US to put more pressure on Iran if nuclear diplomacy fails

National security adviser Jake Sullivan speaks during a press briefing at the White House, Tuesday, March 22, 2022, in Washington. (AP)
National security adviser Jake Sullivan speaks during a press briefing at the White House, Tuesday, March 22, 2022, in Washington. (AP)
Short Url
Updated 26 March 2022

US to put more pressure on Iran if nuclear diplomacy fails

National security adviser Jake Sullivan speaks during a press briefing at the White House, Tuesday, March 22, 2022, in Washington. (AP)
  • Iran’s chief envoy: ‘If the US is pragmatic, a nuclear deal can be reached in the short term’

WASHINGTON: The US is still pursuing talks on Iran’s nuclear program but will work with allies to increase pressure on Iran if diplomacy fails, White House National Security Adviser Jake Sullivan said on Friday.
The talks were close to an agreement until Russia made last-minute demands of the US, insisting that sanctions imposed on Moscow over its invasion of Ukraine would not hurt its trade with Iran.
US officials have been cautious in their assessment of efforts to revive the 2015 nuclear accord between Iran and world powers, which would curb Tehran’s nuclear program in exchange for lifting tough sanctions on Iran’s economy.
Substantial progress has been made in resolving several issues necessary for Washington to come back to the deal “on a compliance-for-compliance basis,” Sullivan told reporters aboard Air Force One en route to Poland with President Joe Biden.
“There still are issues left. There still is work to be done,” he added. “We are still seeking a diplomatic outcome here that puts Iran’s nuclear program back in a box. Of course, if diplomacy doesn’t succeed, then we will work very closely with our international partners to increase the pressure on Iran.”
Iran Foreign Minister Hossein Amirabdollahian said on Thursday that the vital issue of sanctions relief for Iran was not yet fully resolved.
“If the United States is pragmatic, a nuclear deal can be reached in the short term,” he said during a news conference in Beirut.


Minister stresses importance of continuing to develop Bahrain-UK partnership

Minister stresses importance of continuing to develop Bahrain-UK partnership
Updated 22 sec ago

Minister stresses importance of continuing to develop Bahrain-UK partnership

Minister stresses importance of continuing to develop Bahrain-UK partnership

RIYADH: Bahrain’s finance minister has stressed the importance of continuing to develop the partnership between his country and the UK in order to create more ambitious investment opportunities, Bahrain News Agency reported on Sunday.

Minister of Finance and National Economy, Sheikh Salman bin Khalifa Al-Khalifa, also affirmed the depth of UK-Bahraini relations which has strengthened economic cooperation and partnership between the two countries.

The minister also highlighted the importance of building on fruitful cooperation between the two countries and opening up new horizons so as to achieve common aspirations and goals.

The comments were made during the British Minister of State for Asia and the Middle East Amanda Milling’s visit to Manama.

Milling said she was delighted to visit Bahrain and pleased to meet with British embassy officials to learn more about the “on-going work with the Bahrain government.”


Austrian, Egyptian FMs hold talks in Cairo

Austrian, Egyptian FMs hold talks in Cairo
Updated 55 min 27 sec ago

Austrian, Egyptian FMs hold talks in Cairo

Austrian, Egyptian FMs hold talks in Cairo
  • Topics discussed include terrorism, immigration, Russia-Ukraine war, global food crisis

CAIRO: Austrian Foreign Minister Alexander Schallenberg and his Egyptian counterpart Sameh Shoukry held talks in Cairo, discussing the fight against terrorism, illegal immigration, the Russia-Ukraine war and the resulting global food crisis.

At a joint press conference, Schallenberg stressed the importance of resolving the global food crisis resulting from the conflict.

Shoukry said the war has impacted all the world’s countries, adding: “Egypt is the largest importer of wheat in the world, but we have enough reserves for our people and we are working to provide other quantities.”

He said Egypt is in contact with all parties, and its goal is to restore stability and end the conflict.

Shoukry received Schallenberg at the Egyptian Foreign Ministry headquarters. They discussed ways to enhance cooperation between Egypt and Austria, especially in the political, economic and investment fields.


Egypt’s House of Representatives approves Saudi PIF deal

Egypt’s House of Representatives approves Saudi PIF deal
Updated 03 July 2022

Egypt’s House of Representatives approves Saudi PIF deal

Egypt’s House of Representatives approves Saudi PIF deal
  • The agreement aims to encourage, support and protect PIF investments in Egypt

CAIRO: Egypt’s House of Representatives, the lower house of Parliament, has approved an agreement signed in March between Cairo and Riyadh regarding Saudi Arabia’s Public Investment Fund.

The agreement aims to encourage, support and protect PIF investments in Egypt, enhance bilateral trade, and expand both countries’ investments in other countries regionally and internationally.

The PIF, established in 1971, is one of the largest sovereign wealth funds in the world, with assets estimated at $620 billion.


IIF welcomes Egypt’s hosting of COP27

IIF welcomes Egypt’s hosting of COP27
Updated 03 July 2022

IIF welcomes Egypt’s hosting of COP27

IIF welcomes Egypt’s hosting of COP27
  • The IIF includes more than 400 members representing financial institutions from more than 70 countries

CAIRO: The managing director and head of sustainable finance at the Institute of International Finance said it welcomes Egypt’s efforts to host the UN Climate Change Conference in November given the event’s great global importance.

Sonja Gibbs, during a video meeting with International Cooperation Minister Rania Al-Mashat, said COP27 in Sharm El-Sheikh is a great opportunity for Egypt to present its achievements and plans in the field of climate action.

The IIF includes more than 400 members representing financial institutions from more than 70 countries.

It works to support global financial stability, economic sustainability and development efforts.


Port director general dismissed after Aqaba investigation findings of deadly gas leak

Port director general dismissed after Aqaba investigation findings of deadly gas leak
Updated 03 July 2022

Port director general dismissed after Aqaba investigation findings of deadly gas leak

Port director general dismissed after Aqaba investigation findings of deadly gas leak
  • The Director General of the Maritime Authority has also been dismissed

Jordanian Prime Minister, Bishr al-Khasawneh, said on Sunday that the Director General of the Ports Management and Operations Company and a group of officials in the company have been dismissed due to findings of the Aqaba gas leak incident. 

Thirteen people were killed, including at least four Asian migrants, when toxic chlorine gas escaped on the dockside in the Jordanian Red Sea port of Aqaba last week.

The Director General of the Maritime Authority has also been dismissed following the report's findings. 

Khasawneh said that the Aqaba incident report will be referred to the Public Prosecution. 

He added that the investigation found major "inability and failure in safety procedures and dealing with hazardous materials in the port."

The results of the investigation will be announced with full transparency to public opinion.