European Union committed to Iran nuclear deal: Tusk

European Union committed to Iran nuclear deal: Tusk

The European Union (EU) will create a special entity to facilitate business with Iran and avoid the sanctions imposed by the U.S. after its exit from the nuclear agreement with Tehran.

He accused the United States on Tuesday of trying to overthrow his government.

Germany, France, the UK, China and Russian Federation say Iran is complying with the nuclear agreement and should continue to do so. An initial tranche of sanctions was reimposed in August, and a second round is coming in November.

Iran's Foreign Minister Mohammad Javad Zarif attends a meeting with European Union foreign policy chief Federica Mogherini at the EU Council in Brussels, Belgium, on May 15, 2018.

U.S. Secretary of State Mike Pompeo, speaking at a NY conference on September 25, said that he was "disturbed and indeed deeply disappointed" when he heard of the plan announced a day earlier after a high-level meeting between European and Iranian diplomats.

Iran's president said on Thursday that the U.N. Security Council meeting chaired by President Donald Trump the previous day reflected America's increasing isolation among the global community.

Trump has vowed to continue to isolate Iran through United States sanctions that are being re-instated following the USA pullout from the nuclear agreement in May.

This was stated by Advisor to the President of the United States Donald trump for security John Bolton, according to Reuters.

"The Iranians are counting on this and perhaps creating a wedge between Washington's approach and the European policy".

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"We do not intend to allow our sanctions to be evaded by Europe or anybody else", said Bolton.

Rouhani said that the U.S. should either rectify its mistake or continue with this wrong process.

Washington's subsequent reimposition of sanctions now threaten to cut those who transact with Iran off from the United States financial system.

Trump denounced the 2015 nuclear deal, signed before he took office, as flawed in Iran's favour and for not also curbing its ballistic missile programme or role in regional conflicts, and he used the Security Council session to defend his decision.

Exactly how the system would work is still being determined.

Rouhani lashed out at US President Donald Trump in his speech, saying he is seeking an "overthrow" of the Iranian leadership.

Though India, one of the biggest importers of oil from Iran, has already reduced its import, it has indicated that it is unlikely to go down to zero given its massive energy needs. The law of the strongest? One is certainly the pressure that's put in place. Macron said in his address.

Yet Iranian leaders complain the Europeans haven't done enough to protect the deal, including delivering the promised economic benefits.

Speaking before a gathering of senior officials from Britain, China, Germany, Russia and Iran, the EU's Federica Mogherini made the case for Iran remaining in the deal that U.S. president Donald Trump abandoned on 8 May.

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