Fri. Nov 22nd, 2019

GONEWSYT

Just Real, No BS

US calls for IRAN embargo, While EU and UK call trade channels OPEN

1 min read
IRAN DEAL

IRAN DEAL

The US State Department is calling to renew the arms embargo on Iran that expires in one year.

“On October 18, 2015, the UN security council adopted resolution 2231, which memorialized the Iran deal.

This resolution allows Iran in October of 2020 to buy and sell advanced weaponry.”

In the first six months of 2019, the value of European Union imports from Iran decreased by 94 percent in comparison with the same period in 2018.

The countries which imported the most were Romania and Bulgaria, which imported only 22 million and 19 million euros worth of goods, respectively.

Vice-President of the British-Iranian Chamber of Commerce said that the channel for legal trade with Iran is still open despite U.S. against the country.

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