Wednesday, 15 August, 2018

Iran has not violated nuclear deal, staying within restrictions: IAEA report

Donald Trump GETTYDominique de Villepin on Tuesday said France could not count itself among America’s closest allies
Lisa Bryan | 29 May, 2018, 13:45

The Iranian government wants assurances that economic incentives that were part of a landmark deal to stop the country developing nuclear weapons will be protected, despite the U.S. withdrawal and threat of sanctions against companies who trade with Iran.

Quarterly meetings between Iran and the world powers had been held since the agreement entered into force in January 2016, but Friday's meeting was convened without the US.

On May 8, USA announced its withdrawal from the Iran nuclear deal, vowing to reinstate sanctions on Tehran and impose "the highest level" of economic bans on Iran.

But this has proven hard, with many European firms alarmed at the specter of far-reaching US financial penalties. Britain, China, France, Germany and Russian Federation remain in it.

The U.S. has levied sanctions against Tehran for its ballistic missile programme and labels Iranian regional proxy groups such as Hezbollah as "terrorist" entities.

Mr Khamenei added Iran could no longer deal with the USA that "easily violates an worldwide treaty".

He said European measures would need in large part to ensure that oil exports remained the same and that the SWIFT worldwide payments messaging system continued to work for Iran.

That's not all. Pompeo said any treaty will also require Iran to change its regional and military policies - things like its ballistic missile testing in defiance of United Nations bans and its military meddling in Syria, Yemen, Lebanon and Afghanistan.

"During the 40 years after the victory of the Islamic Revolution we did not initiate any aggression on any country and we are not looking for a territorial expansion", the Iranian top security official noted. Enhanced economy of the country could lead to resilient foreign policy and substantial foreign policy might result in geopolitical insecurity.

Washington has not only promised to impose "the strongest sanctions in history" on Tehran, but also threatened to punish companies that trade with it.

European countries have until the end of May to propose ways mitigate the effects of the US' exit from a nuclear deal between world powers and Tehran.


He said that in theory the deal could survive without the USA, but acknowledged "in practice I'm not sure".

In a statement after the talks, Helga Schmid, the European Union representative who chaired the meeting, said parties to the deal discussed "practical solutions" to ensure, among others, the continued sale of Iran's oil and gas, protection of businesses investing in Iran, as well as effective banking transactions and transport links.

British, Chinese, French, German and Russian officials will try to flesh out with Iran's deputy foreign minister a strategy to save the deal by keeping oil and investment flowing, while circumventing U.S. sanctions that risk hurting the economy.

Iran has struggled to benefit from the accord so far, partly because of remaining unilateral United States sanctions that have deterred major Western investors from doing business with Tehran.

Speaking after Friday's meeting, Iranian Deputy Foreign Minister Abbas Araghchi said: "We are negotiating.to see if they can provide us with a package which can give Iran the benefits of sanctions lifting", adding that "practical solutions" were required to address Iran's concerns over its oil exports, banking flows and foreign investments in the country.

US President Donald Trump has long trashed the deal with Iran - concluded under his predecessor Barack Obama - saying it did not do enough to curtail Tehran's nuclear ambitions.

Khamenei also rejected any new negotiations over Iran's missile programme, which was not covered by the nuclear deal.

European nations share USA concerns, but they say that torpedoing the nuclear deal makes them far harder, not easier, to address. She says that's what makes Trump's comments about wanting to improve the nuclear deal so exasperating.

But the USA pullout has shaken the pillars of support for the deal on both sides.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. This article is strictly for informational purposes only.

