Published: Wed, May 16, 2018
People | By Leon Thompson

Europe, Iran seek to save nuclear deal after USA pullout

Europe, Iran seek to save nuclear deal after USA pullout

"The PM said the United Kingdom would continue to work with the U.S. to keep up the pressure on North Korea to denuclearise".

France has slammed an "unacceptable" the United States move to re-impose sanctions on companies trading with Iran following President Donald Trump's decision to dump the landmark 2015 deal that sought to curb Tehran's nuclear programme.

In a 2016 meeting of the Council on Foreign Relation in Washington, Seif said Iran achieved "almost nothing" from the deal.

President Donald Trump failed to strike a deal with Iran last week when he met with leaders to discuss the country's contested nuclear program.

Trump s announcement last Tuesday that the USA was exiting the 2015 nuclear accord was met with widespread dismay in Europe where companies now face the threat of sanctions if they do business with Iran.

Britain has informed the United States that they remain firmly committed along with their European partners to maintain the Iran Nuclear Deal.

Zarif's statement said that with the US withdrawal from the deal, Iran is prepared to embark on the 2025 enrichment project now. We have the support of the Arab oil-producing monarchies and many others.

They try to reason with the nightmare caricature of Yankee chauvinism; then to flatter to him; finally, they beg him, as though asking the US not to sabotage its own interests is some kind of favor.

Now EU officials say they are revamping the statute to avoid the latest USA restrictions on firms doing business with Iran.

Washington has long complained that the nuclear deal does nothing to stop Iran's ballistic missile program or its interference in conflicts across the Middle East from Syria to Yemen.

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Top Iranian officials, including Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei and President Hassan Rouhani, have said Europeans must give the required guarantees in order for Tehran to stay in the deal. He wants European companies to be able to continue trade with Iran despite U.S. President Donald Trump's decision to re-impose sanctions.

In her latest comments on Iran and sanctions, Chancellor Merkel said: "It is in our interest to have a strong transatlantic relationship".

"They agreed on the need for calm on all sides and on the importance of tackling Iran's destabilising activity in the region", the spokesman said.

Mr Zarif is likely to seek assurances on European investments and the fate of a troubled 100-aircraft Airbus order following the U.S. decision to reinstate sanctions on the Islamic Republic, said analysts.

Seif, whose role is equivalent to the Federal Reserve chairman in the USA, oversees major financial decisions in Iran.

"I am not prepared to evaluate the position of our Iranian counterparts concerning these developments", Ryabkov said when asked about Iran's compliance with the JCPOA.

Zarif said the latest US decision was "illegal".

China offers Iran a valuable alternative to trade with the USA and Europe. In this case, the US chose to also impose "secondary sanctions", which also apply to non-Americans and non-U.S. companies.

But she emphasised that numerous problems began long before Trump's move last Tuesday.

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