US-EU-Iran relations – Iran nuclear deal: EU launches dispute mechanism

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US-EU-Iran relations – Iran nuclear deal: EU launches dispute mechanism

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1. Context - Britain, France and Germany ratcheted up pressure on Iran to cease its violations of a landmark nuclear deal, stressing that they want to resolve differences through talks while starting the clock on a process that could result in a so-called snapback of United Nations sanctions.
2. Details - The three countries, which signed the international agreement in 2015 along with the U.S., Russia and China, said in a letter to the European Union’s foreign policy chief that they had no choice but to trigger the deal’s dispute mechanism, given Iran’s ongoing transgressions. The three said they rejected Tehran’s argument that Iran was justified in violating the deal because the U.S. broke the agreement by pulling out unilaterally in 2018. The Europeans stressed that they want to resolve the impasse through constructive diplomatic dialogue and made no threat of sanctions in their statement. They also specifically distanced themselves from sanctions imposed by the U.S., which Washington has said is part of a maximum pressure campaign against Tehran.
3. Background - The 2015 nuclear deal, known as the Joint Comprehensive Plan of Action, or JCPOA, seeks to prevent Iran from producing a nuclear weapon — something Iran insists it does not want to do — by putting curbs on its atomic programme in exchange for economic incentives. Under its dispute resolution mechanism, countries have 30 days to resolve their problem, though that can be extended. If it cannot be solved, the matter could be brought before the UN Security Council and could then result in the snapback of sanctions that had been lifted under the deal.
4. Threat to face consequences - Meanwhile, Iran’s Foreign Ministry warned the European countries about the consequences if the Europeans seek to abuse (this process).

Read more on - Polity | Economy | Schemes | S&T | Environment

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