To: Pogeu Mahone who wrote (148408 ) 5/9/2019 5:45:43 PM From: ggersh Read Replies (1) | Respond to of 217944 Looking in the wrong place Iran challenges Europe and China to stand up to US over nuclear deal By taking a couple of small, carefully calibrated steps towards the exit from the 2015 nuclear deal , Iran has given Europe and China a two-month ultimatum to stand up to the US on the world stage, or risk a slide towards a new Middle East conflict. The erosion of that multilateral agreement and the return to military posturing in the Persian Gulf , has been driven by a small number of radical players in the Trump administration, the Israeli government, and the Saudi and Emirati monarchies. In the US and Israel, this has happened in the face of resistance from the defence establishment. In the year since Donald Trump abrogated the multilateral agreement with Iran – by which Tehran accepted stringent limits on its nuclear programme in return for sanctions relief – the European, Russian and Chinese parties to the deal swore to uphold it. But they have failed so far to shield Iran from redoubled US sanctions. Corporations feared being blacklisted in the US more than they feared losing a share in the Iranian market. European efforts to insulate its companies from sanctions have so far proved flimsy. Tehran’s initial response to Trump’s effort to destroy the deal was strategic patience, relying on the rest of the world to keep its economy afloat. Iran hoped that Beijing at least would defy the US and continue to buy its oil when the US ended sanctions exemptions for the last handful of Iran’s remaining customers on 2 May. So far, that has not happened. Now, Beijing is nervous about derailing delicate trade talks with Washington, and Chinese imports have dipped. ... “For the Europeans, the Chinese and Russians, the nuclear deal has been a priority but it has not been in the top three priorities. It has been the sacrificial lamb,” said Ellie Geranmayeh, senior policy fellow at the European Council on Foreign Relations. By raising the stakes , Iran has challenged Europe and China to wean themselves off dependence on the dollar – for both a long-term aspiration. Iran is now giving them 60 days to take significant strides or face a potentially severe new crisis in the Middle East. ... It is now China and Europe’s move.caucus99percent.com