Politics

Iran to unveil 3rd step of scaling back nuclear deal obligations soon – FM

TEHRAN, Iranian Foreign Minister Mohammad Javad Zarif stated Tuesday that President Hassan Rouhani would soon announce details of the third step of scaling back commitments under the nuclear deal (JCPOA).

If the Europeans do not move to fulfill their side under the deal, Iran would start third stage of scaling down commitments, Zarif said in a statement aired by the Iranian news agency (IRNA).

He, however, argued that implementation of this step does not mean end of the talks, once the other side returns to the deal, Iran would cease the measures undertaken under the Article 36.

The Vienna Accord was signed with Iran in 2015 by the United States, Russia, China, France, Britain and Germany, known as the P5+1, but US President Donald Trump withdrew unilaterally from the accords last year and has been pressuring Iran with increasingly punitive sanctions to which Tehran has responded by threatening to violate parts of the accord.

Trump has also threatened action against other countries and companies doing business with Iran.

In July, Iran started to disregard parts of the Vienna Accord by enriching its uranium production to over 4.5 percent instead of an agreed 3.67 percent level and it has also violated the 300 kg ceiling on enriched uranium stockpiles.

Source: Kuwait News Agency