USA and Iran to clash at United Nations nuclear watchdog

USA and Iran to clash at United Nations nuclear watchdog

USA and Iran to clash at United Nations nuclear watchdog

Zarif said Iran has been fully committed to the agreement and it has been verified by 15 reports issued by the International Atomic Energy Agency.

"We call on Iran to reverse its recent nuclear steps and cease any plans for further advancements in the future".

But Tehran says it has lost patience with perceived inaction by European countries more than a year after President Donald Trump pulled the United States out of the agreement.

Iran's Foreign Minister Javad Zarif is accusing Trump's national security adviser John Bolton and the Israeli prime minister of killing the 2015 deal as well as one in 2005 that he says resulted in Iran increasing its enrichment. But Iran would move to the "third phase" of its stepped-up uranium enrichment program unless the Europeans kept promises to uphold the economic benefits of the accord.

He noted to the expansion of centrifuges as another Iran's option if 2015 nuclear deal signatories don't observe their commitments during Iran's ultimatum, Iran Press reported.

Kazim Gharib Abadi, Iran's ambassador to the IAEA, told reporters following Trump's accusation that all Tehran's nuclear activities were being scrutinized by IAEA inspectors. It has offered to return to the agreement, but Trump has long rejected the deal, saying it was too generous to Tehran and did not address its involvement in regional conflicts. Instead, they said all parties to the deal should meet urgently.

Emmanuel Bonne was told by Iranian President Hassan Rouhani that Iran had "kept the path of diplomacy and talks completely open" and that it hoped other parties to the nuclear deal would be able to "use this opportunity properly".

Powell Signals That Rate Cut Could Be Coming Soon
Government bond yields dipped, with two-year Treasuries falling below 1.87%, from around 1.93% earlier Wednesday morning. Talks have since restarted, but more than $350 billion worth of tariffs remain in place with no timeline on progress.

France and other countries have called on Iran to go back to complying with the nuclear deal after Tehran increased uranium enrichment beyond the limits set by the deal.

Diplomats earlier told Reuters the IAEA told member states in a closed-door meeting Iran was enriching uranium to 4.5% purity, above the 3.67% limit set by the global treaty.

"The global community must hold Iran's regime accountable", the United States said in a statement explaining its decision to call the Board of Governors meeting.

"Iran has utilized compensatory mechanisms defined in the JCPOA, i.e. section 26", he said, "Europeans have used the mechanism as an instrument and they know the snapback mechanism can not become operational". "It is imperative that this misbehavior not be rewarded, for if it is, Iran's demands and provocations will only escalate".

Wolcott reiterated that Washington believes the deal was ineffective, but remains "open to negotiation without preconditions". Since then, it also announced it has started enriching uranium past the 3.67 percent purity allowed, to 4.5 percent.

Since Trump withdrew from the nuclear accord, the restoration of heavy sanctions on Iran, including its oil industry, has exacerbated an economic crisis that has sent the currency plummeting. Shamkhani went on to criticise European countries for their "lack of will" in providing relief from United States sanctions.

Iran's president says Britain will face "repercussions" over the seizure of Iranian supertanker. "You are an initiator of insecurity and you will understand its repercussions", he warned the British government, calling for the "full security" of global shipping lanes.

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