Sunday, 20 May, 2018

Iran-Nuclear Deal: China Reiterates Committment, Regrets Trump Action

People walk past the New York Stock Exchange People walk past the New York Stock Exchange
Ray Hunter | 13 May, 2018, 00:53

And it is easy now to forget that prior to the conclusion of the nuclear deal-also known as the Joint Comprehensive Plan of Action (JCPOA)-U.S. allies in the Middle East other than Israel were more concerned about Iran's regional policies than its nuclear pursuits.

The major European countries, China and Russian Federation are all continuing to express their support for the agreement following Trump's decision to end U.S participation and restore sanctions against Iran. He added that he would "advise Iran not to start their nuclear programme". President Hassan Rouhani has changed his tone and vowed that his country would continue to stick to the deal despite America's withdrawal. German Chancellor Angela Merkel warned on Thursday thar the United States can no longer count on the USA to protect them.

Both as a candidate and since entering office, the president has derided the deal, arguing it could allow Iran to quickly produce a nuclear bomb once the deal's provisions expire.

European governments are scrambling for ways to save billions of dollars in trade that could collapse because of Mr. Trump's decision this week to re-impose sanctions.

"President Trump showed us again today that when he says 'America First, ' he actually means 'America alone, '" U.S. Sen.

The U.S. Treasury said on Tuesday that the United States would reimpose a wide array of Iran-related sanctions after the expiry of 90- and 180-day wind-down periods, including sanctions aimed at Iran's oil sector and transactions with its central bank. Although Trump gave no explicit evidence that Iran violated the deal, he said Iran had clearly lied in the past and could not be trusted.

Sanctions were also imposed against six individuals and three companies, after it was discovered they funnelled millions to Iran's Islamic Revolutionary Guard's elite Quads Force. Trump said that any country that helps Iran in its quest for nuclear weapons could face sanctions.

But he also said Iran would discuss its response with other parties to the deal before announcing a decision. He added that if the deal continued to stand, there would soon be a nuclear arms race in West Asia.

Trump To Meet With North Korea's Kim Jong Un In Singapore
The three boarded under their own steam, when most of the USA delegation had already got on the plane. In Seoul, South Korea's presidential office, Cheong Wa Dae, welcomed the announcement of the summit.

On the horns of dilemma to choose between the friendship of United States and economic interests with Iran, India on Wednesday reacted cautiously to President Donald Trump's decision to pull out of the Iran nuclear deal.

While it brought together the USA, the United Kingdom, Russia, France, China and the European Union in an effort to curb Iran's nuclear program, it also legitimized an oppressive regime and angered Israel and Saudi Arabia, two important allies.

None of these companies have said so far that they intend to cut back on USA investment or hiring after the United States broke the Iran deal.

"If foreigners invest in Iran, it will accelerate the development of our oil sector but, if not, we will not die", he said.

The Russian foreign ministry said it is "deeply disappointed" by Trump's decision.

Trump has promised that he can utilize his business negotiating skills to broker a better deal, according to Politico.

"But for Canada's objective, we make our decisions around foreign policy here in Ottawa, not in Washington, not elsewhere".

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