France has proposed to extend to Iran a credit line of US$15 billion for oil “pre-purchases” in exchange for full compliance with the nuclear deal. According to conservative lawmaker Ali Motahari, the plan was negotiated during phone discussions between France’s President Emmanuel Macron and Iranian President Hassan Rouhani, and a recent meeting between Macron and Iran’s Foreign Minister, Javad Zarif. France has proposed to transfer the money of the US$15-billion credit line in three separate installments if Iran returns to full compliance with the nuclear deal and withdraws threats from previous months that it would ramp up its nucle
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