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Trump threats loom over Iran-EU business summit

European executives say uncertainty over the fate of the nuclear deal and Iran’s sclerotic economic environment are bad for business.
Visitors walk past Total's stand at the 14th International Oil, Gas & Petrochemical Exhibition (IOGPE) in Tehran April 21, 2009. REUTERS/Morteza Nikoubazl (IRAN BUSINESS ENERGY) - GM1E54L1IS801

ZURICH — Uncertainty over what US President Donald Trump will do with the Iran nuclear deal hung over a conference here on Europe-Iran business that showcased both progress as well as continuing internal Iranian obstacles to foreign trade and investment.

European diplomats have put forward a tough and united front against any US reimposition of nuclear-related sanctions at a time when the International Atomic Energy Agency has repeatedly confirmed Iranian compliance with the 2015 agreement. But European executives appear less confident about their ability to shield Iran deals from a potential resumption of US penalties if Trump decides not to certify that Iran remains in compliance with the deal later this month.

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