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Did you read the article? "The European trade vehicle was conceived as a way to help match Iranian oil and gas exports against purchases of EU goods. However, t
by m0skit0 8y ago
Did you read the article? "The European trade vehicle was conceived as a way to help match Iranian oil and gas exports against purchases of EU goods. However, those ambitions have been toned down, with diplomats saying that, realistically, it will be used only for smaller trade, for example of humanitarian products or food." So effectively the EU-Iran trade deal is just a diplomatic move rather than a real trade deal. Also EU companies do not want to risk getting sanctioned by the US by getting into any trade with Iran.
- cannabis_sam 8y agoStill, it’s a diplomatic move that would have been inconceivable (IMHO) under Obama or Bush..
- m0skit0 8y agoOfc, because with Trump the US-EU relation has got to an all-time low, and now the EU tries to look independent even if it can't but ofc you need to show your voters you are not sold to US interests.