Trump to Extend Iran Sanctions Relief, Keeping Nuke Deal Alive For Now

Trump to Extend Iran Sanctions Relief, Keeping Nuke Deal Alive For Now”

European Union powers on Thursday urged U.S. President Donald Trump to endorse a key nuclear agreement with Iran insisting that the deal is essential for international security.

But it is the final time he plans to do so, they warned, adding Trump wants to negotiate a new pact with European allies that would re-impose sanctions on Iran if its government violates terms produced by those desired talks.

There is not a lot of evidence that the nuclear deal is good for the people of Iran who are currently protesting widespread corruption that has bankrupted their economy in spite of sanctions relief and the unfreezing of billions in foreign assets.

"Here at the UN, we look forward to gaining new international cooperation to strengthen actions against Iranian missile activity, enforce arms embargoes that Iran violates, crack down on Iranian sponsorship of terrorism, and continue to shine a light on Iranian human rights violations".

WASHINGTON - President Donald Trump will keep the United States in the Iran nuclear pact for now, the White House announced Friday, at least temporarily settling speculation in the world's oil markets Iranian oil would fall again under U.S. sanctions.

Iranian Foreign Minister Mohammad Javad Zarif called Trump's decision an attempt to "undermine" the deal.

However, as one of the most significant diplomatic legacies of Trump's predecessor Barack Obama, the hard-won nuclear deal formally known as the Joint Comprehensive Plan of Action (JCPOA) has been running the gauntlet of Trump on his campaign trail and since he became president.

The sanctions Trump had to waive on Friday dealt with Iran's central bank. Work already has begun on this front, the official said.

Trump had faced a Friday deadline to decide on whether to waive the sanctions.

"This includes its human rights abuses and censorship of protesters, including those held in Iranian prisons, as well as their continued developments of threatening weapons systems", the official said.

The U.S. president must sign a waiver suspending the U.S. sanctions on Iran every 120 days.

Eliminating the "sunset clauses" that allow Iran to restart its uranium enrichment program after 2025 was also within Trump's concern, according to the officials. Brokered and signed by the US, UK, Russia, France, China, and Germany, the JCPOA places limitations on Iran's nuclear energy program in return for the lifting of economic sanctions on Tehran.

The United States is the only party that has threatened to scrap the deal, a stance that has been confronted by other participants.

European countries have benefited from renewed trade with Iran as sanctions have been lifted, while U.S. companies are still largely barred from doing business with the Islamic Republic due to other sanctions unrelated to the nuclear issue.

Iranians walk past a Ghadr-F missile displayed at a Revolutionary Guard hardware exhibition, marking 36th anniversary of the outset of Iran-Iraq war, at Baharestan downtown Tehran, Iran, September 25, 2016.

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