EU Parliament backs proposal for European Investment Bank work in Iran

In light of the rcent US decision to withdraw from the JCPOA and to reimpose sanctions on Iran, the EU Parliament approved last week (4 July 2018) the first reading of a Commission Delegated Decision which adds Iran to the list of countries eligible for investment activities by the European Investment Bank (EIB) (the EIB’s External Lending Mandate). The Delegated...