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| EU ‘rejects ultimatums’, says it’s still committed to Iran nuclear deal after Tehran scaledown | EU ‘rejects ultimatums’, says it’s still committed to Iran nuclear deal after Tehran scaledown |
| (32 minutes later) | |
| The EU is committed to preserving the nuclear deal with Iran and helping the nation dodge US economic sanctions, and will not bend to any ultimatums, top European diplomats say. Earlier, Tehran suspended some of its commitments. | The EU is committed to preserving the nuclear deal with Iran and helping the nation dodge US economic sanctions, and will not bend to any ultimatums, top European diplomats say. Earlier, Tehran suspended some of its commitments. |
| On Wednesday, Tehran announced it will no longer be bound by some terms of the 2015 nuclear agreement, known as the JCPOA, and may enact a further rollback in 60 days, unless European signatories deliver on their promises to Iran. | |
| EU members pledged to create a special financial mechanism which would allow business to be done in Iran without being on the radar of the US, which threatens anyone dealing with the Iranians with economic sanctions. | |
| Top EU diplomats said on Thursday they remain committed to the deal but will not bend to any ultimatums. | Top EU diplomats said on Thursday they remain committed to the deal but will not bend to any ultimatums. |
| “We strongly urge Iran to continue to implement its commitments under the JCPoA in full as it has done until now and to refrain from any escalatory steps,” the officials said in a statement. | “We strongly urge Iran to continue to implement its commitments under the JCPoA in full as it has done until now and to refrain from any escalatory steps,” the officials said in a statement. |
| Tehran said its decision to partially suspend its compliance with the JCPOA was in response to the US’ withdrawal and the failure by European signatories to alleviate the damage done by American sanctions. | |
| The deal offered Iran the lifting of sanctions in exchange for placing restrictions on its nuclear industry. Lucrative business deals with European and American companies were expected to follow, boosting Iran’s economy and building trust with the West. | |
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