Emmanuel Macron - France Politics Headline Today

Subscribe to Newsletter

Subscribe to our daily curated newsletter to receive the latest of Politicoscope top politics stories delivered to your email inbox.

France has proposed offering Iran credit lines worth about $15 billion (12 billion pounds) until the end of the year in return for Tehran coming fully back into compliance with its 2015 nuclear deal, an offer that hinges on Washington not blocking it, Western and Iranian sources said. European leaders have struggled to calm confrontation between Tehran and Washington since U.S. President Donald Trump quit the deal, which guarantees Iran access to world trade in return for curbs to its nuclear programme. The United States re-imposed sanctions on Iran last year and tightened them sharply this year. Iran has responded by breaching some of the limits on nuclear material in the deal, and has set a deadline for this week to take further steps. Macron has spent the summer trying to create conditions that would bring the sides back to the negotiating table. An Iranian delegation was in Paris on Monday, including oil and finance officials, to fine tune details of credit lines that would give Iran some respite from sanctions that have crippled its economy and cut off its oil exports. “The question is to know whether we can reach this $15 billion) level, secondly who will finance it, and thirdly we need to get at the very least the tacit approval of the United States. We still don’t know what the U.S. position is,” said a source aware of the negotiations. A senior Iranian official familiar with the negotiations said: “France has offered the credit line of $15…

Subscribe to Our Newsletter

Subscribe to our daily curated newsletter to receive the latest exclusive Politicoscope coverage delivered to your email inbox.

Here’s why you should get Politicoscope premium articles:
1a. Premium News: Get all year access to Politicoscope.com premium articles on any device.
1b. Standard News: Get basic access to Politicoscope.com standard articles on any device.
2a. Premium News: Enjoy unlimited content with less on-site advertising.
2b. Standard News: Get basic articles with more on-site advertising.

*Best of All: Cancel anytime with Premium Membership. Limited time offers.
Log In Sign Up

Thank you for visiting Politicoscope.com. Was this information helpful?
+ Share it with friends or Leave your comment below.
+ Subscribe for content like this and more.
+ Submit news or tips.
You May Also Like:   Jolie King and Mark Firkin Charged With Spying in Iran Released

Donate

Donate now to help us provide more story like this.



More Donation Options

* Here are other Donation options for you.

* For Premium News readers, you can register here today.

Donate

Donate now to help us provide more story like this.



More Donation Options

* Here are other Donation options for you.

* For Premium News readers, you can register here today.

Comments are closed, but trackbacks and pingbacks are open.