Iran Threatens To Abandon Nuclear Deal If Western Banks Don't Start Doing Business

Iran says it will withdraw from the 2015 nuclear deal if big banks continue to avoid doing business with the Islamic republic, deputy foreign minister Abbas Araghchi said on Thursday, speaking from London. 

The Islamic Republic agreed to restrict its nuclear program in exchange for the removal of crippling sanctions by the United States, Britain, China, France, Germany and Russia. 

Following the deal, however, major banks have continued to avoid doing business with Iran for fear of violating remaining U.S. sanctions - which Iran says has hampered their efforts to rebuild foreign trade and attract investment.

Most of it is because of this atmosphere of uncertainty which President Trump has created around JCPOA, which prevents all big companies and banks to work with Iran, it's a fact, and it's a violation lead by the United States. -Abbas Araghchi

Compounding Iran's woes are comments from President Trump, who told Europeans on January 12 that they must "fix the terrible flaws of the Iran nuclear deal" or he would re-impose the sanctions lifted by the Obama administration as part of the pact. Trump set a May 12 deadline to review fresh "waivers" on U.S. sanctions. 

The May 12 deadline represents an opportunity for Trump to pull the U.S. out of another international deal. He has already abandoned the Paris climate accord and the Trans-Pacific Partnership, a 12-nation trade deal. He wants to renegotiate the North American Free Trade Agreement, a 24-year-old trade pact with Canada and Mexico. -USA Today

Trump sees three major defects in the deal; its failure to address Iran's ballistic missile program, the terms by which inspectors are allowed to visit suspected Iranian nuclear enrichment sites, and "sunset" clauses on Iran's nuclear program which expire after 10 years. 

Araghchi contends that Trump's interpretation of the sunset clause is incorrect, and that Trump's continued trash-talking is in violation of the deal itself;

“There is no sunset clause in the JCPOA. Although the U.S. administration and Trump are talking about sunset clause and that JCPOA is just for 10 years, that is not true,” he said.

You know, every time President Trump makes a public statement against JCPOA saying it's a bad deal, it's the worst deal ever, I am going to fix it, I am going to change it, all these statements, public statements are a violation of the deal. Violation of the letter of the deal, not a sprit, the letter. If you just see paragraph 28 it clearly says that all JCPOA participants should refrain from anything which undermines successful implementation of JCPOA, including in their public statements of silly officials.

The foreign minister said that if Iran does not receive the deal's much touted economic benefits soon, it will likely pull out of the deal before the May 12 deadline. 

"If the same policy of confusion and uncertainties about the (deal) continues, if companies and banks are not working with Iran, we cannot remain in a deal that has no benefit for us," Araqchi told an audience at the London-based think tank Chatham House. "That’s a fact."

What of the nuclear program?

When asked what Iran would do if the nuclear deal is scuttled, Araghchi replied:

"Well if there is no deal anymore obviously there is no restrictions in our nuclear program anymore," adding "Iran would still be a member of NPT (non-proliferation treaty) still committed to its obligations and still, you know, obliged not to go for nuclear weapons, this is our policy. And in that sense there is no sense of clause in the JCPOA, it's like actually perception that Americans are spreading on others but this is absolutely wrong. Iran's commitment not to ever seek or acquire or produce nuclear weapons is permanent."

"I don't think to add a new crisis over the non, over the proliferation of nuclear weapons would be beneficial for anybody, in the region and outside the region."

 

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Comments

Zepper Fri, 02/23/2018 - 20:01 Permalink

Abandon the deal Iran... do it! come on you pussy of a country abandon the deal that keeps bunker buster bombs from blowing up nukes and military sites daily!

 

 

BobEore lloll Fri, 02/23/2018 - 22:44 Permalink

Another battle of the bullshittin bots; the anti-srael psyop krew... vs

the anti-iran psy fi stew. Both workin their bizness in the street ... as ho's of the $powers' endless dialectical deceits.

Iran and Srael... two sides of the same talmudic clipped coin. Rebbe/mullahs phony as a two-passport holdin "American"  with a free pass into the White House. 

now fully 90% of the 'commentators' here... a trollin for the same team. Literally.

In reply to by lloll

Hive Raid BobEore Sat, 02/24/2018 - 07:33 Permalink

Wrong.

 

JEWS DID 9/11. Documentary:

https://www.youtube.com/watch?v=3qFa9_JjlYc

 

How the Jews Opened America's Borders:

https://www.youtube.com/watch?v=Rl3iPxTwtTo

 

Jews are waging a war of violence and ethnic cleansing against the US. We should be sanctioning or bombing Israel. Instead, we're sanctioning Iran -- which poses zero threat to the US -- because the US media and "federal reserve" are owned by Jews.