Recommended

  • Trump, Japan's Abe to Meet Ahead of Possible US-North Korea Summit

    Trump, Japan's Abe to Meet Ahead of Possible US-North Korea Summit

    He would be the most high profile North Korean official to visit the United States since 2000. But experts are hardly optimistic about a breakthrough, even if the meeting goes ahead.
    Two dead, three missing as cyclone hits Oman

    Two dead, three missing as cyclone hits Oman

    The Saudi meteorological authority said on Sunday that winds blew at 60 kilometres per hour, kicking up blinding dust storms. State-run Oman Television showed footage of large areas covered with floods in Dhofar and the nearby Al-Wusta provinces.
    Royal wedding photographer reveals truth behind intimate photos

    Royal wedding photographer reveals truth behind intimate photos

    The Telegraph reported that Maria Borrallo promised to give them all Smarties once the ceremony was over but only if they behaved. A source told The Times that she already has a busy year of duties planned. "But they were having so much fun with it".
  • Surging petrol prices may ease as crude cost declines

    Surging petrol prices may ease as crude cost declines

    After hitting a high of $84.47 on May 14, the brent crude oil prices have plummeted by almost $9 over the past fortnight. In other three metro cites, petrol is available at Rs 80.76 in Kolkata, Rs 85.93 in Mumbai and Rs 81.11 in Chennai.
    Hawaii volcano sends another ash cloud high into the air

    Hawaii volcano sends another ash cloud high into the air

    Lava flow and ground cracking continued late Wednesday at Hawaii's Kilauea Volcano Lower East Rift Zone, the U.S. Relentless lava flow has reached the Puna Geothermal Venture property, the civil defense agency said.
    Blue Flames Emerge Between Road Cracks During Kilauea Volcano Eruption

    Blue Flames Emerge Between Road Cracks During Kilauea Volcano Eruption

    Tam Hunt took photos Monday of his neighbor's house, showing the ominous cracks splitting the ground under the home. It's very eerie", Jim Kauahikaua, a scientists with the US Geological Survey, told reporters Wednesday.
  • Warriors to play Game 7 without Andre Iguodala

    Warriors to play Game 7 without Andre Iguodala

    On Monday morning, Warriors coach Steve Kerr said Iguodala was having a hard time being sidelined deep into the playoffs. Why did they stop attacking the basket after the first half? "I'll be good, though", he said.
    Tropical depression formation expected Saturday

    Tropical depression formation expected Saturday

    Some far western N.C. counties along the Georgia border could see as much as 10 inches of rain, NOAA reported Friday. According to the National Hurricane Center , tropical storm watches are now in affect for parts of Mexico and Cuba.
    Battlefield V Ditches the Premium Pass, Launches in October

    Battlefield V Ditches the Premium Pass, Launches in October

    Original: DICE officially revealed Battlefield V today during a livestream event hosted by comedian Trevor Noah. EA Access and Origin members will get access on October 11, a week ahead of the October 19th launch date.
  • Hamilton leads attack on 'boring' Monaco

    Hamilton leads attack on 'boring' Monaco

    Such was Ricciardo's pace that Mclaren's Stoffel Vandoorne (finished 14th) was waiting to unlap himself in the latter stages. After crashing in FP3 yesterday, Verstappen couldn't participate in qualifying and started the race in the last row.
    Two people reportedly killed by Israeli tank fire in Gaza

    Two people reportedly killed by Israeli tank fire in Gaza

    The incident comes as protests at the Israel-Gaza border resumed on Friday, resulting in dozens of injuries. Israel already maintains a naval blockade on the Gaza Strip.
    Justice to hold bipartisan briefing Thursday - 5/23/2018 9:45:27 PM

    Justice to hold bipartisan briefing Thursday - 5/23/2018 9:45:27 PM

    The White House said Flood and Kelly gave brief remarks at the outset of the briefings but did not stay for the substance. Rudy Giuliani serves as Donald Trump's legal adviser but said he hasn't spoken to him in a couple of weeks.

Lava reaches area of geothermal power station in Hawaii Lava reaches area of geothermal power station in Hawaii The new fissure sent more lava into the to evacuated Leilani Estates district in the eastern corner of Hawaii's Big Island. Geological Survey said sulfur dioxide emissions from the volcano have more than doubled since the current eruption began.

Golden State Warriors vs. Houston Rockets: Chris Paul could miss Game 7 Golden State Warriors vs. Houston Rockets: Chris Paul could miss Game 7 Paul has been sidelined since straining the hamstring in the final minute of Houston's Game 5 win over the Golden State Warriors . The guard had to sit out Game 6 after suffering a bad a hamstring injury during the final minute of Game 5 against the Rockets.

