Iran says US sanctions intended to derail efforts to save nuclear deal

From left, French Foreign Minister Jean-Yves Le Drian, German Foreign Minister Heiko Maas and Iranian Foreign Minister Javad Zarif walk, during a meeting of the foreign ministers from Britain, France and Germany with the Iran Foreign Minister and EU foreign policy chief Federica Mogherini, at the Europa building in Brussels, Tuesday, May 15, 2018. (AP/Olivier Matthys, Pool)
Updated 16 May 2018
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Iran says US sanctions intended to derail efforts to save nuclear deal

  • Iran has described the new US sanctions as illegal and has warned that if talks to rescue the accord fail, it would ramp up its nuclear program to a level more advanced than before

LONDON: Iran said on Wednesday that new sanctions imposed on it by Washington were an attempt to derail efforts to save the 2015 nuclear deal by its remaining signatories following the US withdrawal from the accord.
The US Treasury on Tuesday imposed sanctions on Iran’s central bank governor, three other individuals and an Iraq-based bank, a week after US President Donald Trump abandoned the deal Iran signed with world powers to curb its nuclear program.
Iran has described the sanctions as illegal and has warned that if talks to rescue the accord fail, it would ramp up its nuclear program to a level more advanced than before.
“With such destructive measures, the American government is trying to influence the will and decision of the remaining signatories of the JCPOA (nuclear agreement),” Iranian Foreign Ministry spokesman Bahram Qasemi was quoted as saying by Fars news agency.
British, French and German foreign ministers met in Brussels on Tuesday to see how they can save the nuclear deal without the United States, but appeared hard-pressed over how their companies could continue doing business with Iran once Washington begins to reimpose sanctions.
Iranian Foreign Minister Mohammad Javad Zarif said the meeting had been a good start, but he wanted to see guarantees materialize.
The Europeans and Iranians have now tasked experts to come up with measures quickly and will meet again in Vienna next week.


Turkey will respond if US imposes more sanctions — trade minister

Updated 14 min 15 sec ago
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Turkey will respond if US imposes more sanctions — trade minister

  • American pastor’s detention in Turkey has sparked a diplomatic standoff and battered the Turkish currency
  • Washington warned Thursday that it would impose more sanctions unless the pastor was released
ISTANBUL: Turkey on Friday threatened to respond if the United States levied further sanctions over the detention of an American pastor, which has sparked a diplomatic standoff and battered the Turkish currency.
“We’ve already responded based on the World Trade Organization rules and will continue to do so,” Trade Minister Ruhsar Pekcan was quoted as saying by the state-run Anadolu news agency.
Washington warned on Thursday that it would impose more sanctions unless pastor Andrew Brunson, described by US President Donald Trump as a “hostage,” was released.
Brunson’s detention since October 2016 on terror-related charges has soured relations between the two NATO allies, sending the Turkish lira into a tailspin.
The lira, which earlier this week traded at well over seven to the dollar, was at 5.8 against the dollar and 6.7 against euro on Friday.
Last week, Trump tweeted that his administration was doubling aluminum and steel tariffs for Turkey, and in response Ankara sharply hiked tariffs on some US products.
US Treasury Secretary Steven Mnuchin suggested Thursday the next spiral of tit-for-tat sanctions was coming soon, in a sign of a deepening spat.
Trump prefaced Mnuchin’s remarks by saying that Turkey had not been a very good friend to America.
Referring to Brunson, Trump said: “They have a great Christian pastor there, he’s a very innocent man.”