Iran awaiting European guarantees on oil sales, banking: Zarif

Reuters 

(Reuters) - awaiting European guarantees on the sale of Iranian and relations, said on Saturday, according to the Agency (ISNA).

pulled the out of a 2015 nuclear deal between and world powers in May and is reimposing sanctions on Tehran, while other parties to the accord are trying to find ways to save the agreement.

"We are still waiting for to take action on the sale of Iranian and the preservation of channels," the Iranian said.

also defended the European Union's decision on Thursday to provide 18 million euros ($21 million) in aid to to offset the impact of U.S. sanctions, part of efforts to salvage the 2015 deal to limit Tehran's nuclear ambitions.

"This is a package that will help both sides have communication with each other and it doesn't have anything to do with the nuclear agreement and other hype," the said, according to

The top U.S. on Iran, Brian Hook, criticised the EU aid to on Friday and said it sent "the wrong message at the wrong time."

The EU funding is part of a wider package of 50 million euros earmarked in the EU budget for Iran, which has threatened to stop complying with the nuclear accord if it fails to see the economic benefit of relief from sanctions.

(Reporting by in Geneva; Editing by and Edmund Blair)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, August 25 2018. 20:31 IST