Iran nuclear deal set for reprieve as Trump prepares to extend waivers

Evarado Alatorre
Enero 14, 2018

It saw Iran agree to reduce uranium enrichment activity drastically, dispose of its enriched uranium stocks and modify a heavy water facility so it could not produce material suitable for a nuclear bomb.

US President Donald Trump on Friday extended the waiver on economic sanctions against Iran - a key aspect of the 2015 Iran nuclear deal - but said that this would be the "last chance" to renegotiate the agreement, which he said was terribly flawed.

A report this week by analysts at the New York financial services company Citigroup said any move to weaken the nuclear deal would cause the "dislocation of at least 500,000 barrels a day of Iranian crude oil exports, especially those going to Korea and Japan, as well as to some European countries", according to CNBC.

They will also urge Iran to continue to comply with international inspectors, the diplomats said.

Araqchi further noted that a diplomatic row over the issues has been in process between the Iranian team and the United States over the past year.

Representatives from six world powers and Iran attend a meeting on Iran's nuclear deal in Vienna, Austria, on July 21, 2017.

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Meanwhile, Russia on Saturday said Washington would be making a grave mistake by pulling out of the Iran nuclear deal.

Jewish Telegraphic Agency (JTA) notes that Iran's Central Bank was not included on the list of sanctions; had the bank been sanctioned it would have been a major blow to the Iranian regime.

Retired US military officers, members of the US Congress and former US ambassadors were among 52 US national security experts who signed a letter released on Monday urging Trump not to jeopardize the deal with Iran. Iran must allow "immediate inspections at all sites requested by international inspectors", he said, and "sunset" provisions imposing limits on Iran's nuclear program must not expire.

"Today, I am waiving the application of certain nuclear sanctions, but only in order to secure our European allies' agreement to fix the terrible flaws of the Iran nuclear deal".

The foreign ministers of Britain, France and Germany threw their weight behind the pact limiting Iran's nuclear ambitions and insisted that the Islamic Republic is respecting it. Treasury Secretary Steve Mnuchin has said he expects President Trump to impose sanctions on Iran.

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