Trump threats loom over Iran-EU business summit
European executives say uncertainty over the fate of the nuclear deal and Iran’s sclerotic economic environment are bad for business.
ZURICH — Uncertainty over what US President Donald Trump will do with the Iran nuclear deal hung over a conference here on Europe-Iran business that showcased both progress as well as continuing internal Iranian obstacles to foreign trade and investment.
European diplomats have put forward a tough and united front against any US reimposition of nuclear-related sanctions at a time when the International Atomic Energy Agency has repeatedly confirmed Iranian compliance with the 2015 agreement. But European executives appear less confident about their ability to shield Iran deals from a potential resumption of US penalties if Trump decides not to certify that Iran remains in compliance with the deal later this month.
