Germany Says after EU Independent Payment System to Save JCPOA

TEHRAN (Tasnim) – Germany and its European partners are considering setting up a payment system with Iran that allows the continuation of business transactions with the Islamic Republic once US sanctions kick in, an economy ministry spokeswoman said.

Germany Says after EU Independent Payment System to Save JCPOA

“As you know, it is a central goal of the EU and the German government to ensure that the processing of transactions is secured,” the spokeswoman said during a regular government news conference on Friday, Reuters reported.

“All options are being considered,” she added.

On May 8, US President Donald Trump pulled his country out of the JCPOA, which was achieved in Vienna in 2015 after years of negotiations among Iran and the Group 5+1 (Russia, China, the US, Britain, France and Germany).

Following the US exit, Iran and the remaining parties launched talks to save the accord.

Meanwhile, Ayatollah Khamenei has underlined that any decision to keep the JCPOA running without the US should be conditional on “practical guarantees” from the Europeans.

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