Germany-Iran Trade Collapses Under U.S. Sanctions-Report

BERLIN — Trade between Germany and Iran has collapsed under the impact of United States sanctions, data published by Funke newspapers showed, supporting Iran’s assertion that Europe is failing to help preserve the nuclear non-proliferation deal it signed.

Data from the German Chamber of Commerce showed that trade volumes between Iran and Europe’s largest economy were down 49% over the first four months of the year compared to the same period in 2018, with volumes continually declining.