Official 'heartbroken' by flood devastation in Md.'s Ellicott City The flooding in 2016 caused catastrophic damage , but 96 percent of the businesses downtown rebuilt and reopened. EST, the National Weather Service sent out a warning to Ellicott City in Howard County, Maryland.

US Gulf Coast braces for Alberto battering US Gulf Coast braces for Alberto battering The area is under a tropical storm warning, meaning tropical storm conditions are expected in the next 24 hours. Like residents in Sarasota and Manatee counties, people in Gulfport, Mississippi, lined up to fill sandbags.

Pakistan win softens damage from brutal low blow Pakistan win softens damage from brutal low blow Set just 64 for victory on the fourth morning, Pakistan finished on 66 for one before lunch to go 1-0 up in this two-match series. Anderson bowled Azhar in the third over but Sohail didn't hang around, hitting six fours and a six in a 32-ball knock.

Lega Party Calls on Italian President to Elect New Parliament Lega Party Calls on Italian President to Elect New Parliament The prospect of Italy's government going on a spending spree on promised tax cuts and welfare benefits roiled markets last week. Conte gave up on the bid to form a government after President Sergio Mattarella vetoed his choice for economy minister .

What's The Deal With GDPR And Your Online Privacy? What's The Deal With GDPR And Your Online Privacy? Facebook has been put under increased control over how it uses the data of users after the scandal with Cambridge Analytica . European privacy regulators signalled that they were ready to flex their muscles but were not "sanctioning machines".

Indy 500: Australian Will Power posts historic win in Indianapolis Indy 500: Australian Will Power posts historic win in Indianapolis That put her in good company, as she finished ahead of three-time victor Helio Castroneves and a number of other Indy 500 winners. She was surrounded by autograph-seekers all month, and she got one of the loudest ovations during driver introductions Sunday.

Warriors to activate Patrick McCaw for Game 6 of Western Conference finals Warriors to activate Patrick McCaw for Game 6 of Western Conference finals I also expect CP3 to play, as he's too much of a competitor to sit out a game seven with a finals berth on the line. You better believe Twitter had a lot to say about the night's action.

Harvey Weinstein arrested in NY on rape, criminal sex act charges Harvey Weinstein arrested in NY  on rape, criminal sex act charges Weinstein was formally charged with rape and other acts of sexual misconduct . "The first Bill Cosby trial ended in a mistrial". On Megyn Kelly Today , when asked what she would like to say to Weinstein if he might be listening, McGowan said, "We got you".

Kerala Tourism industry stabilising after Nipah setback Kerala Tourism industry stabilising after Nipah setback The Collector said that the advisory has been issued by the hospitals to their staff and a press release has been given to them. The presence of the Nipah virus was confirmed after tests conducted on Sabith's brother Muhammed Salih, who died on May 18.

Boston Celtics Pride: The growing legend of Jayson Tatum Boston Celtics Pride: The growing legend of Jayson Tatum George Hill added 20 points, while Jeff Green and Larry Nance came off the bench to deliver 14 and 10, respectively. He didn't play at all in the first quarter, as the offense languished and shots repeatedly clanged off the rim.

Warriors vs. Rockets RECAP, score and stats, Game 5 Warriors vs. Rockets RECAP, score and stats, Game 5 According to Associated Press' Tim Reynolds, Rockets head coach Mike D'Antoni says CP3 is "worried" about his injury. For the postseason, Thompson is averaging 19.4 points which is a tick down from his regular season average of 20.0.

Trump's blocking of critics on Twitter violates Constitution - U.S. judge Trump's blocking of critics on Twitter violates Constitution - U.S. judge The ruling could also impact how public officials use social media platform in general, including Facebook and YouTube. Noah Feldman, a Harvard law professor, said he thinks the case was wrongly decided and expects it to be reversed.

Memorial Day 2018 parades, ceremonies and festivals Memorial Day 2018 parades, ceremonies and festivals Monday at the American Legion Cabin to start posting flags downtown, and they will post flags at the cemetery at 7:30 a.m. Berea's National Rib Cook-Off will be at the Cuyahoga County Fairgrounds all weekend: noon to 11 p.m.