Iran rejects any change to nuclear deal

Iran rejects any change to nuclear deal

USA regulations require the president to endorse JCPOA every 90 days and extend waivers of economic sanctions against Iran every 120 days.

A report this week by analysts at the NY 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.

"Despite my strong inclination, I have not yet withdrawn the United States from the Iran nuclear deal".

But Trump argues that his predecessor Barack Obama gave away too much to Iran in sanctions relief, without forcing the Islamic republic to end its ballistic missile program and support for militant groups.

Iran "will not accept any amendments in this agreement, be it now or in the future, and it will not allow any other issues to be linked to the JCPOA", the foreign ministry said in a statement, using the 2015 deal's technical name. Raj Bhala, an global trade law expert who has studied sanctions, can discuss the announcement, its effects, the nuclear deal, Iran, the country's economy, economic protests in Iran, the U.S. -Iran relationship and related topics.

Tehran has responded to the latest United States sanctions over Iran's alleged human rights abuses and ballistic missile program.


The U.S. Treasury Department has sanctioned 14 companies and individuals in Iran and China - in connection with alleged human rights violations and weapons proliferation.

Two senior Trump administration officials told Reuters that the president, a Republican, had privately expressed reluctance to heed the advice of top advisers recommending he not reimpose the suspended sanctions. Scuttling the nuclear deal would be a disaster, especially with the mass protests going on in Iran right now. The waivers the president issued Friday make it easier for banks around the world to do business with Iran and for Iran to sell oil.

Iran, too, has been abundantly clear that it will not renegotiate the deal.

The president wants US Congress to modify a law that reviews US participation in the nuclear deal to include "trigger points" that, if violated, would lead to the United States reimposing its sanctions, the official said.

The 2015 nuclear accord, reached after months of painstaking negotiations with the U.S., Britain, France, Germany, China and Russian Federation, lifted worldwide sanctions in exchange for Iran limiting its nuclear program.

Britain, France and Germany called on Trump on Thursday to uphold the pact. "JCPOA is not renegotiable: rather than repeating exhausted rhetoric, United States must bring itself into full compliance -just like Iran", he added, referring to the nuclear deal by the acronym of its official name, the Joint Comprehensive Plan of Action. If Iran does not comply with any of these provisions, American nuclear sanctions would automatically resume.

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