Iran president strikes hard line as some US sanctions resume

07 August, 2018, 00:44 | Author: Martin Tyler
  • Protesters in the Iranian capital swarmed its historic Grand Bazaar on Monday news agencies reported and forced shopkeepers to close their stalls in appa

He said behaving like a normal country was "the ask". Iran's rial now trades over double its government-set rate to the USA dollar.

So-called snapback sanctions, due to come into force early on Tuesday, target Iranian purchases of USA dollars, metals trading, coal, industrial software and its auto sector. "They don't understand the meaning of this statement, because it makes no sense for Iranian oil not to be exported, while regional oil exports continue", he said.

Trump has called it a awful deal because he says it gives Iran the opportunity to restart its nuclear program.

Trump has rejected pleas from United States allies not to unilaterally drop out of the deal. Heavier U.S. sanctions, aimed at Iran's oil sector, are due in November.

The prospect of sanctions has already hurt Iran's economy, with the rial currency falling this year and the government cracking down on protests.

Trump often says he wants to meet with Iranian leaders, and last week said he would meet for talks without preconditions. He again justified leaving the nuclear agreement (JCPOA) and left the door open to negotiations for new deal in the future.

"We are always in favour of diplomacy and talks. but talks need honesty", he said. The president's comments came after Rouhani claimed that a war with Iran would be the "mother of all wars".

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"The JCPOA is working and delivering on its goal, namely to ensure that the Iranian programme remains exclusively peaceful, as confirmed by the International Atomic Energy Agency (IAEA) in 11 consecutive reports", representatives for the European Union, France, the United Kingdom and Germany said in a joint statement on Monday.

The new sanctions are a outcome of President Trump's decision in May to withdraw from the nuclear deal with world powers.

Zarif continued, "Trump Administration wants the world to believe it's concerned about the Iranian people".

In exchange, United Nations-approved sanctions were lifted in January 2016, and Iran was allowed to resume trading oil and gas on the worldwide market.

But the US sanctions strategy has several weak spots, especially a reluctance by Europe and China to curtail business with Iran.

The Europeans added that a "blocking statute" will go into effect Tuesday, protecting European companies "engaged in legitimate business with Iran" from USA sanctions and requiring companies who want to pull business out of Iran to get EU approval first.

The secretary of state has previously used the same language when discussing Iran.

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"The Iranian people are not happy, not with the Americans but with their own leadership", he said.

It also wishes to show its support for protesters in Iran who have taken aim at the hardline Islamic regime's social policies, as well as the country's flagging economy.

It has added to tensions inside Iran, which has seen days of protests and strikes in multiple towns and cities over water shortages, high prices and wider anger at the political system.

Mr Trump warned that businesses and individuals that continue to work with Tehran risk "severe" consequences.

Despite the US move to restore the sanctions, which Secretary of State Mike Pompeo reaffirmed in Alaska late Sunday, the Europeans said they would continue to work with Iran to preserve the deal.

The EU announced it would take legal steps to protect EU companies "doing legitimate business in Iran".

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