The European Union (EU) has taken its first step to help salvage the Iran nuclear deal after the United States exit.
Iran's foreign minister Mohammed Javad Zarif reportedly met EU, British, French and German counterparts in Brussels on Tuesday (local time).
In a 90-minute meeting, Zarif hinted that the deal is on the right track.
Further, EU foreign policy chief Federica Mogherini insisted that the European institutions are committed to saving the Iran nuclear deal.
Mogherini further said the EU cannot provide a legal and economic guarantee to Iran but will ensure steady investment flow in the coming weeks.
She is scheduled to meet the European Union again next week.
On May 9, United States President Donald Trump withdrew from the deal while calling it unfair and warned of severe consequences if Iran resumes its nuclear programme.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
