Saturday, 22 September, 2018

World scrambles to save Iran deal that Trump tried to sink

Iran deal Trump GETTYDonald Trump has pulled the US out of the Iran nuclear deal
Gerardo Duncan | 13 May, 2018, 00:56

Iran's parliament has called for a "proportional and reciprocal action" in response to President Donald Trump's decision to pull the USA out of a deal which halted Iran's nuclear program.

India on Thursday said it will take necessary measures to offset any adverse impact on its interests due to US President Donald Trump's decision to dump the Iran nuclear deal.

Trump officially pulled the United States out of a nuclear deal with Iran that he has long derided as a bad arrangement, despite pleas from European allies to remain in the accord.

Asked what he would do if Iran restarted its program, Trump said: "I would advise Iran not to start their nuclear program".

As part of the deal, Iran agreed to halt nuclear production for 10 years, close thousands of nuclear facilities, decrease uranium by 98 percent for the next 15 years as well as keep the enrichment of remaining uranium to far below weapons grade, according to BBC.

In announcing the United States pullout on Tuesday, Trump called the accord as an "embarrassment" that was "defective at its core".

The Iran nuclear agreement, also known as the JCPOA was signed in 2015 by China, Germany, France, Russia, UK and United States - a deal created to stop Iran from developing their nuclear arsenal in exchange for the removal of U.S. sanctions.

More broadly, Trump, among others, has argued the deal didn't do enough to address Iran's regional behavior or its missile program.

Mr Obama, whose administration negotiated the deal, called Mr Trump's action "misguided". In a newspaper interview Le Drain said Europeans would "do everything to protect the interests of their companies" and planned to lead "tight negotiations" with Washington.

On Wednesday, India had said that all the parties concerned should engage constructively to resolve the Iranian nuclear issue peacefully.

Warner noted that US allies like France and Germany have strongly encouraged the U.S.to stay in the agreement. The United States should stay a party to the Iran nuclear accord, but improve it - that is the surest way to thwart Iran's nuclear ambitions. He also said Trump's remarks threatened Iran's people and its theocratic government.

Or scuttling the deal could unleash Iran's drive to build a nuclear weapon and trigger a military conflict.

Mr Erdogan also added Turkey would refuse to accept US's withdrawal, saying that their decision was a "mistake".

French carmaker Peugeot has a $430 million deal to produce cars with an Iranian partner; its parent company said in January that it would open a new headquarters in Atlanta as part of a U.S. "comeback".

The European countries in the deal - the UK, France and Germany - have been quick to say they still back the deal.

Meanwhile, an official says that France and the European Union will work with the Trump administration to ensure European business interests in Iran are protected despite the US decision to withdraw from the Iran nuclear deal. Canada is planning to lift sanctions against Iran as well, as our companies vie to do business with the Iranian regime.

Bruno Le Maire said Friday on Europe-1 radio that Europe should not accept that the U.S.is the "world's economic policeman".

"Together, we emphasize our continuing commitment to the JCPOA", their statement read, using the abbreviation for the deal's official name, the Joint Comprehensive Plan of Action.

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