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Iran's official: nuclear deal does not justify economic expectations of Iranian people

Nuclear Program Materials 14 July 2020 14:37 (UTC +04:00)
Iran's official: nuclear deal does not justify economic expectations of Iranian people

BAKU, Azerbaijan, July 14

By Elnur Baghishov – Trend:

The Joint Comprehensive Plan of Action (JCPOA) between Iran and the P5+1 group did not justify the economic expectations of the Iranian people, spokesman for the Iranian government Ali Rabiei said at press conference, Trend reports referring to Mehr news agency.

At present, the only thing left behind in the nuclear deal is Iranian loyalty on commitment, he said.

"However, without a nuclear deal, Iran would have to spend millions of dollars to prove that it is committed to its commitments," he said.

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 against Iran in November of the same year.

In order to preserve the agreements reached as part of the JCPOA, the European signatories of the deal stated 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 having 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.

On Sept. 5, 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 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.

Iran took the last fifth step in reducing the number of its commitments within JCPOA. Iran no longer faces any restrictions on its nuclear program.

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