Press TV: Iran rejected the $15 billion line of credit

Press TV, the English Channel of the Islamic Republic State TV, reported that Tehran has rejected the $15 billion line of credit plan offered by the European countries in order to help Iran’s economy during sanctions.

On Wednesday, without offering any more details, Press TV announced: “Iran has rejected the $15 billion line of credit offered by the European Union.”

The report comes out after a high-ranking European official said Iran might accept a similar offer.

Yesterday, the French foreign minister Jean-Yves Le Drian said the negotiations on the $15 billion credit line to Iran continues:  “the idea is “to exchange a credit line guaranteed by oil in return for, one, a return to the JCPOA (Iran nuclear deal) ...and two, security in the Gulf and the opening of negotiations on regional security and a post-2025 (nuclear program),” but he then added that “all this supposes that President Trump issues waivers.”

The US special representative on Iran, Brian Hook, announced on Wednesday that no sanctions waivers will be provided for this plan.

The French Finance Minister also traveled to the United States on Tuesday to talk more about the mechanism of this credit line.

Immanuel Macron, the president of France tried to de-escalate rising tensions between Tehran and Washington by bringing two sides to the negotiation table. President Rouhani of the Islamic Republic and President Trump both talked about the possibility of negotiation at the time, but later president Rouhani declared that there wouldn’t be any negotiation unless the US lifts its sanctions. American officials also rejected the idea of lifting sanctions for negotiation.