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French car equipment lobby group cancels July trip to Iran

EU prolongs economic sanctions against Russia for 6 months

France’s FIEV car equipment lobby group has canceled a July trip to Iran in light of current tensions between the United States and other European powers over a 2015 Iran nuclear deal, Reuters reported.

“The trip has been canceled and replaced instead by a meeting in France of our Iran club, so that we can reflect upon how to proceed in light of current events,” said FIEV president Jacques Mauge.
Tensions between Iran and the West have surged since President Donald Trump pulled the U.S. out of the 2015 nuclear deal with Tehran last month, calling it deeply flawed and reimposing unilateral sanctions.

Earlier this month, Peugeot-maker PSA Group said it had begun to suspend its joint venture activities in Iran to avoid U.S. sanctions after Washington’s withdrawal from the international nuclear deal.
French oil major Total also said in May that it would pull out of a multibillion-dollar gas project in Iran if it could not secure a waiver from U.S. sanctions.