European Union top diplomats to meet Iranian counterpart to salvage nuclear deal

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Mogherini launched a thinly veiled verbal assault on the US President as she set out her determination to save the Iran nuclear deal during an address in Florence today.

The French and German governments stressed the need for political independence from the White House as they took steps to safeguard the agreement which lifted economic sanctions against Iran in exchange for limits on the country's nuclear programme.

For critics like Mr. Dubowitz, who favored fixing the deal rather than nixing it, the failure to close the final gaps suggests that Mr. Trump was never serious about finding a remedy - that he was merely going through the motions before killing it.

The possible collapse of a deal which had promised to keep Iran in check comes as Israel attacked Iran's military installations in Syria.

The implications of the USA withdrawal are multi-faceted. As pointed out several times by journalists and foreign policy experts, now that the United States has broken down an agreement which it signed only three years ago, why would anyone trust them to respect another agreement?

French Foreign Minister Jean-Yves Le Drian, in an interview with Le Parisien published on Thursday, said European companies should not have to pay for the U.S. decision.

"I am hopeful in the days and weeks ahead we can come up with a deal that really works, that really protects the world from Iranian bad behavior", Pompeo said.

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"Do we want to be vassals who obey decisions taken by the United States while clinging to the hem of their pants?" "I think what we've seen is Iran's economic condition is really quite shaky so the effect here could be dramatic", he said.

It is a sentiment echoed by Germany and Britain, with UK PM Theresa May calling Trump to maintain that it would respect the treaty.

Iran's Foreign Minister Javad Zarif described his government's reaction to President Trump's decision on Tuesday to re-impose US sanctions on foreign companies that do business with Iran, in a statement posted to Twitter on Friday.

"This deal is not a bilateral treaty".

Meanwhile, the Kremlin said that Russian Federation and its ex-Soviet allies will sign a free trade pact with Iran.

Divisions in Iran over what should happen next were illustrated as senior cleric Ayatollah Ahmad Khatami told worshippers at Tehran University on Friday that European nations could not be trusted.

Media captionAnalysis: What's next for the Iran deal? That sanctions will return, cutting a portion of Iranian exports off global markets is only one facet. And if that happens, it could be potentially destabilizing for the entire world.

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