The threat of US sanctions has seen EU firms such as French and German car makers Daimler, Peugeot, and Renault, German engineering company Siemens, and French energy firm Total walk away from new ventures in Iran.
But „we [the EU] cannot accept that the US decided the regions with which European companies can or cannot do business,“ Belgian prime minister Charles Michel said after meeting Iranian president Hassan Rohani in New York.
„We‘re working hard on this [the SPV] with our European partners,“ German foreign minister Heiko Maas said.