Trump gives Iran nuclear deal 'a last chance'

Trump gives Iran nuclear deal 'a last chance'

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

Trump will work with European partners on a follow-on agreement that enshrines certain triggers that the Iranian government can not exceed related to ballistic missiles, said a senior administration officials who briefed reporters on the decision.

"This is a last chance", said in a statement.

Trump said in a statement that he is extending relief "only in order to secure our European allies' agreement to fix the bad flaws of the Iran nuclear deal", keeping the agreement alive, for now.

In a statement Saturday, Iran's Foreign Ministry said the Trump administration's "hostile and illegal act" in including Larijani on its sanctions list "has gone way beyond all internationally accepted behavior red lines".

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

Other sanctions target companies accused of conducting prohibited transactions with Iranian entities.

"Either fix the deal's disastrous flaws, or the United States will withdraw", he added. "Of course we would not like such a thing to happen as we made a lot of effort to achieve the JCPOA", said Ali Akbar Salehi, head of Iran's Atomic Energy Organization, at the time. In imposing sanctions on 14 key Iranian hardliners over their activities in other areas, the United States has further ramped up the tension.

A decision to withhold a waiver would have effectively ended the deal between Iran and the other global signatories.

Said, "Despite my strong inclination, I have not yet withdrawn the United States from the nuclear deal".

The landmark 2015 deal curbed Iran's nuclear ambitions in return for the relaxing of punishing sanctions

However, Iran disagreed with Trump that its long-range ballistic missile program could be sanctioned under the terms of the current deal.

Earlier Trump signed a waiver keeping the Iran nuclear deal alive, but saying this would be the last time unless Congress and the European countries heed his call to unilaterally strengthen the deal. It prevents Iran from developing nuclear weapons while offering sanctions relief to allow it to participate in worldwide commerce and banking.

This would involve negotiations between the United States and its European allies rather than talks with Iran, the official said.

More than $3.7 billion worth of Iranian assets, blocked because of Iran's human rights record, support for terrorism and missile technology, remain frozen, according to the Congressional Research Service report.

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.

United States allies including the UK and France have repeatedly defended the agreement and said Iran continues to comply with the accord and they, too, intend to do so.

The president also wants the US Congress to amend a law on US participation in the nuclear deal, so that Washington could reimpose all sanctions if Iran breaches certain "trigger points".

Among those blacklisted is the head of Iran's judiciary, Sadegh Amoli Larijani.

The US, he said, is countering Iranian proxy wars in Yemen and Syria.


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