More than €143 million worth of Irish exports to Iran are under threat from U.S. president Donald Trump's decision to pull out of the global nuclear deal and to reimpose sanctions on the Islamic state.
Iran's foreign minister said Tuesday that efforts to save the nuclear deal after the abrupt USA withdrawal were "on the right track" as he began talks with European powers in Brussels.
The United States has threatened to impose sanctions on European companies that do business with Iran, as the remaining participants in the Iran nuclear accord stiffened their resolve to keep that agreement operational.
Trump's decision to pull the US out of the Iran nuclear came despite pleas from European allies to remain in the Obama-era agreement.
"If the government of New Zealand obeys any sanction against Iran, it is not sanction against Iran it is a sanction against the New Zealand companies", Mr Mianji said.
He will also meet with the foreign ministers of Germany, France and the United Kingdom in Brussels on Tuesday to discuss the future of the deal. On May 8, when US President Donald Trump announced his decision to quit the deal, Israel delivered strikes on Iranian military positions in Syria, according to Syrian media.
The 2015 agreement sought to curb Iran's nuclear programme in return for the lifting of economic sanctions.
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The sanctions will target critical sectors of Iran's economy, including petrochemicals, energy and finance.
On Sunday, U.S. Secretary of State Mike Pompeo said Washington still wants to work with Europe to counter Iran's "malign behavior" and was working hard to thrash out a more wide-ranging deal with its European partners.
Iran's president Hassan Rouhani has assigned his foreign minister to review the future of the Joint Comprehensive Plan of Action (JCPOA), through direct talks with his British, Chinese, French, German and Russian counterparts. In the past, the European Union has also lodged complaints at the World Trade Organization.
Zarif told Wang that maintaining the nuclear deal will serve Iran's interest. If the United States punishes European companies for doing business with Iran, foreign companies will likely walk away from Iran.
Minister for trade and export David Parker last week said it was still unclear to the nations who remained in the nuclear agreement what exports or trade were at risk when associating with Iran.
The deal's proponents say it is crucial to forestalling a nuclear Iran and preventing wider war in the Middle East.
The top Iranian diplomat made the comments at a meeting on Monday with his Russian counterpart, Sergei Lavrov, in Moscow, the second destination on his diplomatic tour aimed at saving the nuclear deal, officially called the Joint Comprehensive Plan of Action (JCPOA). "We don't have much to threaten the Americans".