Tags: nbc | us | european allies | iran sanctions

NBC: US's European Allies Seek to Work Around Iran Sanctions

NBC: US's European Allies Seek to Work Around Iran Sanctions

By    |   Tuesday, 04 September 2018 03:16 PM

Seeking to keep the Iran nuclear deal running despite the U.S. withdrawal under President Donald Trump, U.S. allies in Europe are plotting ways to circumvent sanctions against doing business with Iran, according to an NBC News report Tuesday.

The goal is to keep the deal running long enough for President Trump to be replaced or a new president to re-certify the original deal, NBC News reported.

Among the workarounds include European countries considering using their own central banks as opposed to commercial banks which can be sanctioned for business dealings with Iran – the belief being President Trump will not attempt to sanction an ally's central bank – European officials told NBC News.

The news comes as U.S. diplomats in Europe are working to help companies that do business with Iran to find new markets for income, a senior Trump administration official told NBC News.

The program has not been made public, but it reportedly includes seminars and outreach to help businesses find ways to mitigate loss of business with Iran, per the report.

A second wave of Trump administration sanctions against Iran are slated to be enacted in November.

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Seeking to keep the Iran nuclear deal running despite the U.S. withdrawal under President Donald Trump, U.S. allies in Europe are plotting ways to circumvent sanctions against doing business with Iran, according to an NBC News report Tuesday.
nbc, us, european allies, iran sanctions
190
2018-16-04
Tuesday, 04 September 2018 03:16 PM
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