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Iran's Deputy FM talks JCPOA negotiations at Vienna

Business Materials 29 November 2021 12:24 (UTC +04:00)
Iran's Deputy FM talks JCPOA negotiations at Vienna

TEHRAN, Iran, Nov. 29

Trend:

Irans Deputy Foreign Minister and chief negotiator announced the country's strong preparations in a new round of Vienna Talks, Trend reports citing IRNA.

We have entered into Vienna Talks with serious will and strong preparations so as to lift sanctions, Iran chief negotiator Ali Bagheri Kani said.

He said he had “fruitful discussions” with Russia and China's chief negotiators.

The Deputy Foreign Minister says that the prospect of this round of the talks will be discussed by various delegations in the plenary on Monday, and most likely the framework and timeline of this round will be determined accordingly.

Bagheri added that the focus of this round will be on lifting sanctions.

The talks between Iran and the five countries still party to what is known formally as the Joint Comprehensive Plan of Action (JCPOA) - China, France, Germany, Russia, and the UK - began in the Austrian capital in April, with US representatives participating indirectly.

In January 2016, JCPOA was launched between Iran and the P5+1 group (US, Russia, China, UK, France, and Germany) in connection with Iran's nuclear program. In May 2018, the US announced its withdrawal from the deal and imposed sanctions on Iran in November of the same year.

To preserve the agreements reached as part of the JCPOA, the European signatories of the deal started in January 2019 that a financial mechanism for maintaining trade with Iran called INSTEX was formed.

On May 8, 2019, Iran announced that it had ceased fulfilling its commitments regarding the sale of over 300 kilograms of uranium, as stated in the deal, basing its decision on the other signatories that have not fulfilled their obligations. On July 7, Iran announced that it will not be fulfilling its commitments regarding the enrichment of uranium at 3.67 percent and the reconstruction of the Arak Heavy Water Reactor Facility as stated in the deal.

Iran announced that it will enrich uranium using next-generation centrifuges and will not mix it with the enriched uranium residues as part of the third step of reducing commitments in JCPOA on Sept.5.

On Nov. 5, 2019, Iran announced that it took the fourth step in connection with reducing its commitments to the nuclear agreement. So, uranium gas is being pumped to the centrifuges at the Fordow Fuel Enrichment Plant. On Jan.2020, Iran took the last fifth step in reducing the number of its commitments within JCPOA.

As reported, in late 2020, the Iranian parliament has decided to implement a strategic plan to tackle the sanctions, citing the non-implementation of the Joint Comprehensive Plan of Action (JCPOA) signed between Iran and six countries and the imposition of sanctions on Iran. According to the decision of the Iranian parliament, as of February 23, Iran suspended the implementation of additional steps and an additional protocol provided for in the nuclear deal.

The US imposed new sanctions on Iran in November 2018. Over the past period, the sanctions affected Iranian oil exports, more than 700 banks, companies, and individuals.

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