Published: Fri, May 11, 2018
Medical | By Vicki Mclaughlin

Sanctions Expert On Iran Deal Withdrawal

Sanctions Expert On Iran Deal Withdrawal

Parliament Speaker Ali Larijani blamed "egotistical and amateurish" President Donald Trump and "Zionists" for pulling out of Obama's deal that lifted sanctions on Iran in the hopes of controlling its nuclear program.

Iran's supreme leader has challenged President Donald Trump over America pulling out of nuclear deal, saying: "You can not do a damn thing!"

Trump's advisor John Bolton said earlier that European firms doing business in Iran have a six-month deadline to wind up investments or risk U.S. sanctions.

"Under the current situation, Iran has no commitment whatsoever to be put in a position it was in the past as regards the nuclear issue", Larijani said, adding, "I am not sure whether the European signatories of the deal will fulfill their promises". "We fully trust the work, competence and autonomy of the International Atomic Energy Agency that has published ten reports certifying that Iran has fully complied with its commitments", she said.

In 2011 the IAEA had said it had found "credible" intelligence showing Iran's interest in acquiring nuclear weapons.

EU Commission President Jean-Claude Juncker said in a speech to a Belgian regional parliament that Trump's decision shows the U.S.

Trump immediately imposed sanctions on Iran, while Iran president Hassan Rouhani declared the country will enrich uranium "more than before" if negotiations fail in response to the U.S. withdrawing.

"There is a USA withdrawal from the agreement, but the agreement exists", the minister said.

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However, under the terms of the JCPOA, Iran had pledged to co-operate with the IAEA to answer its concerns over the "possible military dimensions" of its nuclear programme.

The agreement puts limits on Iran's nuclear program in exchange for lifting worldwide sanctions. Le Drian said he and his British and German counterparts will meet later on May 9 with Iranian representatives for talks. A lot of them, they don't have set ups in the United States and they are not as frightened as worldwide operating companies.

French President Emmanuel Macron, a long-time champion of the agreement whom Trump hosted at his first state visit last month, wrote on Twitter, "France, Germany and the United Kingdom regret the USA decision to leave the JCPOA".

In October, Mattis said it was in the United States national interest to remain in the deal.

However, Trump vowed yesterday that he will institute even stronger economic sanctions on Iran and if the full force of previous sanctions is brought to bear it would make it incredibly hard for companies to stay in business with Tehran.

Washington's actions were "flagrantly trampling on the norms of global law", Russia's foreign ministry said.

The ultra-hardline Kayhan, on the other hand, opted for: "Trump has torn up the nuclear deal, it is time for us to burn it". Treasury Secretary Steven Mnuchin said that licenses held by Boeing and its European competitor Airbus to sell billions of dollars in commercial jetls to Iran will be revoked.

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