{"id":2083,"date":"2018-05-22T15:10:22","date_gmt":"2018-05-22T15:10:22","guid":{"rendered":"http:\/\/kjtehrani.com\/en\/?p=2083"},"modified":"2019-01-13T20:24:43","modified_gmt":"2019-01-13T20:24:43","slug":"european-firms-after-joining-iran-mine-sector","status":"publish","type":"post","link":"https:\/\/kjtehrani.com\/en\/european-firms-after-joining-iran-mine-sector\/","title":{"rendered":"European firms after joining Iran mine sector"},"content":{"rendered":"
The European companies are eying to participate in Iran mine industry sector and are trying to bypass US unilateral sanctions, senior Iranian expert in mine and steel field said.<\/p>\n
European firms after joining Iran mine sector<\/span><\/strong><\/p>\n
They are attempting to take advantage of the obstruction law to stay in Iran, Keyvan Jafari Tehrani told the Islamic Republic News Agency (IRNA) on Tuesday.<\/p>\n
Referring to US unilateral withdrawal from Iran nuclear deal and also the obstruction law, he said Germany has strongly announced its readiness to stand against US.<\/p>\n
US President Donald Trump announced on May 8 that Washington would pull out of Iran nuclear deal and reinstate nuclear sanctions on Iran.<\/p>\n
The obstruction law prohibits EU companies\u2019 compliance with US foreign sanctions and allows corporations to compensate for the loss inflicted on them.<\/p>\n
The European companies are expected to continue their engagement in Iran based on joint ventures, Tehrani said.<\/p>\n
Pointing to China as the biggest buyer of Iran iron ore, he said at least 90% of Iran iron ore are being exported to China.<\/p>\n