EU efforts to save nuke deal ‘not sufficient,’ says Iran’s Zarif

Iran's Foreign Minister Mohammad Javad Zarif wants the European Union to do more to save the nuclear deal after the exit of the US. (AFP)
Updated 21 May 2018
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EU efforts to save nuke deal ‘not sufficient,’ says Iran’s Zarif

  • Several foreign firms have already halted their Iranian operations while they wait to see how talks within the EU will play out.
  • Zarif spoke after meeting with EU Energy Commissioner Miguel Arias Canete, who has been on a two-day visit to Tehran.

TEHRAN: Iran’s Foreign Minister Javad Zarif said on Sunday that European efforts to save the nuclear deal after the exit of the US were not sufficient.

“The cascade of decisions by EU companies to end their activities in Iran makes things much more complicated,” Zarif told reporters.

He spoke after meeting with EU Energy Commissioner Miguel Arias Canete, who has been on a two-day visit to Tehran — the first by a Western official since Washington announced its withdrawal from the 2015 nuclear deal earlier this month.

“With the exit of the United States from the nuclear deal, the expectations of the Iranian public toward the European Union have increased... and the EU’s political support for the nuclear agreement is not sufficient,” Zarif added in comments carried by state broadcaster IRIB.

Several foreign firms have already halted their Iranian operations while they wait to see how talks within the EU will play out.

French oil major Total said last week it would abandon its $4.8-billion investment project in Iran unless it was granted a waiver from Washington.

Another French energy giant, Engie, said Saturday it would cease engineering work in Iran before November, when US sanctions are due to be reimposed.

“The European Union must take concrete supplementary steps to increase its investments in Iran. The commitments of the EU to apply the nuclear deal are not compatible with the announcement of probable withdrawal by major European companies,” Zarif said.

Canete said he recognized that time was short and that clear measures were needed from Europe to protect investments and oil purchases.

Iran has threatened to resume industrial uranium enrichment “without limit” if its interests are not protected.


Syrian businessman linked to Assad arrested in Kuwait

Mazen Al-Tarazi has been living in Kuwait for a long while. (AFP/File)
Updated 19 March 2019
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Syrian businessman linked to Assad arrested in Kuwait

  • The businessman has a publishing and advertising company in Kuwait
  • He is blacklisted in the EU

KUWAIT CITY: A prominent Syrian businessman with close ties to Syrian President Bashar Assad has been arrested in Kuwait, his lawyer said Tuesday.
Mazen Al-Tarazi was arrested late Monday at his offices, his lawyer Badr Al-Yacoub told AFP.
He said that he did not yet know the reasons behind his client’s arrest.
Local authorities did not immediately release the charges against Tarazi.
But Kuwaiti newspaper Al-Qabas, citing unnamed informed sources, reported that the businessman is accused of money laundering and printing texts without authorization.
A longtime resident of Kuwait, Tarazi owns a publishing and advertising firm in partnership with a high-profile local businessman, Ahmad Al-Jarallah.
Jarallah confirmed to AFP that police had raided his offices on Monday night and arrested Tarazi’s secretary and two Al-Hadaf magazine employees.
Tarazi is on an EU blacklist of Syrian nationals who have been banned from entry to European states and whose assets have been frozen over their role in the Syria war.