Europe should take practical steps to rescue JCPOA: Iran FM

Image
ANI Tehran [Iran]
Last Updated : May 21 2018 | 10:05 AM IST

Iranian Foreign Minister Mohammad Javad Zarif has said Europe's sympathy with the 2015 Iran nuclear deal isn't enough, while directing that practical steps should be taken to guarantee Iran's economic interests from the deal.

Zarif, in a meeting with the visiting European Union (EU) Energy Chief Miguel Arias Canete on Sunday, said, "With the exit of the United States from the nuclear agreement, expectations from the EU to preserve the achievements of the deal are high," as quoted by Xinhua.

"EU should boost investments in Iran," Zarif further said.

Canete said that Europeans have unified to save the Joint Comprehensive Plan of Action (JCPOA) after the U.S. pulled out from the deal.

First Vice Speaker of the Iranian Parliament Ali Motahhari expressed satisfaction with the recent talks held with its European partners over rescuing the nuclear deal. Rest depends on the results of the talks in the coming weeks, he added.

On May 8, US President Donald Trump announced the Washington withdrawal from the JCPOA or the Iran nuclear deal which limited the country's uranium enrichment in exchange for sanctions relief.

Calling the accord as an "embarrassment" that was "defective at its core", he also warned of severe consequences if Iran resumes its nuclear programme.

The Iran nuclear deal was signed between six countries in 2015 - Iran, US, Britain, Germany, Russia, France and China for lifting economic sanctions on Tehran in exchange for limitations to the country's nuclear programme.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 21 2018 | 10:05 AM IST

Next Story