Foreign Minister Maas travelled to Vienna on Friday (6 July) to discuss the implementation of the Iran deal with his colleagues from France, Britain, China, Russia and Iran, as well as the EU High Representative. Maas underscored the importance of the agreement for European security. “The nuclear agreement with Iran makes Europe’s neighbouring countries safer,” the Minister said. Now that the United States has left the agreement, we need to make plain to Iran that “this agreement still brings economic advantages” for the country, as Maas outlined before meeting his colleagues. In its reports to date, the International Atomic Energy Agency (IAEA) has confirmed that Iran has adhered to the understandings contained in the agreement.
Upholding economic advantages
Since the United States announced it was withdrawing from the agreement and implementing sanctions, the agreement has been under pressure. Furthermore, the United States wants to exert pressure also on foreign businesses, for example European businesses, if they continue to trade with Iran. The EU partners want to send a decisive signal to counter this. “The agreement guarantees that the use of nuclear technology remains peaceful,” as Maas stated. The EU partners will together work to uphold the economic advantages of the agreement for Iran. According to Maas, complete compensation will not be possible. But, as he continued, we will make plain to Iran that the economic disadvantages would be much grater if the country were to withdraw from the agreement. At their meeting in Vienna, the signatories of the agreement with the exception of the United States agreed in a closing statement to continue their discussions.