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giftedviz.com July 19, 2018


Iran slams USA 'disregard for global law' in United Nations letter

16 May 2018, 01:36 | Darnell Patrick

The Latest: Europe, Iran diplomats plan to save nuclear deal | The Telegraph

Iran says US exit from deal will not impact its oil

Pompeo said he was "hopeful in the days and weeks ahead we can come up with a deal that really works, that really protects the world from Iranian bad behaviour, not just their nuclear program, but their missiles and their malign behaviour as well".

The big losers are those who re-entered trade with Iran under the umbrella of the nuclear weapons deal, such as France with Total's US$5Bn 10-year deal to open South Pars gas reserves.

While in Moscow, Russian Foreign Minister Sergey Lavrov told Zarif that the remaining signatories of the deal have "legitimate interests in keeping it alive" while all of the relevant parties "need to defend the legitimate interests of each of us together".

On Sunday, White House national security adviser John Bolton said the U.S. may impose sanctions on European companies that do business with Iran, in an apparent warning against the move to maintain the deal without the US.

Russian media further cited Zarif as saying that Tehran and Moscow would do their utmost to keep the Iran deal in place less than a week after US President Donald Trump announced Washington's withdrawal from the JCPOA despite earlier global warnings and pleas for the White House not to attack yet another worldwide agreement.

US PresidentMr Donald Trump also instructed his administration to re-impose USA sanctions after a winding down period.

He is due to meet with counterparts from Britain, France and Germany on Tuesday.

The trip is carried out in line with the President Hassan Rouhani's directive for intensive talks on the possibility of preserving the JCPOA while the Iranian nation's interests are guaranteed.

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The removal of economic sanctions following the 2015 deal led European companies in particular to return to Iran.

Senior EU politicians recently threatened that the 28-nation bloc is ready to challenge any move that may harm their businesses in the Iranian market at the World Trade Organization (WTO). "We will try to uphold our side of the bargain".

They could consider retaliatory sanctions using the EU's so-called blocking statute that bans any European Union company from complying with USA sanctions and does not recognise any court rulings that enforce American penalties.

But of course we had these countries' "support" before, but they were not party to the deal.

"Iran is making every effort to save the deal through diplomatic means", says Yang Danzhi, the assistant director the Chinese Social Sciences Academy's Regional Security Center.

Tehran said it is too early to voice an opinion regarding the European companies' contracts in Iran such as those of Total and Renault, considering the six-month deadline which the United States president talked about. Officials in Brussels have said those issues should be dealt with outside the deal.

The Trump decision to dump an global deal for partisan political reasons is another in a series of USA moves that undermines confidence in the U.S.as a negotiating partner.

But European diplomats were despondent.



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