You are here: Home » International » News » Politics
Business Standard

European Union warns Iran enrichment moves could imperil nuclear deal

Tehran's decision to ramp up uranium enrichment could undermine efforts to keep the deal alive: Official

Topics
European Union | Iran nuclear agreement | US Iran tensions

AP | PTI  |  Brussels 

Photo: Reuters
European Union | Photo: Reuters

The official supervising the agreement aimed at curbing Iran's nuclear ambitions is warning that Tehran's decision to ramp up uranium enrichment could undermine efforts to keep the deal alive amid diplomatic efforts to bring the United States back on board.

foreign policy chief Josep Borrell said Iran's intention to enrich uranium up to 20 per cent at the Fordo underground nuclear facility is a very serious development and a matter of deep concern, and has very severe proliferation implications. Last week, Iran began enriching uranium to levels unseen since the deal was struck in 2015.

Iran has argued that it is no longer obliged to respect limits laid out in the pact, known as the Joint Comprehensive Plan of Action, because President Donald Trump violated it first by pulling the United States out of the deal in 2018, which resulted in crippling sanctions on Iran's moribund economy.

The deal offers Iran economic incentives in exchange for curbs on its nuclear program, but with the reinstatement of American sanctions, the other signatories China, France, Germany, Russia and the U.K. have struggled to provide Iran the assistance it seeks.

President-elect Joe Biden has said he hopes to return the US to the deal, which was negotiated while he was vice president. Borrell and the other countries would welcome such a move.

At this critical juncture, Iran's action also risks undermining efforts aimed at building upon the existing diplomatic process. We urge Iran to refrain from further escalation and reverse this course of action without delay, Borrell said in his statement, released late Monday.

He said that full and timely cooperation with the Atomic Energy Agency "remains critical.

Borrell added that the EU looks forward to working with the incoming U.S. administration. Despite Iran's violations, the IAEA has reported that Tehran continues to give inspectors full access to its nuclear sites a key reason the signatories say it is worth preserving.

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Tue, January 12 2021. 16:00 IST
RECOMMENDED FOR YOU
.