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Rouhani says Iran may remain part of nuclear accord

  • by Johnnie Parks
  • in Money
  • — May 16, 2018
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Iran's President Hassan Rouhani said he wanted to negotiate with the Europeans, Russia and China on terms for continuing the deal, but the door was now open to resume the nuclear programme.

Major European powers sought Tuesday to keep Iran committed to a deal to prevent it from building a nuclear bomb despite deep misgivings about Tehran's Middle East politics and President Donald Trump's vehement opposition.

"In this time, we'll use all possibilities to persuade the USA government to change its behaviour", he told ZDF television.

Total two-way trade between SA and the USA increased from R56.7 billion in 2001 to R141 billion in 2014.

European governments tried for months to persuade Trump to stick with the deal but failed, and now fear it will raise the risk of conflict in the region.

Israel and Iran engaged in an extensive military exchange on the heels of Trump's decision to leave the deal.

Trump announced this week that the United States was pulling out of a 15-year deal in terms of which Iran committed to stop its nuclear development programme.

Russian President Vladimir Putin and German Chancellor Angela Merkel spoke Friday and underlined their aim of preserving the deal and peace in the Mideast. Japan and South Korea might comply with the reimposition to keep good ties with the US, but might also seek exemptions to minimize damage.

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However, Mr Mianji said he viewed the solidarity of the EU countries as a promising sign of the union's loyalty to the nuclear agreement and opposition of Mr Trump's sanctions. The grouping includes Kazakhstan, Belarus, Armenia and Kyrgyzstan.

"We are on the right path to move forward", he said.

Iran sells most of its oil to European and Asian countries.

"This deal is not a bilateral treaty".

Zarif will meet on Tuesday with his counterparts from Germany, France and the United Kingdom in Brussels.

She called for calm on all sides.

Mogherini, who chaired the final stretch of 12 years of negotiations to clinch the accord, said: "We will all save it together".

"It seems that today screaming and shouting, insulting and bullying, systematically destroying and dismantling everything that is already in place is the mood of our times".

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Europe's options, however, are limited.

"It's not just about the ability of European companies to do business with Iran", recalled O'sullivan, noting that Iran also operating companies from China and Russian Federation.

The Secretary of State has also refused to rule out sanctions against European firms.

Planemakers Airbus and Boeing, oil companies and auto manufacturers like France's Renault and Peugeot could be among companies hardest hit. "Should U.S. reinstate its extra-territorial sanctions, that may have significant adverse impact on the ability for non-U.S. persons to trade with Iran and Iranian interests", the Swedish Club said.

"I don't have many illusions about what the American response will be", Mr. Le Maire said on French radio. Despite all this, Trump's decision to pull out of the deal would send wrong signals to rest of the world, and especially to North Korea, who could now be expected not to trust the United States when it comes to signing a nuclear deal.

As they grapple with the short-term threat of US sanctions, European officials are debating how to protect the bloc in the long term against the overseas reach of American law. "We have no illusions about Iran's disruptive behavior, but we think we can tackle those in other ways", British Foreign Minister Boris Johnson said.

Meanwhile, the USA government tried to further pinch Iran's finances by disrupting a currency exchange network allegedly used to transfer millions of dollars to Iran's Revolutionary Guard.

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