15 Views

European powers insist on Iran nuclear deal

https://nationaldailyng.com/wp-content/uploads/2019/03/966-Babe-320x100.gif

European powers say they remain committed to the Iran nuclear deal but that they “reject any ultimatums” from Tehran to prevent its collapse.

Iran announced on Wednesday that it had suspended two commitments under the 2015 accord in response to the economic sanctions the US re-imposed last year.

It also threatened to step up uranium enrichment if it was not shielded from the sanctions’ effects within 60 days.

Under the nuclear deal, which is known as the Joint Comprehensive Plan of Action, JCPOA, Iran agreed to limit its nuclear activities in return for sanctions relief.

But a year ago, US President, Donald Trump abandoned the deal, saying it was “horribly one-sided” and needed to be renegotiated, and began reinstating sanctions. In November, those targeting Iran’s oil and financial sectors took effect.

Iran’s economy is now sliding towards a deep recession, the value of its currency has dropped to record lows, and its annual inflation rate has quadrupled.

Post Views: 42

You may be interested

Tinubu sends strong message to Sanwo-Olu
News
1 views
News
1 views

Tinubu sends strong message to Sanwo-Olu

Flora - August 23, 2019

The National Leader of the All Progressives Congress, Bola Ahmed Tinubu, on Friday told the Governor of Lagos State, Babajide…

Listen to these advises, Tinubu cautions Sanwo-Olu
Headlines
2 views
Headlines
2 views

Listen to these advises, Tinubu cautions Sanwo-Olu

Webby - August 23, 2019

The National Leader of the All Progressives Congress, Bola Ahmed Tinubu, on Friday told the Governor of Lagos State, Babajide…

FG threatens to extradite these Nigerians accused of fraud
Headlines
1 views
Headlines
1 views

FG threatens to extradite these Nigerians accused of fraud

Webby - August 23, 2019

The Chairman of Nigerians in Diaspora Commission (NIDCOM), Abike Dabiri-Erewa has responded to the list released by the Federal Bureau…

Leave a Comment

Your email address will not be published.