Iran calls for EU help as shipping giant pulls out for fear of U.S. sanctions


  • World
  • Saturday, 07 Jul 2018

FILE PHOTO: Iran's President Hassan Rouhani attends a news conference at the Chancellery in Vienna, Austria July 4, 2018. REUTERS/Lisi Niesner/File Photo

AIX-EN-PROVENCE, France/LONDON (Reuters) - One of the world's biggest cargo shippers announced on Saturday it was pulling out of Iran for fear of becoming entangled in U.S. sanctions, and President Hassan Rouhani demanded that European countries to do more to offset the U.S. measures.

The announcement by France's CMA CGM that it was quitting Iran deals a blow to Tehran's efforts to persuade European countries to keep their companies operating in Iran despite the threat of new American sanctions.

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