The decision overturned years of painstaking diplomacy and left European allies scrambling to save the hard-fought deal. Washington has given European firms doing business in Iran up to six months to wind up investments or risk US sanctions and they are also forbidden from signing any new contracts with Iran. "We feel that the extraterritoriality of their sanction measures are unacceptable," he told the French daily Le Parisien. Europeans, he added, would "do everything to protect the interests of their companies" and planned to lead "tight negotiations" with Washington via the European Union. Trump's decision to pull out of the Iran deal has left his country diplomatically isolated.

Source: The Nation Bangkok May 11, 2018 01:30 UTC