Sections

ideals
Business Essentials for Professionals



World
15/07/2019

United Europe Needed To Salvage Iran Deal: EU Leaders




United Europe Needed To Salvage Iran Deal: EU Leaders
While European leaders get together to seek resolution paths for revival of the Iran nuclear deal and trying to bring the United States and Iran on to the negotiating table, the United Kingdom has warned that there is but a just a small window left to revive the deal.
 
Ever since US president Donald Trump unilaterally withdrew from a landmark pact last year, relationship between Washington and Tehran has been rife with tensions. Feud between the two parties soured further after the Trump administration imposed sanctions on Iran specifically aiming to stifle its oil trade and exports and squeeze Tehran of its finances. In recent weeks, Iran has repeatedly warned that it would not abide by some of the restraints of the nuclear deal.
 
Iran has however said that it would completely compile by the restrictions imposed on it by the nuclear deal if the European powers were able to loosed the US sanctions and allow Tehran to sell its oil on global markets so that it can keep its critical revenue stream running – which has been the aim of the US sanctions.
 
"Iran is still a good year away from developing a nuclear bomb. There is still some closing, but small window to keep the deal alive," UK Foreign Secretary Jeremy Hunt told reporters ahead of the Brussels meeting.
 
Hunt said that the deal between Iran and the world powers signed in 2015 could still be salvaged and added that there was disagreement between the UK and the US about the method for handling the Iran issue despite both being closest of allies.
 
The saving of the deal has to be done by European power in a united manner, said France's Foreign Minister Jean-Yves Le Drian, with the aim of   trying to convince Iran to not follow up on its threats of violating some of the contractions on its put by the nuclear deal. "The Europeans have to stay united on this issue," Le Drian told reporters on Monday.
 
While talking about the decision of Iran of violating some of the elements of the deal of which was abandoned by the United States last year, he said that it was "a bad response to a bad decision".
 
A day ago, France, Britain and Germany - the European signatories to the Iran deal, had warned that the deal could collapse and gave a call to Iran and the US to start talks. In a joint statement issued by the French president's office, the three countries called on "all stakeholders to pause, and consider the possible consequences of their actions". It added:
 
"We believe that the time has come to act responsibly and to look for ways to stop the escalation of tension and resume dialogue," the statement added.
 
Iran, the US, France, Britain, Germany, China and Russia were the signatories to the Iran nuclear deal – which is technically known as the Joint Comprehensive Plan of Action (JCPOA) and was made in Vienna. The aim of the accord was to restrict the nuclear weapons program of Iran.
 
US president Donald Trump pulled the US out of the deal in May 2018 and imposed some of the strictest sanctions against Tehran aimed specifically at strangulating the banking and the oil sector of the country.
 
(Source:www.aljazeera.com)

Christopher J. Mitchell

In the same section
< >

Mercredi 3 Janvier 2024 - 14:19 2023 Was The Second-Warmest Year Ever For The UK

Markets | Companies | M&A | Innovation | People | Management | Lifestyle | World | Misc