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France will not be able to give Iran a $ 15 billion credit without US approval

UNITED STATES, WASHINGTON (OBSERVATORY) — The Secretary of the Treasury of the United States stresses that France is not able to grant Iran a line of credit up to $ 15 billion without the approval of Washington.

France will not be able to give Iran a credit of $ 15 billion without receiving Washington’s approval, said September 12th Secretary of the Treasury Steven Mnuchin, cited by Sputnik.

He also said that he and Secretary of State Mike Pompeo “have carried out a maximum pressure campaign” on Iran. France, according to him, realizes that it could not circumvent Washington on the question of credits.

A plan proposed by French President Emmanuel Macron plans to grant a credit line of $ 15 billion to Iran in exchange for Tehran’s compliance with the 2015 nuclear agreement. The line of credit would be guaranteed by the Iranian oil. The idea would also be to allow Iran to sell at least 700,000 barrels of oil a day. The credit should enable him to benefit from a strong currency by circumventing US sanctions.

Iran has already announced that after the granting of a $ 15 billion credit line, it would be ready for talks with the 4 + 1 countries.

“Following Mr. Macron’s telephone conversation, the Iranian President told him that Europe has only two options: either it will buy Iranian oil or it will give it a line of credit that will be guaranteed by the government. Iranian oil, “said Iranian Deputy Foreign Minister Abbas Araqchi.

He then said that after receiving the $ 15 billion, the RII would be willing to negotiate with the 4 + 1 countries.

Araqchi also said “Iran will not negotiate with anyone on its red lines”.

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