The 2015 international agreement lifted economic sanctions from Tehran in exchange for accepting restrictions on its nuclear industry. Last year, Washington pulled out of the deal and launched a “maximum pressure” campaign against Iran. The European signatories promised they would work on shielding the Iranians from the American U-turn, but Tehran was not satisfied and eventually started downgrading its commitments under the deal.

French President Emmanuel Macron on Wednesday said he has new proposals on what the Europeans can do about the situation.

“We have made proposals either for a softening of sanctions or a compensation mechanism to enable the Iranian people to live better,” Macron said, without elaborating. He said he would relay his plan to Tehran ahead of the upcoming G7 summit that France hosts.

Responding to the news on Thursday, Iranian Foreign Minister Mohammad Javad Zarif indicated his government was willing to negotiate.

“There are proposals on the table... and we are going to work on those proposals,” he said at the Norwegian Institute of International Affairs.

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