Smarter News Now
  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • Email Whitelisting
No Result
View All Result
  • Top News
  • Economy News
  • Forex News
  • Investing News
  • Stock News
  • Politics News
  • Editor’s Pick
  • Top News
  • Economy News
  • Forex News
  • Investing News
  • Stock News
  • Politics News
  • Editor’s Pick
No Result
View All Result
Smarter News Now
No Result
View All Result
Home Investing News

US, Iran to resume nuclear talks; US expectations ‘in check’

by
August 4, 2022
in Investing News
0
US, Iran to resume nuclear talks; US expectations ‘in check’
0
SHARES
11
VIEWS
Share on FacebookShare on Twitter
IMAGE VIA INTERNATIONAL ATOMIC ENERGY AGENCY

DUBAI — Top Iranian and US officials will resume talks in Vienna this week on reviving the 2015 nuclear pact, officials from both countries said on Wednesday, though they played down chances of a breakthrough and placed the onus on each other to compromise.

The ball is in Washington’s court to save the pact, Iran’s chief negotiator Ali Bagheri Kani tweeted before heading to Vienna, calling on Washington to “show maturity & act responsibly.”

“The onus is on those who breached the deal & have failed to distance from ominous legacy,” tweeted Mr. Bagheri Kani, referring to the US decision to abandon the pact under which Iran curbed its nuclear program in return for economic sanctions relief.

Speaking at the United Nations, Iran’s UN Ambassador Majid Takht Ravanchi said Tehran had negotiated in good faith to revive the deal and blamed Washington for failing to guarantee Iran would receive the pact’s economic benefits.

“Achieving this objective has been delayed because the United States is yet to decide to give assurance that Iran will enjoy the promised economic benefits in the agreement,” he said.

“When the US makes the right decision Iran, in turn, will cease its remedial actions and resume the full implementation of its nuclear related measures,” he added.

An Iranian official, speaking on condition of anonymity, said talks would resume on Thursday.

US Special Envoy for Iran Rob Malley said he was heading to Vienna but suggested he did not expect major progress.

“Our expectations are in check, but the United States welcomes EU efforts and is prepared for a good faith attempt to reach a deal. It will shortly be clear if Iran is prepared for the same,” he wrote on Twitter.

Mr.  Malley said the talks would proceed on the basis of a text recently proposed by European Union foreign policy chief Josep Borrell to revive the 2015 accord.

Eurasia Group analyst Henry Rome said he thought it unlikely the deal — called the Joint Comprehensive Plan of Action (JCPOA) — would be resurrected this year, putting the odds at 35% and saying neither side wanted the blame for its death.

“Both the US and Iran have a strong interest in keeping the prospect of a deal alive even though both governments appear resigned to its eventual demise,” Mr. Rome wrote in an analysis.

“For the US, the continued focus on the JCPOA postpones a messy and costly pivot to increasing diplomatic and economic pressure on Tehran,” he added. “For Iran, continued diplomacy, even if unproductive, supports domestic markets, forestalls greater international pressure, and gives it cover for its continued nuclear advancements.”

In 2018, then-President Donald Trump reneged on the deal, calling it too soft on Iran, and reimposed harsh US sanctions, spurring Tehran to begin breaching its nuclear limits.

In the latest sign Iran’s nuclear program is advancing, an International Atomic Energy Agency report seen by Reuters said Tehran had completed installing three advanced IR-6 centrifuge cascades at its Natanz fuel enrichment plant.

The 2015 deal seemed near revival in March after 11 months of indirect talks between Tehran and US President Joseph R. Biden, Jr.’s administration in Vienna.

But talks broke down over obstacles including Tehran’s demand that Washington provide guarantees that no US president would abandon the deal as Mr. Trump did.

Mr. Biden cannot promise this because the nuclear deal is a non-binding political understanding, not a legally binding treaty.

Another sticking point was Tehran’s demand that Washington remove Iran’s Islamic Revolutionary Guard Corps from the US Foreign Terrorist Organization list, which Mr. Biden has ruled out.

In June, the EU-mediated, indirect talks between Messrs. Bagheri Kani and Malley ended in Qatar without progress and a senior US official told Reuters afterwards the odds of a revival had diminished.

An Iranian official told Reuters the talks in Vienna will be “in the format of the Doha meeting,” where EU envoy Enrique Mora shuttled between Messrs. Bagheri Kani and Malley because Tehran refused to hold direct talks with Washington. — Reuters

ShareTweetPin

Related Posts

Stocks decline on profit taking, recession fears
Investing News

Stocks decline on profit taking, recession fears

August 23, 2022
Peso climbs vs dollar as RTB offer starts
Investing News

Peso climbs vs dollar as RTB offer starts

August 23, 2022
PNR cancels bids for 3 projects after finding them ‘non-feasible’
Investing News

PNR cancels bids for 3 projects after finding them ‘non-feasible’

August 23, 2022
Senate grills Rodriguez on approval procedures for sugar import order
Investing News

Senate grills Rodriguez on approval procedures for sugar import order

August 23, 2022
Trade dep’t expecting sugar price monitoring report by Friday
Investing News

Trade dep’t expecting sugar price monitoring report by Friday

August 23, 2022
Fisherfolk seek halt to reclamation on municipal fisheries
Investing News

Fisherfolk seek halt to reclamation on municipal fisheries

August 23, 2022
Next Post
Solar power opens the door to banking for rural Indians

Solar power opens the door to banking for rural Indians

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.
Email Address *
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!
 

Recommended

[B-SIDE Podcast] What I’ve learned after helping write the 1987 Constitution

[B-SIDE Podcast] What I’ve learned after helping write the 1987 Constitution

August 8, 2022
How Landlords Can Face the EPC Deadline Challenge

How Landlords Can Face the EPC Deadline Challenge

July 10, 2022
What influence does social media have on people’s behavior?

What influence does social media have on people’s behavior?

August 21, 2022
IMF chief says ‘cannot rule out’ possible global recession

IMF chief says ‘cannot rule out’ possible global recession

July 7, 2022
WTO chief warns of rocky road to deals amid ‘polycrisis’

WTO chief warns of rocky road to deals amid ‘polycrisis’

June 13, 2022
Iloilo City to launch e-payment soon for business permits 

Iloilo City to launch e-payment soon for business permits 

August 17, 2022
  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • Email Whitelisting

Copyright © 2022 SmarterNewsNow.
All Rights Reserved.

Disclaimer: SmarterNewsNow.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

No Result
View All Result
  • About Us
  • Contact Us
  • Email Whitelisting
  • Home
  • Privacy Policy
  • Terms & Conditions
  • Thank You

Copyright © 2020 SmarterNewsNow. All Rights Reserved.