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Weapons of Mass Destruction (WMD)

Germany looking at payment system with Iran to save JCPOA

ISNA - Iranian Students' News Agency

Sat / 15 September 2018 / 09:49

Tehran (ISNA) - Germany and its European partners are considering setting up a payment system with Iran to save 2015 nuclear deal known as the Joint Comprehensive Plan of Action (JCPOA), Reuters reported.

Germany and its European partners are considering setting up a payment system with Iran that allows the continuation of business transactions with the Islamic Republic once U.S. sanctions kick in, an economy ministry spokeswoman said.

"As you know, it is a central goal of the EU and the German government to ensure that the processing of transactions is secured," the spokeswoman said during a regular government news conference. "All options are being considered."

The report comes on the heels of the US President Donald Trump's claim of reinstating the US nuclear sanctions on Iran and imposing "the highest level" economic bans on the Islamic Republic.

This is while, Director General of the International Atomic Energy Agency (IAEA) Yukiya Amano earlier in a statement announced that Iran has complied with its commitments under the Joint Comprehensive Plan of Action (JCPOA).

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