Netanyahu calls for 'snapback sanctions' if Iran violates nuclear deal

Image
AFP Jerusalem
Last Updated : Jun 17 2019 | 8:06 PM IST

Israeli Prime Minister Benjamin Netanyahu said on Monday that Iran should be immediately hit with sanctions if it surpasses a uranium stockpile limit set under the 2015 nuclear deal.

"Should Iran make good on its current threats and violate the nuclear agreement, the international community will need to immediately impose the sanctions regime that was agreed upon in advance, the 'snapback sanctions'," Netanyahu said.

Iran's atomic energy organisation spokesman Behrouz Kamalvandi said Monday his country intended to surpass the 300-kilogram reserve of enriched uranium in 10 days, but would reverse the move "once other parties live up to their commitments".

On May 8, President Hassan Rouhani said Iran would stop observing restrictions on its stocks of enriched uranium and heavy water agreed under the 2015 nuclear deal.

Rouhani said the move was in retaliation for the US decision to unilaterally withdraw form the accord last year and impose tough economic sanctions on the Islamic republic.

Speaking at a ceremony in Jerusalem, Netanyahu said he was not surprised by Iran's declared intention to increase its uranium enrichment beyond the deal thanks to intelligence obtained in a 2018 operation.

"When we brought the secret nuclear archive from Teheran to Israel, we discovered the extent to which Iran has violated its promise to the international community -- its promise to report truthfully on its nuclear programme," he said.

"In any case, Israel will not allow Iran to achieve nuclear weapons," said Netanyahu, who backed US President Donald Trump's decision to pull out of the 2015 Iran nuclear deal.

Iran denies its nuclear programme has military aspects. Its arch-enemy Israel is believed to be the Middle East's sole nuclear power but it has long refused to confirm or deny that it has such weapons.

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: Jun 17 2019 | 8:05 PM IST

Next Story