practical proposals two month tain and develop payment channels. notably the initiative to establish a special therapist they call to facilitate payments related to dance exports including oil and imports which will assist and reassure economic operators they re seeing legitimate business with iran. the creation of this new monetary transfer system to continue trading with iran is intended to save the nuclear agreement this would prevent banks involved in those transactions from becoming targets of u.s. sanctions themselves european companies would then have the ability to trade with the rand again at least when it comes to payment transactions. europe correspondent . from a brussels go what are you hearing there is that the secrets to keep trading and run the u.s. sanctions well it will work in practice avoiding banks in avoiding global money
a way to keep the nuclear deal with tehran alive and trade is the key word here since u.s. president from we instated economic sanctions against tehran over this nuclear program european companies have been worried about their business ties with iran due to the sanctions trans actions company made through the international banking systems the e.u. has now find a new way to trade with iran and to save the nuclear deal in the process. federica mother really believes she s found the solution the e.u. foreign affairs commissioner wants to continue doing business with iran by developing a new financial institution in new york she met with the remaining signatories of the iran nuclear agreement and presented her model. that but disciplines welcomed practical proposals to month tain and develop payment channels notably the initiative to establish a special third of a call to facilitate payments related to a dance exports including oil and imports which will assist and reassure economic