"We reaffirmed together our resolve to continue to implement the nuclear deal in all its parts in good faith and in a constructive atmosphere", Federica Mogherini told a press conference late Tuesday after talks with the foreign ministers of France, Germany, the United Kingdom and Iran. "We are talking about solutions to keep the deal alive", she said, adding that measures would seek to allow Iran to keep exporting oil and for European banks to operate with the country.
The top official has reemphasized the country's position on the Joint Comprehensive Plan of Action, commonly to as the Iran nuclear deal: in particular, that country plans to receive the economic benefits from the agreement, which were initially stipulated in it.
Iranian President Hassan Rouhani has said Tehran will stay committed to the deal, which China, Russia, Britain, France and Germany also signed, provided those powers ensured Iran was protected from sanctions.
"I cannot talk about legal or economic guarantees but I can talk about serious, determined, immediate work from the European side", Mogherini said.
European diplomats acknowledged that the EU support, however honest, risked looking hollow after Trump reimposed an array of wide sanctions last week on Iran that will hit European companies investing there.
"I would like our debate to reconfirm without any doubt that as long as Iran respects the provisions of the deal, the European Union will also respect it", Tusk said.
"Nuclear agreement" with Iran is not in need of additions or changes.
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Russian President Vladimir Putin has already spoken with Germany's Angela Merkel and Turkey's Recep Tayyip Erdogan about the efforts, after voicing his "deep concern" over US President's Donald Trump's decision.
On whether the U.S. was willing to impose sanctions on European countries that work with Iran, Bolton stated: "It's possible".
The president's bluster is bolstered by the risky "yes" men now by his side - hawkish John Bolton, President Trump's new national security adviser, who in the past has called for bombing Iran and North Korea, and hardliner Mike Pompeo, a former Tea Party member of the U.S. House of Representatives from Kansas who President Trump recently shifted from head of the Central Intelligence Agency to secretary of state after dumping Rex Tillerson.
She didn't specify which measures could be put in place to bypass United States sanctions, and protect European companies from potential punitive actions, repeating on several occasions that the technical details will be presented in a matter of weeks.
The EU is also looking at how it could develop special financing vehicles for doing business with Iran.
Speaking in the House of Commons, the United Kingdom foreign secretary, Boris Johnson, admitted it would be very hard to protect European business "due to the extra-territorial effect of USA sanctions and the difficulty companies have when they touch the live wire of the American financial network and they find themselves nearly immediately sanctioned".
German exports to Iran totalled almost 3 billion euros in 2017, while French exports soared from 562 million euros in 2015 to 1.5 billion in 2017 and oil giant Total has pledged to invest some $5 billion in the South Pars gas field.