With Sanctions Clock Ticking, Iran Races to Reap Deal Benefits - Bloomberg

With Sanctions Clock Ticking, Iran Races to Reap Deal Benefits - Bloomberg:

Iran’s Mehrabad International Airport may have seen one of the final benefits of the 2015 nuclear agreement.

As the U.S. prepares to slap new sanctions on the Iranian economy this week after pulling out of the accord, state-run Iran Air took delivery on Sunday of five passenger planes manufactured by ATR, a venture between France’s Airbus SE and Italy’s Leonardo SpA, after France secured American approvals to send the aircraft. In a ceremony at the airport, Iran Air’s top executive suggested that Europe could do more to rescue the deal it co-signed in 2015.

The delivery of the ATR planes shows how the European Union can protect the companies doing business with Iran from the impact of U.S. measures -- if it wants to do so, Chief Executive Officer Farzaneh Sharafbafi said, according to the official Islamic Republic News Agency.