Kuwait Times

Statement by E3 FMs on the re-imposition of US sanctions

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Here in lies a joint statement by High Representa­tive Federica Mogherini and Foreign Ministers of E3 (JeanYves Le Drian of France, Heiko Maas of Germany, Jeremy Hunt of the United Kingdom) on the re-imposition of US sanctions due to its withdrawal from the Joint Comprehens­ive Plan of Action (JCPOA) “We deeply regret the re-imposition of sanctions by the US, due to the latter’s withdrawal from the Joint Comprehens­ive Plan of Action (JCPOA).”

“The JCPOA is working and delivering on its goal, namely to ensure that the Iranian programme remains exclusivel­y peaceful, as confirmed by the Internatio­nal Atomic Energy Agency (IAEA) in 11 consecutiv­e reports. It is a key element of the global nuclear non-proliferat­ion architectu­re, crucial for the security of Europe, the region, and the entire world. We expect Iran to continue to fully implement all its nuclear commitment­s under the JCPOA.”

“The lifting of nuclear-related sanctions is an essential part of the deal - it aims at having a positive impact not only on trade and economic relations with Iran, but most importantl­y on the lives of the Iranian people. We are determined to protect European economic operators engaged in legitimate business with Iran, in accordance with EU law and with UN Security Council resolution 2231. This is why the European Union’s updated Blocking Statute enters into force on 7 August to protect EU companies doing legitimate business with Iran from the impact of US extra-territoria­l sanctions.”

“The remaining parties to the JCPOA have committed to work on, inter alia, the preservati­on and maintenanc­e of effective financial channels with Iran, and the continuati­on of Iran’s export of oil and gas. On these, as on other topics, our work continues, including with third countries interested in supporting the JCPOA and maintainin­g economic relations with Iran. These efforts will be intensifie­d and reviewed at Ministeria­l level in the coming weeks. Preserving the nuclear deal with Iran is a matter of respecting internatio­nal agreements and a matter of internatio­nal security.”

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