September 25, 2018 / 1:58 AM / 24 days ago

Major powers, Iran agree to keep trying to maintain trade

UNITED NATIONS (Reuters) - The remaining parties to the Iran nuclear deal said on Monday they agreed to continue work to create a special mechanism to maintain trade with Iran, including in oil, following the U.S. withdrawal from the 2015 pact.

FILE PHOTO: European Union High Representative for Foreign Affairs and Security Policy Federica Mogherini arrives at a European Union leaders summit in Brussels, Belgium, March 22, 2018. REUTERS/Francois Lenoir/File Photo

“Mindful of the urgency and the need for tangible results, the participants welcomed practical proposals to maintain and develop payment channels, notably the initiative to establish a special purpose vehicle to facilitate payments related to Iran’s exports, including oil,” European Union foreign policy chief Federica Mogherini told reporters after a meeting of senior officials from Britain, China, France, Germany, Russia and Iran.

Reporting By Parisa Hafezi, John Irish, Michelle Nichols and Arshad Mohammed; Writing by Arshad Mohammed; Editing by Sandra Maler

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