Economics
Europe Steps Up Bid to Salvage Iran Nuclear Deal
- U.K., French, German ministers to meet with Zarif on Tuesday
- Merkel says ‘many factors at play’ in effort to save accord
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European powers alarmed by Donald Trump’s withdrawal from the Iran nuclear accord set out this week on an urgent search for ways to hold the deal together and avoid a further escalation of violence in the Middle East.
With Chancellor Angela Merkel warning that faith in the international order is at stake, Germany, France and the U.K. are embarking on a diplomatic mission to salvage what they can of the accord, both to keep Iran on side and to shield European companies from U.S. sanctions that threaten billions of dollars of investment.