Iran's FM leaves Tehran for Beijing for talks on nuclear deal

14 May, 2018, 20:42 | Author: Regina Boyd
  • German Foreign Minister Heiko Maas

Iran's Foreign Minister Javad Zarif has started a diplomatic tour to search assurances that signatories to a landmark nuclear offer does reverse it even with its own abandonment from the US.

Lavrov meanwhile said Russian Federation and Europe should "jointly defend their legal interests" in terms of the deal.

Iran's Deputy Foreign Minister for Political Affairs Abbas Araqchi said Germany, France and the United Kingdom had 60 days to provide Iran *with enough guarantees to ensure it could* stay in the deal, according to IRNA.

He will later go to Brussels for talks with the European parties to the JCPOA on the possibility of preserving the accord in a way that the Iranian nation's interests are guaranteed.

As the Iranian Foreign Minister Mohammad Javad Zarif is heading to Brussels to meet the EU foreign policy chief Federica Mogherini, EU is pondering an answer after the U.S. threatened on Sunday to impose sanctions on European companies that do business with Iran.

In the wake of the US President's controversial decision, Mr Johnson told the House of Commons that Britain "has no intention of walking away" from the Joint Comprehensive Plan of Action (JCPOA).

Zarif arrived in Beijing on Sunday for the first stop of his tour, ahead of visiting Moscow and Brussels in the coming days.

Bank of England keeps rates unchanged
On Friday the currency rose 0.1 percent versus the dollar at $1.3533 and increased 0.1 percent against the euro at 88.090 pence. Higher interest rates exert downward pressure on inflation, and lower interest rates push it up.

Speaking in Beijing alongside his Chinese counterpart, Wang Yi, he expressed hope that with this visit to China and other countries they will be able to construct a clear future design for the comprehensive agreement. The exacerbation of relations between Israel and Iran over Syria has sparked Moscow's concern, the Russian Foreign Ministry said.

The leaders of Britain, Germany and France - Theresa May, Angela Merkel, and Emmanuel Macron - called upon all participants to adhere to the agreement to the full extent.

He also said Iran should receive economic benefits promised in the accord, even if the United States reinstates sanctions. "We believe that this agreement should continue to be implemented as long as Iran sticks to the nuclear commitments".

"If the remaining five countries continue to abide by the agreement, Iran will remain in the deal despite the will of America", Rouhani said in remarks carried by state television.

U.S. Secretary of State Mike Pompeo said that Washington still wants to work with Europe to counter Iran's "malign behavior". "If the European Union leans towards accommodating the USA, all the progress we have made since 2015 will be lost".

Analysts have suggested Russian Federation could benefit economically from the USA pullout, as it is less exposed to the consequences of renewed sanctions than Europe.

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