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etvfutures.com May 22, 2018


The foreign Ministers of China and Iran negotiated a nuclear deal

16 May 2018, 02:11 | Opal Carroll

A man looks out from an Israeli position in the Golan Heights

A man looks out from an Israeli position in the Golan Heights

Zarif arrived in China to meet his Chinese counterpart Wang Yi on Sunday - the first stop on an urgent diplomatic tour to salvage the JCPOA deal. He did exactly what he had promised during his election campaign.

Trump directed his administration to "immediately begin the process of re-imposing sanctions" related to the deal, a White House statement said.

White House national security adviser John Bolton says "regime change" in Iran is not now part of the administration's policy, despite his past suggestions that the United States should push for a new government in Tehran.

The nuclear deal provided Iran with relief from sanctions in return for curbs on its nuclear program.

The sanctions will target critical sectors of Iran's economy, including petrochemicals, energy and finance.

Mogherini acknowledged the enormous challenge of finding a way around United States sanctions punishing businesses trading with Iran, which apply all around the world. Iran's President Hassan Rouhani promised that Tehran was determined to stick to the JCPOA and comply with its commitments.

Macron and Trump spoke by phone on Saturday, with the USA president urging "the need for a comprehensive deal that addresses all aspects of Iran's destabilizing activities in the Middle East", according to a White House readout of the call. "We will have to see whether [those] remaining in the JCPOA can deliver those benefits to Iran", Javad Zarif stated Tuesday. But Trump and other Republican Party leaders, apart from Israel, kept condemning the deal, which Trump described last week as "decaying and rotten". "The policy of the administration is to make sure that Iran never gets close to deliverable nuclear weapons". It cited, for instance, Trump's earlier dumping of the Paris climate change agreement with a promise to provide a better deal that he hasn't fulfilled. Antipathy towards Obama is a part of Trump's psyche. And yet, just as newly confirmed US Secretary of State Mike Pompeo was flying to North Korea to meet Kim for a second time, Trump reverted to his antagonistic modus operandi with regard to Iran. And he couldn't even win that war.

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"China will take an objective, fair and responsible attitude, keep communication and cooperation with all parties concerned, and continue to work to maintain the deal", Wang said, adding the agreement was "hard-earned".

European Union foreign policy chief Federica Mogherini insisted that it's not up to the U.S.to determine the deal's future anyway.

Iran is now seeking assurances from other signatories of the Treaty that they will remain faithful to its provisions.

He said that because of the deal, Iran was able to take advantage of turmoil in the region to advance its interests all across the Middle East, in Iraq, in Syria, in Lebanon, in Yemen, so that the consequences of being able to sell Iranian oil without restriction on the global market were providing them resources not just for their nuclear programme, not just as the world's central banker of worldwide terrorism, but conventional hostilities across the region as well.

The exit drew swift criticism from the deal's other signatories, including U.S. allies in Europe who'd tried for weeks to persuade Trump to remain on board and said they plan to keep their commitment to the deal.

If the United States continues to threaten fines against companies for violating the sanctions, France's Finance Minister Bruno Le Maire said on May 10 that European Union states would propose sanctions-blocking measures to the European Commission to protect their companies.

Iran has said it is preparing to resume "industrial-scale" uranium enrichment "without any restrictions" unless Europe can provide solid guarantees that it can maintain trade ties despite renewed United States sanctions.



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