As the most reliable and balanced news aggregation service on the internet, DML News App offers the following information published by NYTimes.com:
A senior Iranian delegation arrived in Paris on Monday to work out the details of a financial bailout package that France’s president, Emmanuel Macron, intends to use to compensate Iran for oil sales lost to American sanctions. In return for the money, Iran would agree to return to compliance with a 2015 nuclear accord.
Iranian press reports and a senior American official say that the core of the package is a $15 billion letter of credit that would allow Iran to receive hard currency, at a time when most of the cash it makes from selling oil is frozen in banks around the world. That would account for about half the revenue Iran normally would expect to earn from oil exports in a year.
The article goes on to state the following:
Mr. Macron’s government has declined to provide any details of its negotiations with the Iranians, though it was the subject of discussion between the French president and President Trump at the Group of 7 summit last weekend.
Handing the mullahs $15 billion in credit—as they shut down cooperation with the IAEA, and as their proxies fire rockets into Israel—would be humiliating capitulation to blackmail. Be better, Europe. https://t.co/wP3NA97nqK
— Tom Cotton (@SenTomCotton) September 3, 2019
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