Reuters: Trump Administration cool to French plan for $15 billion Iranian credit line: officials
The Trump administration views a French proposal to extend a $15 billion credit line to Iran with some skepticism, U.S. officials said on Wednesday, adding that they had not seen any concrete proposal that would be in keeping with U.S. sanctions on Tehran.
“We are pretty skeptical of this,” a senior administration official told reporters during a conference call.
France has floated the idea of offering Iran about $15 billion in credit lines until the end of this year if Tehran comes fully back into compliance with its 2015 nuclear deal, according to Western and Iranian sources.
Such a move would require approval by the United States, which under U.S. President Donald Trump pulled out of the pact and has since sought to pursue a “maximum pressure” campaign against Iran.
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Previous Post: Iran Wants $15 Billion Over 4 Months To Return To Its Nuclear Commitments
WNU Editor: The Iranians are not going to accept this French demand .... No trade mechanism until Iran passes terrorism financing laws: French diplomat (Reuters).
Update: The U.S. is not going to bend .... US won't waive sanctions to allow French-proposed Iran credit line (AFP).
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