Iran FM hails 'good start' in talks with EU to save nuclear deal

Image
AFP Brussels
Last Updated : May 16 2018 | 2:40 AM IST

Iran's foreign minister today hailed talks with the EU to try to find a way to rescue the Iran nuclear deal after the US pulled out as a "good start".

"I believe it's a good start. We're not there, we're beginning the process," Mohammad Javad Zarif told reporters after meeting his French, British and German counterparts in Brussels.

The three European signatories to the landmark 2015 deal are leading international efforts to preserve it after US President Donald Trump withdrew and reimposed sanctions lifted under the accord.

Tehran has said it wants guarantees that the economic benefits the deal brought will continue if it is to stick with it and Zarif warned he expected to see progress "within the next few weeks".

The EU has said it will stick to the deal as long as Iran does, but the Islamic republic has warned it is ready to resume "industrial-scale" uranium enrichment if it is not satisfied.

The deal, painstakingly negotiated over more than a decade, lifted punishing economic sanctions on Iran in return for it abandoning its nuclear ambitions.

Trump cast the agreement into jeopardy a week ago when he abruptly pulled the US out.

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 16 2018 | 2:40 AM IST

Next Story