21.05.2018 - 21:23 [ Brussels Times ]

EU jumpstarts measures to protect companies investing in Iran

The Commission is also encouraging Member States to explore the possibility of one-off bank transfers to the Central Bank of Iran. This could help the Iranian authorities to receive their oil-related revenues, writes the Commission.
The Commission did not lose any time and dispatched its energy commissioner, Miguel Canete, to Teheran already during the weekend in a show of confidence building. Unusually for EU-Iran meetings, this time the meeting ended with a joint press statement on nuclear safety cooperation and “the strengthening of ties at all levels”.