Agencies (Qasioun) – The French Foreign Minister Jean-Yves Le Drian condemned during his interview with Le Parisien that the US to re-impose sanctions on companies trading with Iran and described the movement as "unacceptable".
Le Drian said European companies should not have to pay for the US decision, as the US says firms have six months to halt business and cannot enter into new contracts or they will face sanctions.
Le Drian added "We feel that the extraterritoriality of their sanction measures are unacceptable. The Europeans should not have to pay for the withdrawal from an agreement by the United States, to which they had themselves contributed."
He said the new sanctions regime would also affect the US and that Europeans would "put in place the necessary measures to protect the interests of our companies and start negotiations with Washington" on the matter.
Mr Le Drian said the commitment of other partners to the Iran deal should be respected.
He said the effects of the US move were already being felt in rising oil costs and an increase in political uncertainty in the Middle East.
The action from Washington followed President Donald Trump's decision to pull out of a landmark deal that sought to curb Iran's nuclear programme.