- ‘Are We America’s Vassals?’ France Vows to Trade with Iran in Defiance of US ‘Economic Policeman’
On the heels of Trump’s withdrawal from the Iran deal, France’s economy minister has urged Europe to stop acting like “US vassals” and continue trading with Tehran in defiance of what “the global economic policeman” has in store.
“Do we want to be vassals who obey decisions taken by the United States while clinging to the hem of their trousers?” Bruno le Maire asked in an emotional interview with Europe 1.
“Do we want the United States to be the economic policeman of the planet? Or do we Europeans say that we have economic interests, we want to continue to trade with Iran as part of a strategic agreement?” he asked, adding: “It’s time for all European states to open their eyes.”
His interview comes on the back of Washington’s decision to pull out of a milestone 2015 deal that sought to curb Iran’s nuclear program in exchange for lifting decades-long sanctions and wider economic cooperation. The move was coupled with renewed restrictions targeting trade with Iran.
On Thursday, US individuals and entities were barred from doing business with six Iranian individuals and three companies that the Treasury claims have ties to the Revolutionary Guards. The US also says companies doing business in Iran now have six months to halt economic activity, and cannot sign new contracts or they will face sanctions.