BREAKING NEWS: IRAN ANNOUNCES IT IS RESTARTING URANIUM STOCKPILING, AND HINTS IT MAY FLOOD EUROPE WITH MIGRANTS FROM THE MIDDLE EAST
by Kevin Ryan
Iranian President Hassan Rouhani says Iran will begin stockpiling uranium, and is giving Europe, Russia, and China 60 days to help thwart American sanctions on oil sales and banking transactions or Iran will begin enriching uranium and rebuilding a closed nuclear facility.
Rouhani also hinted that a failure to comply with Iran’s terms could lead to an influx of migrants and drugs into Europe.
“You know if it were not for us, today, terrorists would be in the capitals of the European countries. You know our role in preventing migrants flooding Europe,” he said. “But you know that this costs us billions of dollars. With the conditions created by the U.S., we cannot pay these expenses.”
The announcement of that Iran will restart uranium stockpiling effectively ends its compliance with the 2015 Joint Comprehensive Plan of Action (JCPOA) nuclear deal, one year to the day after President Trump withdrew America from the deal. Trump has since applied some of the strictest sanctions yet on Iran, including banning the import of Iranian oil and sanctioning any country or business that buys Iranian oil. The value of Iran’s currency has fallen 75% since 2018, and unrest has spread through the country.
So far, Europe has been unable to deliver on promises to help Tehran as U.S. sanctions cripple the Iranian economy and is unlikely to be able to convince its banks and companies to risk billions of dollars in fines by defying American restrictions.
Up until now, the United Nations atomic agency has reported that Iran is complying with the terms of the deal. Critics, however, contend that the deal gave Iran billions of dollars and sanction relief in return for what was merely a temporary, 10-year halt to its nuclear program. The accord’s limits were set such that it would take Iran only one year from the end of the deal to accrue enough uranium for a nuclear bomb.
In addition to today’s announced restart of uranium stockpiling, President Rouhani says Iran will shortly be taking further steps to end its compliance with the deal.
“After 60 days, we will continue with our program we had before the JCPOA [nuclear agreement] and complete Arak,” Mr. Rouhani said Wednesday. Arak is Iran’s unfinished nuclear reactor.
“This will be given another 60 days. Then there will be yet another move.”
French Defense Minister Florence Parly responded that nothing would be worse than Iran withdrawing from the deal, and warned Iran that breaching the accord could lead to EU sanctions.
Any decision to reimpose EU sanctions on Iran would need agreement from all 28 EU member states, which European diplomats have said could be tough to achieve.
source:
https://www.wsj.com/articles/iran-to-stop-complying-with-some-nuclear-deal-commitments-11557297791
by Kevin Ryan
Iranian President Hassan Rouhani says Iran will begin stockpiling uranium, and is giving Europe, Russia, and China 60 days to help thwart American sanctions on oil sales and banking transactions or Iran will begin enriching uranium and rebuilding a closed nuclear facility.
Rouhani also hinted that a failure to comply with Iran’s terms could lead to an influx of migrants and drugs into Europe.
“You know if it were not for us, today, terrorists would be in the capitals of the European countries. You know our role in preventing migrants flooding Europe,” he said. “But you know that this costs us billions of dollars. With the conditions created by the U.S., we cannot pay these expenses.”
The announcement of that Iran will restart uranium stockpiling effectively ends its compliance with the 2015 Joint Comprehensive Plan of Action (JCPOA) nuclear deal, one year to the day after President Trump withdrew America from the deal. Trump has since applied some of the strictest sanctions yet on Iran, including banning the import of Iranian oil and sanctioning any country or business that buys Iranian oil. The value of Iran’s currency has fallen 75% since 2018, and unrest has spread through the country.
So far, Europe has been unable to deliver on promises to help Tehran as U.S. sanctions cripple the Iranian economy and is unlikely to be able to convince its banks and companies to risk billions of dollars in fines by defying American restrictions.
Up until now, the United Nations atomic agency has reported that Iran is complying with the terms of the deal. Critics, however, contend that the deal gave Iran billions of dollars and sanction relief in return for what was merely a temporary, 10-year halt to its nuclear program. The accord’s limits were set such that it would take Iran only one year from the end of the deal to accrue enough uranium for a nuclear bomb.
In addition to today’s announced restart of uranium stockpiling, President Rouhani says Iran will shortly be taking further steps to end its compliance with the deal.
“After 60 days, we will continue with our program we had before the JCPOA [nuclear agreement] and complete Arak,” Mr. Rouhani said Wednesday. Arak is Iran’s unfinished nuclear reactor.
“This will be given another 60 days. Then there will be yet another move.”
French Defense Minister Florence Parly responded that nothing would be worse than Iran withdrawing from the deal, and warned Iran that breaching the accord could lead to EU sanctions.
Any decision to reimpose EU sanctions on Iran would need agreement from all 28 EU member states, which European diplomats have said could be tough to achieve.
source:
https://www.wsj.com/articles/iran-to-stop-complying-with-some-nuclear-deal-commitments-11557297791