Pod Save America Hosts Call on Democrats to Cut All Israel Military Aid, No Longer Accept AIPAC Funding
Jews, Israelis Targeted in Austria Amid Surge in Antisemitic Incidents; Local Jewish Community Calls for Action
‘All of Our Strength’: Over 1,000 Pro-Israel Activists Gather in DC for Solidarity Conference
‘Devastated’: Wesley LePatner, Killed in Manhattan Mass Shooting, Was a Jewish Communal, Philanthropic Leader
Sen. Angus King Vows to No Longer Vote for Israel Military Aid Until Gaza Conditions Improve
Europe Won’t Pressure Israel to ‘Commit Suicide’ Amid Gaza Backlash, Palestinian State Push, Says Israeli FM
Israel’s National Soccer Coach Attacked in Athens Before Soccer Fans Chant ‘F–K Israel, Free Palestine’ at Match
New York Judge Sentences Neo-Nazi to 5 Years for Livestreaming Bomb Threats Against Jewish Hospitals
US Pressures Lebanon to Issue Cabinet Decision to Disarm Hezbollah Before Talks Continue
UK Plans to Recognize Palestinian State in September Unless Israel Meets Conditions, Starmer Says
EU Agrees to Send 18 Million Euros in Development Aid to Iran
Error: Contact form not found.
by Reuters and Algemeiner Staff
Iranian President Hassan Rouhani attends a news conference at the Chancellery in Vienna, Austria, July 4, 2018. Photo: Reuters / Lisi Niesner / File.
The European Union agreed to send 18 million euros ($20.6 million) in aid to Iran on Thursday, including for the private sector, to help offset the impact of US sanctions and salvage a 2015 deal that saw Tehran pledge to limit its nuclear ambitions.
The announcement is part of the bloc’s high-profile efforts to support the nuclear accord that President Donald Trump abandoned in May. It is part of a wider package of 50 million euros earmarked for Iran in the EU budget.
The EU is working to maintain trade with Iran, which has threatened to stop complying with the nuclear agreement if it fails to see the economic benefits of relief from sanctions.
The bloc’s foreign policy chief Federica Mogherini said in a statement that the bloc was committed to cooperation with Iran.
“This new package will widen economic and sectoral relations in areas that are of direct benefit to our citizens,” she said.
The bloc will spend 8 million euros on the Islamic Republic’s private sector, including assistance for small and medium-sized enterprises and Iran’s Trade Promotion Organisation.
A further 8 million euros will go to environmental projects and 2 million euros to fighting harm caused by drugs.
