Iran wants Europeans to present economic package by end of May

Pauline Gross
May 25, 2018

The official warned that Tehran could also pull out from a separate treaty that limits the spread of nuclear weapons.

Since President Donald Trump pulled the USA out last month, European states have been trying to find a way to ensure Iran still gets the economic benefits to persuade it to stay in the deal. In return, Iran agreed to restrictions on its nuclear activities, increasing the time it would need to produce an atom bomb if it chose to do so.

"Europe is very, very united in its position on the nuclear accord with Iran, and that will not change", Maas said. It will instead kick off intensive rounds of "shuttle diplomacy" in the weeks before USA sanctions resume, according to Geranmayeh, who regularly consults with European Union government officials and said that Chinese and Russian finance will be required to fill the void left by the world's biggest economy.

"The US has rejected the Resolution 2231 [the United Nations resolution endorsing the Iran nuclear deal]; Europe needs to issue a resolution against the US's violation of it".

Major powers and Iran agreed on Friday to move quickly to offset the US pullout from its nuclear deal and Washington's renewed sanctions, with Tehran pressuring Europe to come up with a package of economic measures by May 31.

The other possibility would be a more radical shift.

"We expect the (economic) package to be given to us by the end of May", the official noted, according to Reuters.

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If the Americans try to interfere with Iran's oil sales, the Europeans must guarantee the purchase of oil from Iran.

"Pompeo was like taking a cold shower", said a European diplomat. "I am trying my best to come to a conclusion", he said.

But the US pullout has shaken the pillars of support for the deal on both sides. Iran's senior nuclear negotiator, Abbas Araqchi, urged the European signatories to keep the deal beneficial for Iran.

He also said that Tehran will decide within a few weeks whether to stay in the deal or not, known as the Joint Comprehensive Plan of Action JCPOA, after Washington's dramatic withdrawal on May 8. "And on both fronts the deal has regressed". "We take two completely different paths", German Foreign Minister Heiko Maas told reporters in Washington after a 75-minute meeting with U.S. Secretary of State Mike Pompeo late on May 23.

A parallel realignment may be underway on the Korean Peninsula, as South Korean President Moon Jae-in tries to salvage a summit between Trump and North Korean leader Kim Jong Un after Trump abruptly canceled it this week.

Trump denounced the accord, completed under his predecessor Barack Obama, because it did not cover Iran's ballistic missile program, its role in Middle East conflicts or what happens after the deal begins to expire in 2025.

However, several Iranian officials warned that the Vienna meeting would be devoted to the existing agreement only, implying that there was no question of broadening the discussions.

Other reports by GizPress

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