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etvfutures.com January 16, 2018


Trump not to re-impose sanctions on Iran

14 January 2018, 02:22 | Opal Carroll

Trump speaks about the Iran nuclear deal in Washington DC

Trump on Iran Deal

Sanctions against Tehran were lifted in 2015 under the landmark nuclear deal signed between the Islamic Republic and six world powers.

President Trump would further couple the announcement with father sanctions to a total of 14 citizens and companies of Iran including the chief of the judiciary in Tehran, Ayatollah Sadeq Amoli Larijani.

"In a background briefing with reporters, senior administration officials also warned that this will be [the] last such waiver, calling on a follow-up deal with Europeans and a legislative fix from Congress", The Hill reported.

Rejecting the allegations that the Europeans did not support Trump's administration because of their economic interests, the deputy foreign minister said "it would be a big mistake to think that Europeans did that for their economic interests".

"The U.S. government, like other parties to the deal, is obliged to fulfill all its obligations, and if it fails to comply with its obligations under false pretexts, it should be fully held accountable for the consequences", the foreign ministry said in its statement.

The foreign ministry vowed to retaliate but did not say what form any action might take.

The ultimatum puts pressure on Europeans - key backers and parties to the global pact to curb Iran's nuclear programme - to satisfy Trump, who wants it strengthened with a separate agreement within 120 days.

In a thinly-veiled criticism of the new round of sanctions recently imposed by Washington on Iranian entities, Lu said that China is opposed to "unilateral sanctions imposed by relevant countries on other countries in accordance with their domestic law".

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The nuclear deal between Iran and six world powers - the US, UK, Russia, France, China, and Germany calls upon Iran not to undertake any activity related to ballistic missiles created to be capable of delivering nuclear weapons, including launches using such ballistic missile technology. Trump wants them to help the USA devise a new agreement created to prevent Iran from escalating nuclear activity again next decade, as permitted under the 2015 arrangement reached by President Barack Obama.

Officials in Britain and the European Union will likely welcome the news having fought hard to convince Trump to keep the deal in place.

On a tweet on Friday, Mohammed Javad Zarif, the foreign relations minister in Iran said that the U.S. must be in strict adherence to the terms of the deal just like what was expected of Tehran.

China will continue playing a constructive role in maintaining and implementing the Iran nuclear deal, Chinese Foreign Minister Wang Yi said on Saturday.

The White House is working with the congress on a USA legislation, which seeks provisions to permanently prevent Iran from acquiring nuclear weapons and subject Iran's long-range missile program to severe sanctions. Under the current deal they are set to expire in 2025.

To fix what he described "disastrous flaws" in the deal, Trump demanded that Iran be denied "all paths to a nuclear weapon not just for 10 years, but forever", and that Tehran allow "immediate inspections at all sites requested by global inspectors".

Washington policy hawks hailed Trump's decision, which they said would concentrate minds in Europe, where leaders have urged the u.s. president not to sabotage a deal they see as a landmark diplomatic success.



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