ECONOMY   Nuclear  

JCPOA Parties Reiterate Support for Iran: Diplomat

An Iranian deputy foreign minister said Russia, China, Britain, France and Germany have reaffirmed their strong support for the 2015 Iran nuclear deal and for Tehran after the US withdrawal from the accord.

Iranian Deputy Foreign Minister Abbas Araqchi said on Wednesday that the remaining parties to the Joint Comprehensive Plan of Action (JCPOA) have “acknowledged that the deal can only survive if Iran can receive the benefits of the deal,” and have reaffirmed commitment to keeping it in effect.

The Iranian diplomat made the comments in Vienna after a new round of the JCPOA Joint Commission meeting.

Bilateral and multilateral talks between Iran and other parties were opened at expert levels on Monday, with the participants discussing ways to deal with the negative effects of the US withdrawal from the nuclear deal and re-imposition of sanctions against Iran.

Araqchi also praised the European parties for devising INSTEX, a payment channel that France, Germany and Britain have proposed to continue trade with Tehran and bypass the US embargoes, Press TV reported.

In a statement at the conclusion of the JCPOA Joint Commission meeting in Austria on Wednesday night, Iran and the other five signatories to the nuclear deal described the accord as a key element in the international structure of nuclear non-proliferation and a major achievement of multilateral diplomacy.

The statement also underscored that while Iran has been honoring its commitments under the JCPOA, it is necessary to remove the sanction against Tehran to enable it to have normal trade and economic ties.

In May 2018, the US president pulled his country out of the JCPOA, the nuclear deal that was achieved in Vienna in 2015 after years of negotiations among Iran and the Group 5+1 (Russia, China, the US, Britain, France and Germany).

Following the US exit, Iran and the remaining parties launched talks to save the accord.

News No: 3947
Date: 2019/03/10 - 15:27
News Source: Tasnim News Agency

JCPOA  Diplomat  US  Abbas Araqchi  INSTEX 


Leave a Comment:


Official: Afghanistan Continues Oil Imports from Iran

A spokesman of the Afghan ministry of oil and gas rejected media reports claiming that the country has stopped crude imports from Iran.

Turkey Complies With US Oil Sanctions on Iran

Turkey has closed its ports to Iranian oil, fully complying with US sanctions against its main supplier, despite Ankara publicly criticizing the United States’ move to end import waivers and warning of a struggle to tap alternative producers.

US Buying More Russia Oil

The United States is increasing its oil imports from Russia, according to a Bloomberg source, as US refineries clamor for more oil now that refineries oil supplies have dried up.

Pakistan: Domestic Steel Prices Shoot Up Amid Currency Devaluation

SteelMint learned in recent conversations with industry participants that Pakistan’s steel market has turned uncertain after its currency hit record low levels.

Imported HRC Prices to India Decline in Recent Booking from Japan

SteelMint in conversation with market participants learned that Indian HRC import prices from Japan reported decline by USD 15-20/MT in recent booking for July shipments.

China’s Graphite Electrodes Industry Performance in Q1 2019

It seems that the Graphite electrodes shortage that has cropped up in China in the latter of 2017 amid closure of polluting GE units seems to settle out as considerable surge have been recorded in country’s electrodes production as well as exports for the first quarter of 2019.
Upcoming Events
 Mines & Metals

Mine & Business Today

 Scrap & Recycling


Our partners