Europes offer to save Iran nuclear deal insufficient: Rouhani tells Macron

Europes offer to save Iran nuclear deal insufficient: Rouhani tells Macron

Europes offer to save Iran nuclear deal insufficient: Rouhani tells Macron

The Vienna meeting of foreign ministers will discuss the European offer that aims to persuade Iran to stick with the 2015 deal, a European diplomat said without specifying the measures.

Iran's remaining partners in the 2015 nuclear deal vowed Friday to keep the energy exporter plugged into the global economy despite the USA withdrawal and sanctions threat.

Zarif left for Vienna late Thursday to take part in the meeting of foreign ministers of JCPOA members.

Mogherini would chair Friday's meeting.

The commander of Iran's Islamic Revolutionary Guard Corps-Quds Force (IRGC-QF) praised Iranian President Hassan Rouhani for implied threats the president made against global oil supplies, CNN reported on Wednesday.

The pillars of the European Union's strategy are: European Investment Bank lending, a special measure to shield EU companies from U.S. secondary sanctions and a Commission proposal that EU governments make direct money transfers to Iran's central bank to avoid United States penalties.

However, U.S. President Donald Trump decided on May 8 to quit the nuclear deal and vowed to re-impose sanctions, including oil embargo, on Tehran. In addition, the bloc has authorized the European Investment Bank to finance Iranian projects.

On arrival in Vienna, Germany's Foreign Minister Heiko Mass said he didn't expect a collapse of talks, but suggested more negotiations would be needed in the future.

Trump in May slammed the nuclear accord signed under his predecessor Barack Obama as "horrible" and "defective at its core", earning applause from Iran's regional rivals Saudi Arabia and Israel.

Since Trump's shock move in May, which dismayed all other signatories, Washington has warned other countries to end trade and investment in Iran and stop buying its oil from early November or face punitive measures. Several major firms - including France's Total and Peugeot, and Russia's Lukoil - have said they are preparing to leave.

German Foreign Minister Heiko Maas admitted that the situation is hard, and the European Union wants to make it clear to Iran that it has economic benefits from that deal, and it's looking for measures to benefit Tehran under the deal.

"We want to make it clear to Iran today that it still has economic benefits from this agreement", Maas told reporters.

Since Trump's announcement, Iran's rial currency has fallen, prices have risen and the country has been hit by street protests and strikes. Modernization of the Arak heavy water reactor is seen as a key issue in the Iran nuclear deal, as the reactor could potentially produce the nuclear fuel for a warhead.

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