European powers have a strong will and determination to salvage the nuclear deal but it is not clear whether they have the ability to preserve Iran’s economic benefits enshrined in the agreement after the US departure, says a senior official.
“We have so far witnessed that Europe is serious about saving the JCPOA, but we are not sure about their capabilities,” Deputy Foreign Minister Abbas Araqchi said in an interview broadcast on state TV late on Sunday, using the abbreviation for the deal’s official name, the Joint Comprehensive Plan of Action.
Since President Donald Trump pulled the United States out of the global agreement on May 8, European powers have been struggling to put together an economic package to convince Iran to stay in the deal, including plans to keep its oil trade and investment flowing.
May 28, 2018 20:07
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Europe’s Faculty to Save Nuclear Deal Unclear
The senior diplomat noted that it will not be politically viable for the Europeans to break with the US and join ranks with Russia and China
The nuclear deal was not an “economic” accord but was a “political” and “security” accord, the collapse of which will undermine the global nuclear non-proliferation mechanism
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