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7 July, 2018 00:00 00 AM
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World powers seek to keep Iran in nuke accord after US pullout

AFP
World powers seek to keep Iran in nuke accord after US pullout

VIENNA: Three European nations along with Russia and China met with Iran yesterday to offer it economic benefits that would lessen the blow of sweeping US sanctions, two months after President Donald Trump walked away from the landmark nuclear deal, reports AFP.

Their foreign ministers were holding talks in Vienna, where the accord was signed in 2015 with the aim of stopping Iran from building the atomic bomb in return for sanctions relief that promised greater trade and investment for the country.

“We are meeting here today to make sure the nuclear agreement with Iran has a future,” German Foreign Minister Heiko Maas said as he arrived for talks with counterparts from Iran and the other signatories Britain, China, France and Russia.

“After the withdrawal of the United States, which we can’t understand, we face a difficult situation,” he said. “We want to make clear to Iran that it will still gain economic benefits through this agreement.”

However, hopes of success were clouded after Iran’s President Hassan Rouhani told French President Emmanuel Macron on Thursday that the European economic measures on the table did not go far enough.

Rouhani, who visited Switzerland and Austria this week to rally support for the nuclear deal’s survival, said in a phone call with Macron that the package “does not meet all our demands”, Iran’s state news agency IRNA reported.

Since Trump’s shock move in May, which dismayed all other signatories, Washington has warned other countries to end trade and investment in Iran and stop buying its oil from early November or face punitive measures.

The other partners so far appear powerless to stop their countries’ companies pulling out of Iran for fear of US penalties. Several major firms—including France’s Total and Peugeot, and Russia’s Lukoil—have said they are preparing to leave.

Iran is also worried about continuing its oil exports to other markets and about being shut out of international bank payments systems.

Maas called the European offer “attractive” but conceded that “we won’t be able to compensate for all the effects of enterprises withdrawing from Iran because they see their American business interests threatened by the sanctions”.

 

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Editor : M. Shamsur Rahman

Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

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