Rex Tillerson says U.S. sanctions on Iran will not affect EU trade deals
Fri Oct 20, 2017 03:14:pm World
5.2K By Michelle Clarke
- Rex Tillerson says U.S. sanctions on Iran will not affect EU trade deals.
- U.S. has no plans to impede on EU trade and business relations with Iran.
The United States has no intentions of severing trade relations between the European Union and Iran according to Secretary of State Rex Tillerson.
Despite President Trump's decision to decertify the nuclear deal with Iran last week, Tillerson has disclosed to the Wall Street Journal that America has no plans of impeding on EU trade and business transactions with Iran.
European Union leaders in Brussels on Thursday highlighted the need to protect their companies and investors dealing with Iran from any adverse effects should Washington reinstate sanctions against Iran, officials said.
"The president's been pretty clear that it's not his intent to interfere with business deals that the Europeans may have under way with Iran," Tillerson told the Journal in an interview Thursday. "He's said it clearly: ‘That's fine. You guys do what you want to do.'"
"We've been working with the Europeans for six months," Tillerson said. "They have been brought along with this same thought process. It doesn't mean that they necessarily agree entirely with it. ... Now we will start a more formalized process with them now that the policy's been adopted."
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