Iran's President Hassan Rouhani arrives at the Austrian Chancellery in Vienna, Austria July 4, 2018. REUTERS/Lisi Niesner
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One of the world's biggest cargo shippers announced Saturday it was pulling out of Iran for fear of becoming entangled in U.S. sanctions, and President Hassan Rouhani demanded that European countries to do more to offset the U.S. measures.The announcement by France's CMA CGM that it was quitting Iran deals a blow to Tehran's efforts to persuade European countries to offer economic benefits to offset the new U.S. sanctions.Foreign ministers from the five remaining signatory countries to the nuclear deal -- Britain, France, Germany, China and Russia -- offered a package of economic measures to Iran on Friday to compensate for U.S. sanctions that begin taking effect in August, but Tehran said the package did not go far enough.Zanganeh said Iran's stance on this issue was clear.
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