Iran Welcomes Outlines of Europe’s Nuclear Deal Rescue Plan

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Iran Welcomes Outlines of Europe’s Nuclear Deal Rescue Plan

Iran Welcomes Outlines of Europe’s Nuclear Deal Rescue Plan(Bloomberg) — Iranian President Hassan Rouhani said he agrees with the basic framework of a European-led plan to revive the embattled 2015 nuclear deal, while the country’s top cleric warned authorities would continue reducing compliance with the accord until a solution is found.“The plan was acceptable in a sense, in terms of its outlines, as it called for Iran not to pursue nuclear weapons and to contribute to peace in the region and regional waterways,” Rouhani was cited as saying by state TV.He added that it also calls for the removal of U.S. sanctions on Iran, including allowing the resumption of oil exports, key Iranian demands for any negotiations.While Rouhani said that he couldn’t agree to some of the phrasing used in the current draft of the initiative, which is being spearheaded by French President Emmanuel Macron, his statement suggests that Iran, Europe and the U.S. may have at least agreed on the core terms of a solution to a standoff that has plunged the Gulf into crisis and rattled oil markets.The plan includes a $ 15 billion credit line that would enable Iran to export oil and would also restore the P5+1 framework of nations — France, the U.K., Russia, China and Germany as well as the U.S. — who were signatories to the nuclear accord abandoned by the Trump administration last year.Rouhani said his European counterparts asked him at the United Nations General Assembly last week to offer alternative suggestions for the plan’s wording so that they could be discussed and negotiated by European and Iranian ministers.Iran has abandoned some of its enrichment obligations under the deal in response to the U.S. economic offensive, and Supreme Leader Ayatollah Ali Khamenei said that process would go on while Europe attempts to meet Tehran’s demands.“We will continue to reduce our commitments and we should do so resolutely,” Khamenei said in a statement Wednesday, according to his official website. Iran will act “until we reach the ideal resolution,” he said.Read more: Why Tensions Between U.S., Iran Fuel Fears of War: QuickTake(Updates with comments from Supreme Leader Khamenei)To contact the reporter on this story: Arsalan Shahla in Tehran at ashahla@bloomberg.netTo contact the editors responsible for this story: Lin Noueihed at lnoueihed@bloomberg.net, Mark Williams, Paul AbelskyFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.


Iran Welcomes Outlines of Europe’s Nuclear Deal Rescue Plan (Bloomberg) — Iranian President Hassan Rouhani said he agrees with the basic framework of a European-led plan to revive the embattled 2015 nuclear deal, while the country’s top cleric warned authorities would continue reducing compliance with the accord until a solution is found.“The plan was acceptable […]

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