Tuesday, 24 April, 2018

IRAN DEAL SURVIVES: President Trump Keeps Iran Nuke Deal…For Now

Hassan Rouhani Hassan Rouhani
Patty Aguilar | 14 January, 2018, 04:09

He is also demanding a permanent end to Iran's enrichment of fissile material at a grade sufficient for weapons use.

"This is the last such waiver [the President] will issue", said a senior administration official briefing reporters, threatening that the administration could still pull out of the deal.

Although he tips off European associates that he would pull out of the contract unless its bad flaws are right.

The EU said in a statement it had taken note of Mr. Trump's decision and would assess its implications.

But Federica Mogherini, the European Union's foreign policy chief, said the "deal is working; it is delivering on its main goal, which means keeping the Iranian nuclear programme in check and under close surveillance".

Critics of the deal in Congress have also proposed amending legislation to ensure that U.S. sanctions would "snap back" automatically if Iran carried out certain actions. Among them is the head of Iran's judiciary, Sadegh Amoli Larijani.

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Meanwhile, China and Russian Federation, the other two parties, have also repeatedly called on the United States to maintain its commitment to the Iranian Nuclear deal which is "a beneficial practice of solving a critical issue through political and diplomatic means". Trump has complained that numerous Iranian restrictions expire next decade and has vacillated between talk of toughening the deal and pulling the US out entirely.

Russia, which is also a signatory to the JCPOA, said on Saturday the USA would be making a grave mistake by pulling out of Iran's nuclear deal and underlined Moscow's determination to keep the landmark accord intact. The waivers the president issued Friday make it easier for banks around the world to do business with Iran and for Iran to sell oil.

Trump opted not to certify Iran's compliance with the deal in October 2017, citing the regime's ongoing terrorist activity in the Middle East and its relentless pursuit of a ballistic missile program. "We will be analyzing it in a most critical way and will continue to judge the events in an unflattering way", Ryabkov said.

Iran's foreign ministry said on Tuesday that if the United States withdrew from the agreement, it was ready to give an "appropriate and heavy response".

That in turn would cause crude prices to rise by $5 a barrel, Citigroup wrote, "as customers losing oil under USA pressure scramble for replacements at a time when OPEC and other producers have put a lid on their output". "If other nations fail to act during this time, I will terminate our deal with Iran".

He accused Iran of "not living up to the spirit" of the agreement even though the International Atomic Energy Agency says Tehran is complying. That has put Trump in a tough position, given his opposition to the deal.

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