Germany ready to help its firms keep doing business in Iran

Germany is ready to help minimize the impact on its businesses of President Donald Trump's decision to pull the United States out of the 2015 Iran nuclear accord, Economy Minister Peter Altmaier said on Friday.

"We are ready to talk to all the companies concerned about what we can do to minimize the negative consequences," Altmaier told Deutschlandfunk radio. "That means, it is concretely about damage limitation."

Germany had no immediate reason to change its Hermes export guarantee scheme for Iran.

He said Germany had no legal means of protecting German companies that do business in the United States.