The EU3+3 Iran Proposal

Lots of confusion to sort through when it comes to the EU3+3 proposal just delivered to Iran. Iran rejected the offer. Or it didn’t. The EU foreign ministers meeting in Brussels agreed to freeze the assets of Iran’s largest European banking outlet, the Melli Bank. Or it didn’t. And Iran removed $75 billion from its European accounts as a precaution. Unless, of course, it didn’t. The proposal itself (I’ve read the French version here (.pdf), and I’m trying to track down an English version, but you can get a sense of it here and here) offers a trust building “freeze […]

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