Scrambling to save the 2015 Iran nuclear deal, Germany, France, Britain, Russia and China will meet in Vienna this week. But the United States will not be attending the meeting, which will be led by senior European Union diplomat, Helga Schmid.

The meeting comes in view of the US’ decision to withdraw from the deal, which forbids Iran from developing nuclear weapons.

As reported by Deutsche Welle (DW), Germany’s international broadcaster, they will discuss a new agreement similar to the 2015 deal, but also limiting Tehran’s ballistic missile programme and its regional role.

The new agreement may provide financial aid to Iran.

Meanwhile, the European Commission on May 18 began work on a series of measures to shield European companies investing in Iran and support Tehran’s economy, in the hope of salvaging the Iran deal. The EU hopes to save the nuclear accord by pumping money into Tehran as long as long as it complies with the 2015 deal to prevent it from developing an atomic weapon.