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[size=32]The European Parliament approves the work of the investment bank in Iran[/size]
[rtl]43 views[/rtl]
[rtl]The agency
gave EU lawmakers, their approval of the European Investment Bank to work in Iran , which keeps alive plans to rescue the nuclear agreement signed with Tehran in 2015 and pulled out of the United States.[/rtl]
[rtl]The investment bank is the EU's long-term investment arm and a key pillar of the EU's attempts to maintain business ties with Iran in the face of Washington's decision to re-impose sanctions on Iran.[/rtl]
[rtl]But the decision by EU lawmakers does not obligate the bank to work with Iran, a move that could threaten its ability to raise funds in US markets and thus have a major impact on its operations.[/rtl]
[rtl]The European Parliament overwhelmingly blocked a proposal from lawmakers from the far right to prevent the European Commission from lifting restrictions on the bank's dealings in Iran, paving the way for the bill to enter into force in early August.[/rtl]
[rtl]"We are giving the European Investment Bank the right to invest in Iran if there are suitable projects," said Siegfried Morissen, a lawmaker from the European Peoples Party who led the preliminary discussions on the proposal.[/rtl]
[rtl]"Iran's agreement is good for the security of Europe," he said, referring to an agreement signed by world powers in 2015 that would curb Tehran's ability to develop nuclear weapons.[/rtl]
[rtl]http://aletejahtv.com/archives/238681
[/rtl]
gave EU lawmakers, their approval of the European Investment Bank to work in Iran , which keeps alive plans to rescue the nuclear agreement signed with Tehran in 2015 and pulled out of the United States.[/rtl]
[rtl]The investment bank is the EU's long-term investment arm and a key pillar of the EU's attempts to maintain business ties with Iran in the face of Washington's decision to re-impose sanctions on Iran.[/rtl]
[rtl]But the decision by EU lawmakers does not obligate the bank to work with Iran, a move that could threaten its ability to raise funds in US markets and thus have a major impact on its operations.[/rtl]
[rtl]The European Parliament overwhelmingly blocked a proposal from lawmakers from the far right to prevent the European Commission from lifting restrictions on the bank's dealings in Iran, paving the way for the bill to enter into force in early August.[/rtl]
[rtl]"We are giving the European Investment Bank the right to invest in Iran if there are suitable projects," said Siegfried Morissen, a lawmaker from the European Peoples Party who led the preliminary discussions on the proposal.[/rtl]
[rtl]"Iran's agreement is good for the security of Europe," he said, referring to an agreement signed by world powers in 2015 that would curb Tehran's ability to develop nuclear weapons.[/rtl]
[rtl]http://aletejahtv.com/archives/238681
[/rtl]
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