Africa Business News

The UK, France and Germany are to retain sanctions on Iran in an attempt to deter Tehran from selling drones and missiles to Russia. In 2015 Iran agreed to a nuclear deal and, under the terms, some sanctions were due to be lifted next month. The European nations, however, believe Iran breached the deal by enriching and storing uranium. Iran says their move is illegal and provocative and clearly violated the terms of the nuclear deal. The European powers announced that they would incorporate expiring UN sanctions into their own laws. Some of the measures are supposed to stop Iran from developing and exporting ballistic missiles and drones.