Iran to Suspend Some of Its Nuclear Deal Commitments

Iran to Suspend Some of Its Nuclear Deal Commitments

Reporterly

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8 May 2019

Iran said it will no longer comply with elements of the nuclear deal and gave the other signatories 60 days to fulfill their commitments, especially in the banking and oil sectors.

In a letter submitted Wednesday to nations that are party to the nuclear deal, the Supreme National Security Council said Iran no longer stands by its commitment to restrictions related to stockpiles of enriched uranium and heavy water.

Should the other nations meet Iran’s request, the Islamic Republic will revert to its original pledges under the 2015 nuclear accord, according to the letter. In the absence of that, it will implement a step-by-step approach to gradually diminishing its compliance.

President Hassan Rouhani said in televised remarks that other nations must also stand by their commitments.

Iran’s Foreign Minister Javad Zarif said last night the Islamic Republic won’t withdraw from the nuclear accord and its response to the latest U.S. sanctions will be “within the agreement’s framework,” the state-run Islamic Republic News Agency reported.

The U.S. increased economic pressure early this month by letting waivers allowing eight governments to import Iranian oil expire, in its drive to cut Iran’s oil exports to zero and force the country to stop support for groups such as Yemen’s Houthis and Lebanon’s Hezbollah, considered by the U.S. and others a terrorist organization. On Monday, it deployed an aircraft carrier to the Persian Gulf.

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