Iran hopes to keep nuclear agreement

Opinion       Whatever happens in the 2020 election Colombo cannot play the China card against India
       
       	        Seshadri Chari         11 May 2018

British Prime Minister Theresa May says her country and its European partners Germany and France remain committed to ensuring that the 2015 Iran nuclear deal is upheld. Immediately after US President Donald Trump's withdrawal from the deal last Tuesday, Rouhani said he had instructed Iran's Atomic Energy Organisation to prepare for "industrial enrichment without limit" unless Iran's interests were guaranteed by the remaining parties.

Foreign Minister Mohammad Javad Zarif arrived in Beijing on Sunday for the first stop of his tour of the remaining members of the nuclear deal. Mr. Zarif is now on a tour of signatory nations in a last-ditch effort to save the deal.

European allies like French President Emmanuel Macron, German Chancellor Angela Merkel, and British Prime Minister Theresa May have been heavily critical of Trump's decision to pull out of the agreement and have said that the US leaving the deal does not mean their respective countries would do so.

Mr Rouhani has said Iran would stay committed to the deal, which Britain, China, France, Germany and Russian Federation also signed, provided those powers could ensure Iran was protected from sanctions against key sectors of its economy such as oil. He added, however, that other Treaty partners - Germany, France, Britain, China and Russian Federation - can still save the agreement and the credibility of worldwide agreements.

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Iranian President Hassan Rouhani, for his part, stressed the need for closer banking interaction to pave the way for broader trade and economic relations.

Today's problem is not US sanctions, it's that some officials look towards outside rather than looking at domestic potential.

The head of the elite Revolutionary Guards also warned against relying on foreign powers to guarantee Iran's interests.

U.S. Secretary of State Mike Pompeo said he was hopeful that the United States and Europe could agree on how to deal with Iran, after Trump threatened to sanction European companies that continue doing business there.

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