Heiko Maas: EU to stick to Iran's nuclear deal

Heiko Maas: EU to stick to Iran's nuclear deal

Britain, France and Germany are committed to stick to their commitments from Iran’s nuclear deal with world powers, German Foreign Minister Heiko Maas said.

"We want to fulfil our obligations," he said during a joint news conference with his Iranian counterpart Mohammad Javad Zarif in Tehran. "We cannot work miracles, but we will try to avert a failure (of the nuclear deal)," Reuters cited Maas as saying.

The minister said it was important to continue dialogue with Iran and use those talks also for frank discussions. "The situation in the region here is highly explosive and extremely serious. A dangerous escalation of existing tensions can also lead to a military escalation," Maas added.

Earlier, foreign ministers of France, Britain and Germany announced the creation of the European financial settlement (INSTEX) mechanism with Iran that would allow legitimate trade with Iran to continue without falling foul of U.S. sanctions.

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