Europeans reject Irans nuclear deal ultimatum

European signatories to the Iran nuclear agreement on Thursday reaffirmed their support for the deal, but rejected Tehrans two-month deadline.

On Wednesday, President Hassan Rouhani announced his country would stop complying with parts of the Joint Comprehensive Plan of Action (JCPOA) and said the deals signatories should deliver on their promises to protect Irans oil and banking sectors from U.S. sanctions within the next 60 days.

In a joint statement, the EUs foreign policy chief Federica Mogherini and the foreign ministers of France, Germany and the U.K. expressed concern over Rouhanis announcement.

“We strongly urge Iran to continue to implement its commitments under the JCPoA in full as it has done until now and to refrain from any escalatory steps,” they said, while reiterating their own commitment to keeping the deal alive.

“We reject any ultimatums and we will assess Irans compliance on the basis of Irans performance regarding its nuclear-related commitments under the JCPoA and the NPT (Treaty on the Non-Proliferation of Nuclear Weapons),” the statement continued.

Irans compliance with the deal is assessed by the International Atomic Energy Agency (IAEA), which is due to release a new report at the end of the month.

Along with the EU, France, Germany and the U.K., the deals other signatories include China and Russia. The United States withdrew from the JCPOA last year and unilaterally reinstated sanctions against Iran.

On Wednesday evening, U.S. President Donald Trump signed off on new sanctions targeting Irans metals industry.

In their statement, Mogherini and the foreign ministers said that they would continue to pursue “efforts to enable the continuation of legitimate trade with Iran,” including going ahead with INSTEX — a payment mechanism set up by France, Germany anRead More – Source