Trump Administration Says US Will Stay In Iran Nuclear Deal For Now

IRAN-NUCLEAR

Iran said on Saturday it would retaliate against new sanctions imposed by the United States after President Donald Trump set an ultimatum to fix "disastrous flaws" in a deal curbing Tehran's nuclear programme. He said the pact should be strengthened with a separate agreement within 120 days, or else the United States will withdraw."This is a last chance", the Trump said in a statement.

In the statement, Trump listed his conditions for legislation that would address future US participation and called on European allies "to join with the United States in fixing significant flaws in the deal, countering Iranian aggression, and supporting the Iranian people".

The decision was to be announced in a statement issued by the White House a day after Trump engaged in lengthy discussions with U.S. Secretary of State Rex Tillerson, national security adviser H.R. McMaster and others about the deal.

Fourth, the legislation must explicitly state in United States law-for the first time-that long-range missile and nuclear weapons programs are inseparable, and that Iran's development and testing of missiles should be subject to severe sanctions. "And if at any time I judge that such an agreement is not within reach, I will withdraw from the deal immediately", Trump said in an unusually lengthy statement.

Also on Friday, the U.S. Department of Treasury imposed sanctions on 14 individuals and entities over Iran's alleged human rights abuses and ballistic missile program, including the head of Iran's judiciary and the cyber unit of the Islamic Revolutionary Guard Corps.

But the European Union's foreign policy chief who oversees this deal has made it clear all along that it is not open for renegotiation. These and other sanctions also continue to divert investors from sinking money into Iran's vulnerable economy.

Trump formally rejected the deal in October, although the United States has not yet pulled out.

The 2015 Iran nuclear deal was struck between the United States, under the administration of former President Barack Obama, Iran and five other countries. Unilaterally reimposing the sanctions would put the United States in violation of an global agreement that was unanimously approved by the Security Council in 2015.

ERNEST MONIZ: It looks to me as though the administration is in some sense thinking about having the Europeans in effect endorse an imposition of sanctions down the road even with Iran in compliance with the deal.

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Zarif has said Trump's aggressive stance on the deal and Iran generally have also violated the commitment to "refrain from any policy specifically meant to directly and adversely affect the normalization of trade and economic relations with Iran" under paragraph 29.

Earlier Trump signed a waiver keeping the Iran nuclear deal alive, but saying this would be the last time unless Congress and the European countries heed his call to unilaterally strengthen the deal.

This would not entail negotiations with Iran but would be the result of talks with European allies, the official said.

Under US law, the president is required to renew the waiver on sanctions every 120 days.

More than $3.7 billion worth of Iranian assets, blocked because of Iran's human rights record, support for terrorism and missile technology, remain frozen, according to the Congressional Research Service report.

While Most countries around the world supported the Iran deal, US main allies in the Middle East Israel and Saudi Arabia publicly opposed it and accused Obama of abandoning them in order to secure the deal with Iran.

Yuhua was blacklisted for "selling navigation-related equipment" to a designated Iranian company, the agency said.

"Certification is a purely USA domestic decision".

In exchange, economic sanctions on it were lifted.

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