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September 14, 2018 11:23 am

Germany Looking at Payment System With Iran to Save Nuclear Deal

avatar by Reuters and Algemeiner Staff

The Berlin skyline. Photo: Tanweer Morshed via Wikimedia Commons.

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 US sanctions kick in, an Economy Ministry spokeswoman said on Friday.

“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.”

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