A new report released by the Foundation for Defense of Democracies (FDD) suggests the U.S. should still work to bridge its differences with Europe, as the violent Islamism of Iran’s clerical regime poses as much of a threat to Europe as it does to the United States.
The report observed that major international corporations are leaving Iran rather than face the risk of unilateral U.S. sanctions, despite the efforts of European governments to neutralize the sanctions’ impact.
The research report Foreign Investment in Iran: Multinational Firms’ Compliance with U.S. Sanctions observed that "31 European and Asian firms in the Global 500 announced they will be leaving the Iranian market or indicated their exit was imminent," within the first four months following the US pull-out from the nuclear deal with Iran.
The list of the companies that have already left Iran includes France’s Total, Airbus, and PSA/Peugeot, Denmark’s Maersk, Germany’s Allianz and Siemens, Italy’s Eni, Japan’s Mazda and Mitsubishi UFJ Financial Group, and BP from the United Kingdom.
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