Iran nuclear deal: from US walkout to fresh sanctions
Tehran (AFP) Nov 2, 2018 –
The United States last May quit the landmark 2015 Iran nuclear deal aimed at halting Tehran’s nuclear ambitions.
It reimposed a first wave of sanctions on the Islamic republic in August and is due to pass the remaining tranche on November 5 targeting its crucial oil industry and central bank.
Here are the key developments since that dramatic walkout:
– US quits –
President Donald Trump on May 8 pulls the United States out of the hard-won nuclear pact between world powers and Iran.
“The Iran deal is defective at its core,” he says.
The move provides for the reinstatement of US sanctions on Iran and companies with ties to the Islamic republic.
Washington warns other countries to also end trade and investment in Iran and stop buying its oil, or face punitive measures.
It says sanctions will take effect immediately for new contracts and gives foreign companies an additional 90 to 180 days to end existing trade with Iran.
But other parties to the deal — Britain, France, Germany, Russia and China — insist Iran has abided by its commitments and say they are determined to save the agreement.
– Enrichment threats –
Iranian President Hassan Rouhani warns Tehran could halt the curbs it agreed in the deal and restart increased uranium enrichment “without limit”, looking to the remaining parties to save the accord.
Washington warns on May 21 that Iran will be hit with the “strongest sanctions in history” unless it capitulates to a series of demands aimed at curbing its missile programme and interventions around the Middle East.
– Five powers back deal –
A top US official says on July 2 that Washington is determined to force Iran to change behaviour by cutting its oil exports to zero, confident the world has enough spare oil capacity to cope.
On July 6, Tehran’s five …read more
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