German Foreign Minister Heiko Maas was in Tehran on Monday, saying that all the formal requirements for a European payment system for barter-based trade with Iran, created to circumvent U.S. sanctions, are now in place.
Earlier, the US Treasury Department imposed new Iran-related sanctions, targeting the country's petrochemical sector, which includes a petrochemical holding with a vast network of subsidiaries and sales agents. "We can not work miracles, but we will try to avert a failure (of the nuclear deal)", Maas added.
"We want to fulfil our obligations", Maas said during a joint news conference with his Iranian counterpart Mohammad Javad Zarif in Tehran.
Last month, Iran scaled back some commitments under the 2015 deal and warned that in 60 days, it would resume enriching uranium to a higher degree than that permitted by the accord if the Europeans failed to shield it against the United States sanctions, which aim to cripple its oil-dependent economy.
Zarif's comment comes as German Foreign Minister Heiko Maas is planning to visit Iran to explore options for preserving a nuclear nonproliferation pact.More news: Halo Infinite E3 2019 Demo Running On PC, First Next-Gen Showing?
The remarks came after German Foreign Minister Heiko Maas called Iran's ballistic missile program problematic during a visit Sunday to the United Arab Emirates.
However, Iran's Foreign Ministry rejected Macron's remarks, declaring Iran's refusal to discuss any issue other than the 2015 agreement, from which US President Donald Trump withdrew previous year as part of an effort to tighten restrictions on Tehran.
He said Germany would not accept "less-for-less" in any negotiations over saving Iran's nuclear deal.
In an effort to protect at least some of Iran's economy and keep alive the big-power nuclear deal that Washington is about to quit France, Britain and Germany have set up Instex, in the form of a special-purpose vehicle. "We will halt our commitments or will take action in accordance with their measures", he said.
"So far, we have not seen practical and tangible steps from the Europeans to guarantee Iran's interests..."More news: Tony Awards 2019: See the full list of winners
In Abu Dhabi, he also sounded a warning to Iran.
Maas also said that he would stress his concerns about Iranian activity in Syria and Yemen.
Abe will arrive on Wednesday to Tehran and will stay through Friday, Iran's state-run IRNA news agency reported on Sunday.
Iran has always said its nuclear activity is peaceful and refuses to put its missile and military capabilities on the negotiating table, as the Trump administration has demanded.More news: Ending the weekend with scattered showers; comfortable weather on the way