate in this regard, adding that the EU needs Iran’s support in order to enhance bilateral ties.

Von Der Heyden made the remarks on the sidelines of the latest round of Iran-Europe banking and business forum at Tehran’s Espinas Palace Hotel where Iranian and European high-ranking banking officials met and discussed mechanism for the expansion of banking and business ties.

“There are of course some uncertainties and ambiguities that must be dealt with, but the EU is committed to the JCPOA and will continue to conduct joint works for the better implementation of the deal”, the EU official noted.

In reference to substantive results of the deal so far, she pointed out that 250 European banks are now connected to the Iranian banks through SWIFT and that bilateral trade volumes have practically doubled and Iran’s debts have been fully paid over the course of the past two years since the implementation of the deal.

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