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Germany looking at payment system with Iran to save nuclear deal

Germany looking at payment system with Iran to save nuclear deal
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By Reuters
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BERLIN (Reuters) - Germany and its European partners are considering setting up a payment system with Iran that allows the continuation of business transactions with the Islamic Republic once U.S. sanctions kick in, an economy ministry spokeswoman said on Friday.

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"As you know, it is a central goal of the EU and the German government to ensure that the processing of transactions is secured," the spokeswoman said during a regular government news conference. "All options are being considered."

(Reporting by Michelle Martin and Riham Alkoussa; writing by Joseph Nasr; editing by Thomas Seythal)

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