In reply to by BobEore

slobbermut lloll Sat, 02/24/2018 - 13:42 Permalink

Typical total BS from a typical politically correct poorly informed Jew hating imbecile.  Islamics have it better in Israel than anywhere else in the M.E.   Going to absolutely so enjoy the last laugh as all you moronic Jew Haters finally realize you lined up on the losing side against God's Chosen People.

In reply to by lloll

NiggaPleeze IH8OBAMA Fri, 02/23/2018 - 20:44 Permalink

 

If by "us" you mean the people of the US, you are a liar or ignorant, but in either case, it is you who is filled with the worst type of hate, for you hate the victim for disdaining the tormenting bully.  Iranians (righteously) hate the US government for all of the profoundly evil things it has done to them and its neighborhs.

But then again, most ZHs hate the US government as well.  Do you suggest "we ... do something about" those pesky Zhers?   What are you proposing?

In reply to by IH8OBAMA

Rabbitnexus slobbermut Sun, 02/25/2018 - 08:17 Permalink

Iranian leadership has promise to destroy "Israel" is the Zionist entity attacks them.  That is called self defense you creep and they will absolutely be able to do it if you do, rest assured.  You can rant and rave you sick Zionist puppy but Iran is the bridge too far for you losers and will be strong long after you're history.  The whole civilised world wants "Israel" gone to be honest.

In reply to by slobbermut

slobbermut Mustahattu Sat, 02/24/2018 - 13:58 Permalink

Typically ignorant rant...absolutely obvious most of the world would prefer the US with all of its faults (and indeed they are manifold) over any M.E. Shitsville country except Israel.  Look at all the Islamic 'refugees' trying their best to escape their pathetic dumps to get to America, or Canada, or Europe...anywhere but their miserable own countries.  Look at what a mess many European countries have become by allowing in all those refugees...simply look at all the skyrocketing statistics re. crimes against women.

In reply to by Mustahattu

Zepper David2923 Sat, 02/24/2018 - 16:49 Permalink

No I am just calling out the bullshit!!! Iran would never ever give up that deal. Any threat to do so is absolutely ridiculous!  and can be laughed at. If they chose to rip up the deal it would be the greatest present they could give Israel, SA and the U.S.

 

This incredibly flawed agreement keeps the bombs from flying. And if I was a fucking general, my suggestion would be to carpet bomb the whole fucking country. Starting with its eastern borders and working their way inward. Just to be sure. I would suggest the same with NK.

In reply to by David2923

Zepper Shemp 4 Victory Sun, 02/25/2018 - 13:07 Permalink

Iran is not some awesome country fighting the man. They are not the fucking rebel forces. They are not this fantasy they make themselves out to be. They are the same fucking shit but worse because unlike the masses of morons that keep defending them I know one thing, if they get a fucking NUKE its all fucking over. To make sure there are none lurking in some underground bunker, its better to carpet bomb the country into submission then to risk having a nuclear holocaust. Same goes with NK.

 

 

In reply to by Shemp 4 Victory

DaiRR Zepper Fri, 02/23/2018 - 22:31 Permalink

Oh, about the $1.7 BILLION in cash that Obama happily gave you as a bribe to get your "agreement" Iran deal.

We think that needs to be liberated, along with a huge amount of your 80 million population that knows your Islamic Revolution government is the worst ever.

And to all the Persian trolls and sock puppets crawling over ZH, Molon Labe assholes.

In reply to by Zepper

HRClinton Zepper Fri, 02/23/2018 - 23:47 Permalink

Hey, retard, did you actually read the article? Here is the simplified version -- just for you...

Araghchi replied:

"Well if there is no deal anymore, obviously there is no restrictions in our nuclear program anymore." adding "Iran would still be a member of NPT (non-proliferation treaty), still committed to its obligations and still, you know, obliged not to go for nuclear weapons, this is our policy. 

And in that sense there is no sense of clause in the JCPOA, it's like actually perception that Americans are spreading on others but this is absolutely wrong. 

Iran's commitment not to ever seek or acquire or produce nuclear weapons is permanent."

In reply to by Zepper

nmewn Fri, 02/23/2018 - 20:10 Permalink

"Iran says it will withdraw from the 2015 nuclear deal if big banks continue to avoid doing business with the Islamic republic..."

...lol...yeah, just let that bit of theological cognitive dissonance sink in for a sec ;-)