In a major declaration, German Foreign Minister Heiko Maas stated that Europe should maintain a “balanced affiliation” with the United States whenever Washington “crosses red lines.”
In a report, Heiko said Germany is eyeing a “counterbalance” with the United States, in which it “brings its weight where the US withdraws.”
“Single-handedly, we will fail in this task. The main goal of our foreign policy is therefore to build a sovereign, strong Europe,” Maas added.
Maas’ statement arrives in the backdrop of stressed relations between the US and its European associates after US President Donald Trump placed taxes on the imports of steel and aluminum from the European Union and bowed out of a nuclear contract between Iran and top powers.
Europe has been jumbling to influence Tehran to linger in the 2015 agreement. However with European companies wary of across-the-board US financial punishments, it’s demonstrating to be a confrontation.
EU payment system
Maas stated that Europe requires setting up payment arrangements independent of the US if it wishes to save the nuclear contract.
“That’s why it is indispensable that we strengthen European autonomy by creating payment channels that are independent of the United States, a European Monetary Fund and an independent SWIFT system,” Maas wrote.
“Every day the deal is alive is better than the highly explosive crisis that would otherwise threaten the Middle East.”
Iran appealed to Europe to accelerate attempts to save the contract after French oil group Total formally drew of a chief gas project on Monday.
The European Union has vowed to contradict Trump’s replenished sanctions on Iran, comprising through a new commandment to protect European companies from disciplinary measures.
“Given the circumstances, it is of strategic importance that we tell Washington clearly: we want to work together,” Maas wrote. “But we will not allow you to hurt our interests without consulting us.”
Hannah Weber is a seasoned journalist with nearly 10 years experience. While studying journalism at FernUniversität Hagen, Hannah found a passion for finding engaging stories. As a contributor to Deutch News, Hannah mostly covers human interest pieces.