Azernews.Az

Friday March 29 2024

Iran, Italy explore ways to boost ties after US JCPOA pullout

31 May 2018 14:53 (UTC+04:00)
Iran, Italy explore ways to boost ties after US JCPOA pullout

By Trend

Senior Iranian and Italian officials are looking to explore ways to enhance the ties between Tehran and Rome in different fields, after US President Donald Trump refused to remain in the Iran nuclear deal.

During a meeting in Tehran on May 29, Iran's Minister of Economy and Financial Affairs Masoud Karbasian and Italian Ambassador to Tehran Mauro Conchatori discussed ways to improve bilateral relations between the two countries, following the US decision to leave the 2015 nuclear deal between Tehran and world powers, the ministry said in a statement.

The Islamic Republic of Iran will continue to honor its obligations under the agreement, also known as the Joint Comprehensive Plan of Action, the Iranian minister said, adding that the EU and IAEA have thrown their weight behind the deal and this proves further US Isolation at the international level.

The unilateral US pullout from the JCPOA is aimed at undermining the agreement after years of negotiations, Karbasian said.

Fortunately, European nations, including Italy, have realized this and are trying to salvage it, he added.

Conchatori, for his turn, stressed the need for preserving the deal, saying, "The Italian government has a firm commitment to save the JCPOA and is seeking to continue its ties with Iran like before".

Trump on May 8 said he would take the US out of the agreement. He also signed a presidential memorandum to re-impose what he described as the "highest level of sanctions" against Iran.

The memorandum specifies that many of the sanctions should be re-imposed in 90 days — by August 6, 2018. The most important ones – as reported by media – would be a ban on Iran over buying or acquiring US dollars.

Another set of sanctions will once again be clamped down on Iran within the next 180 days. The most important sanctions would be those concerning Iran’s oil sales and energy sector investment as well as transactions with the Central Bank of Iran (CBI).

---

Follow us on Twitter @AzerNewsAz

Loading...
Latest See more