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EU Intensifies Efforts to Preserve Iran Nuclear Accord

Iran Economy Ahead Of Second Round Of U.S. Sanctions
Photographer: Ali Mohammadi/Bloomberg

Europe has intensified its efforts to preserve the Iranian nuclear accord and maintain economic relations with the Islamic Republic in the face of growing pressure after the Trump administration renewed its sanctions regime.

“The efforts to preserve the Iran nuclear deal, the JCPOA, and economic and trade relations with Iran have been intensified in recent weeks, especially those that are related to the setting up of the special purpose vehicle,” Maja Kocijancic, European Union spokeswoman for foreign affairs, said on Friday, referring to the formal title of the Iran accord, the Joint Comprehensive Plan of Action.