EU business intends to honour Iran nuclear deal irrespective of Trump comments

US President Donald Trump
TAMPA, FL - NOVEMBER 05: Republican presidential nominee Donald Trump speaks at a campaign rally in the Special Events Center on the Florida State Fairgrounds November 5, 2016 in Tampa, Florida. Trump and his opponent, Democratic presidential nominee Hillary Clinton, are campaigning in key battleground states that each must win to take the White House. (Photo by Chip Somodevilla/Getty Images)

Business leaders within the European market have given export guarantees to Tehran in an effort to retain the Iran nuclear deal in the event of US withdrawal, the Guardian has reported.

As Trump seeks to ‘decertify’ the agreement, Helga Schmid, secretary general of the European External Action Service gave clear assurances of an open communication channel and a ‘spirit of agreement’.

These reassurances came at the Europe-Iran forum in reaction to comment made by President Trump that the agreement would be unlikely to have future US support.

Trump, during his maiden UN address described the arrangement as “one of the worst and most one-sided transactions the United States has ever entered into.”

However, Helga Schimd clearly stated that the deal could not be changed unilaterally, pointing to a 94% increase in Europe-Iran trade for the first period of 2017 in comparison to last year.

She said: “We have passed a very clear message: the nuclear deal is working and delivering and the world would be less stable without it.”