FM Zarif says meetings in Beijing, Moscow good

15 May, 2018, 21:45 | Author: Carlos George
  • Macron calls friend Trump, angry over his Iran nuclear move | The Sacramento Bee

After long negotiations, Iran agreed in July 2015 to freeze its nuclear program in return for the repeal of punishing global sanctions.

This, along with its diplomatic moves to orchestrate an end to the Syrian conflict, has put Moscow at loggerheads with the United States and Europe, which have intervened against the regime. Whatever (is) decided should preserve and guarantee Iran's rights.

After the 180-day wind-down period, reinstated USA sanctions on Iran will likely prevent the members of the International Group of P&I from insuring the tankers against risks if they call on Iranian ports to export or import oil and oil products, Mike Salthouse, the chair of a sanctions committee for the IG Group, told Bloomberg.

"Unfortunately once again we see that Washington is trying to revise key worldwide agreements as it happens to Joint Comprehensive Plan of Action, as it happens to Jerusalem (al-Quds) problem and a number of other agreements", the top Russian diplomat said.

Iran's foreign minister says talks with the EU's foreign policy chief in Brussels were "constructive".

European diplomats acknowledged that the EU support, however honest, risked looking hollow after Trump last week reimposed an array of wide sanctions on the Islamic Republic that will hit European companies investing in Iran. European Union members France, the UK, and Germany are signatories to the agreement along with Russian Federation and China - who, aside from Berlin, are also permanent members of the UN Security Council with the United States.

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They include retaliatory sanctions, allowing the European Investment Bank to invest directly in Iran and co-ordinating euro-denominated credit lines from European governments.

Bolton, one of the key architects of the George W. Bush administration's decision to invade Iraq in 2003, despite lacking evidence that Iraq's Saddam Hussein had a programme to develop weapons of mass destruction, stuck to his famously more hawkish tone with comments that hinted that trump's White House would consider any European company that continues to honour legally binding business contracts with Iran as hostile acts.

Trump has said the United States would be reinstating the anti-Iran bans lifted under the JCPOA and also slapping the "highest level" of economic sanctions on Tehran, prompting anger among other parties to the Iran deal, which unanimously denounced Washington and vowed to stay committed to their side of the deal.

They could consider retaliatory sanctions using the EU's so-called blocking statute that bans any European Union company from complying with USA sanctions and does not recognise any court rulings that enforce American penalties.

"Let's not fool ourselves that are that dozens of things we can do", said a second senior European diplomat. "We don't have much to threaten the Americans".

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