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EMEA Trade Report: Iran Nuclear Deal, Eurozone, Free Trade Area

2018-05-14
 

Europe

 
Baku looks to become free trade zone modelled on Dubai
Azerbaijan ““has the opportunity to be a real transport hub and a link between east and west, north and south,” an EU official said. “‘These are the ambitions that it has, and it’s certainly in Europe’s interest to be part of the attainment of those ambitions,’ he adds.”

[Euractiv]
 
Croatia accelerates plans for joining eurozone
“Croatia’s government began to think in earnest about joining the eurozone on Thursday (10 May), when it adopted a new strategy that targets switching to the single currency within five to seven years. But opposition forces claim that it is not in Croatia’s best interests.”

[Euractiv]
 
 

Middle East

 
Iran nuclear deal will hold, EU official says
“Europeans are seeking to demonstrate that they can still deliver most of the economic benefits Tehran was promised in exchange for giving up its nuclear weapons program and allowing a robust system of international inspections, as well as persuade European companies active in Iran not to abandon their deals out of fear of being penalized by the U.S.”

[Politico]
 
Survival of JCPOA possible if other parties guarantee Iran’s interests

[Tasnim News Agency]
 
U.S. exit from JCPOA won’t affect Iran’s oil, gas exports

[Tasnim News Agency]