Why Is France Offering $15 Billion to Appease Iran?
Despite growing evidence that Iran has been violating the 2015 nuclear deal (the JCPOA) as well as recent Iranian provocations in the Persian Gulf, including seizing ships and shooting down a U.S. drone, France is considering offering Iran a $15 billion letter of credit to salvage the nuclear deal and to convince Tehran to comply with it.
France may offer Iran this financial package despite the undeniable weakness of the JCPOA and the success of President Trump’s “Maximum Pressure” campaign which is squeezing the Iranian economy and making it harder for Tehran to fund destabilizing and belligerent activities such as its military, nuclear and missile programs, Iranian troops in Syria, and terrorist groups like Hezbollah.
Fred Fleitz served in 2018 as a Deputy Assistant to President Donald Trump and Chief of Staff to National Security Adviser John Bolton.
Latest posts by Fred Fleitz (see all)
- The Iran nuclear negotiations: Why the humpty dumpty JCPOA should not be renewed - December 7, 2021
- Time to end diplomacy with Iran and admit Trump was right - December 3, 2021
- The US should walk out of the Iran nuclear talks - November 30, 2021