EU Will Soon Establish Alternative Payment Channel Allowing Iran to Bypass US Sanctions – Mogherini
- EU Will Soon Establish Alternative Payment Channel Allowing Iran to Bypass US Sanctions – Mogherini
by https://www.rt.com/
Brussels will create an alternative payment channel to facilitate financial transactions between the European Union and Iran in the near future to bypass US sanctions, the EU’s top diplomat, Federica Mogherini, has announced.
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“I will expect this instrument to be established in the coming weeks before the end of the year as a way to protect and promote legitimate business,” EU’s foreign policy chief told reporters on Monday.
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The 28-nation bloc has been considering ways to continue doing business with Tehran and bypass US economic restrictions after Washington pulled out from the Iran nuclear deal and reimposed economic sanctions.
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