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Iran Asks Europe for Accelerated Efforts to Implement SPV Mechanism

Iranian Deputy Foreign Minister for Political Affairs Seyed Abbas Araqchi underlined the need for the European states to adopt rapid measures to implement the Special Purpose Vehicle (SPV) which was promised by them back in September.

Araqchi made the remarks in a meeting with Belgian Deputy Foreign Minister Bruno van der Pluijm in Brussels on Wednesday.

During the meeting, he warned that the 2015 nuclear deal between Tehran and world powers would be in danger if European countries failed to fulfill their pledge to ease the US’ pressures and let Iran reap the economic benefits of the deal.

The US withdrawal from the Iran nuclear deal in May and its “illegal” move to increase pressure on Tehran upset the balance between the Islamic Republic’s commitments under the deal and the benefits it gained from it, Araqchi said.

Under such circumstances, the failure of Europeans and other parties to ease the pressures, as they had promised to, has increased concerns about the future of the nuclear deal, he added.

Van der Pluijm, for his part, said the Europeans are hopeful they would be able to develop the SPV soon.

“We are seeking to preserve the Iran nuclear deal and believe that the JCPOA must remain intact irrespective of the US’ pullout… as there is no alternative to the accord,” he noted.

He also reaffirmed the permanent commitment of his country and other European states to defending the nuclear deal, and said the JCPOA plays a key role in international peace and security.

The SPV which was promised by Iran’s key European trading partners back in September after a meeting of foreign ministers of the remaining signatories to Iran nuclear on the sidelines of the UN General Assembly meeting in New York is supposed to keep Iran’s financial relations with Europe alive under the US sanctions.

Europeans' honesty in dealing with Iran nuclear deal of July 14, 2015 is seriously doubted by Iranian masses that are discontent with talks with European counterparts.

In contrast with what European politicians and government are stating, many experts in Iran are suspicious of Europe's genuine commitment to the letters of the nuclear agreement of July 14, 2015, and are voicing their discontent with what they describe as Europe's strategy of killing time.

Even some commentators like Seyed Mostafa Khoshchashm are calling the Iranian government to start meaningful modifications in JCPOA undertakings, and specially remove the cap on the country's enriched uranium stockpile after the US unilateral withdrawal from the agreement; a call which is gaining momentum among the Iranians.

News No: 2758
Date: 2018/11/30 - 15:15
News Source: FARS News Agency

SPV  Seyed Abbas Araqchi  JCPOA  Belgian 

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