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16 May 2018 E3+1 and Iran Agree on Practical Solutions to Keep the JCPA Fully Operational

Despite the US withdrawal from the Joint Comprehensive Plan of Action, the European Union has renewed its commitment to the Iran Nuclear Deal. On 15 May, as a result of the meeting of HR/VP Federica Mogherini with the Foreign Ministers of France (Jean-Yves Le Drian), Germany (Heiko Maas), and the United Kingdom (Boris Johnson), it was stated that the EU will work to keep the Agreement alive and protect the EU economic investments and security interests.
Later on, E3+1 conducted the talk with the Foreign Minister of the Islamic Republic of Iran Mohammad Javad Zarif and agreed on some practical solutions in order to keep the JCPA fully operational. It includes maintaining and deepening economic relations with Iran, including imports  of the country`s oil and gas condensate petroleum products and petrochemicals, effective EU-Iran bank transactions, the further development and implementation of Memoranda of Understanding and contracts between European companies and Iranian counterparts, and other economic measures. Javad Zarif expressed his satisfaction with a “very good and constructive” meeting and his confidence that both sides were “on the right track” to make sure that the interests of the deal’s “remaining participants, particularly Iran, will be preserved and guaranteed.”
Talking about future steps in this direction, Mogherini stressed that “the implementation of the JCPOA is also on the agenda of our next Foreign Affairs Council in some 10 days from now. So the Foreign Ministers of all the 28 Member States will have – at the latest at that stage – the possibility of working together on common work along these and similar lines”.