The China Mail - Iran, Europeans to meet as snapback sanctions loom

USD -
AED 3.67315
AFN 64.99994
ALL 83.124973
AMD 376.619921
ANG 1.790083
AOA 916.999697
ARS 1386.059901
AUD 1.445965
AWG 1.8
AZN 1.660081
BAM 1.695072
BBD 2.009612
BDT 122.428639
BGN 1.709309
BHD 0.37719
BIF 2971
BMD 1
BND 1.2851
BOB 6.894519
BRL 5.141503
BSD 0.997742
BTN 92.939509
BWP 13.688562
BYN 2.956504
BYR 19600
BZD 2.006665
CAD 1.391415
CDF 2299.999874
CHF 0.798098
CLF 0.023199
CLP 916.020059
CNY 6.882597
CNH 6.875665
COP 3684.13
CRC 464.279833
CUC 1
CUP 26.5
CVE 95.875021
CZK 21.239898
DJF 177.719784
DKK 6.474045
DOP 60.625035
DZD 132.91548
EGP 54.2267
ERN 15
ETB 156.696767
EUR 0.86646
FJD 2.261499
FKP 0.75717
GBP 0.755415
GEL 2.679742
GGP 0.75717
GHS 11.010031
GIP 0.75717
GMD 73.496194
GNF 8777.501759
GTQ 7.632939
GYD 208.828972
HKD 7.83795
HNL 26.610307
HRK 6.527104
HTG 130.952897
HUF 330.965997
IDR 17028.3
ILS 3.14681
IMP 0.75717
INR 92.963598
IQD 1310
IRR 1315799.999722
ISK 125.109945
JEP 0.75717
JMD 157.303566
JOD 0.709023
JPY 159.732988
KES 130.098681
KGS 87.449851
KHR 4012.474966
KMF 427.000011
KPW 899.999766
KRW 1508.840244
KWD 0.30934
KYD 0.831502
KZT 472.805432
LAK 21959.999545
LBP 89550.000317
LKR 314.804623
LRD 184.249994
LSL 16.864992
LTL 2.95274
LVL 0.60489
LYD 6.375004
MAD 9.377501
MDL 17.55613
MGA 4160.999683
MKD 53.34747
MMK 2099.768269
MNT 3572.241801
MOP 8.055104
MRU 40.120228
MUR 47.000425
MVR 15.449863
MWK 1736.498722
MXN 17.779002
MYR 4.027503
MZN 63.959822
NAD 16.869726
NGN 1379.170054
NIO 36.730165
NOK 9.72108
NPR 148.701282
NZD 1.75009
OMR 0.384111
PAB 0.997734
PEN 3.42625
PGK 4.307027
PHP 60.104502
PKR 279.050152
PLN 3.705502
PYG 6454.29687
QAR 3.645097
RON 4.417601
RSD 101.640096
RUB 80.179597
RWF 1461
SAR 3.7548
SBD 8.04524
SCR 14.423971
SDG 600.999946
SEK 9.436305
SGD 1.28509
SHP 0.750259
SLE 24.598585
SLL 20969.510825
SOS 571.505074
SRD 37.351059
STD 20697.981008
STN 21.55
SVC 8.730169
SYP 110.564494
SZL 16.860389
THB 32.579566
TJS 9.563492
TMT 3.5
TND 2.918991
TOP 2.40776
TRY 44.592298
TTD 6.768937
TWD 31.955502
TZS 2600.000122
UAH 43.698134
UGX 3743.234401
UYU 40.405091
UZS 12174.999793
VES 473.4672
VND 26336.5
VUV 119.305544
WST 2.766278
XAF 568.506489
XAG 0.013737
XAU 0.000215
XCD 2.70255
XCG 1.798209
XDR 0.706253
XOF 568.523004
XPF 103.650115
YER 238.59594
ZAR 16.83949
ZMK 9001.19364
ZMW 19.281421
ZWL 321.999592
  • RBGPF

    -13.5000

    69

    -19.57%

  • CMSD

    0.0900

    22.35

    +0.4%

  • RYCEF

    0.3800

    15.5

    +2.45%

  • CMSC

    0.1400

    22.18

    +0.63%

  • NGG

    -0.9300

    87.06

    -1.07%

  • RIO

    -0.4400

    94.01

    -0.47%

  • RELX

    0.0200

    33.61

    +0.06%

  • VOD

    -0.0700

    15.14

    -0.46%

  • BCE

    -0.1900

    24.26

    -0.78%

  • GSK

    -0.3200

    56.37

    -0.57%

  • BCC

    0.5500

    73.75

    +0.75%

  • AZN

    -0.6600

    202.83

    -0.33%

  • JRI

    0.1200

    12.73

    +0.94%

  • BTI

    0.4300

    58.71

    +0.73%

  • BP

    0.3600

    47.48

    +0.76%

Iran, Europeans to meet as snapback sanctions loom
Iran, Europeans to meet as snapback sanctions loom / Photo: © AFP/File

Iran, Europeans to meet as snapback sanctions loom

Iran will meet next week with Britain, France and Germany on its nuclear programme, the parties said Friday, as the European powers warned Tehran to engage swiftly to avoid snapback sanctions.

Text size:

The Islamic republic suspended cooperation with the International Atomic Energy Agency in July in the wake of its 12-day war with Israel, citing the UN nuclear watchdog's failure to condemn Israeli and US strikes on its nuclear facilities.

The European trio -- parties to the landmark 2015 Iran nuclear deal -- have threatened to trigger a "snapback mechanism" by the end of August.

The move would reimpose sweeping UN sanctions lifted under the 2015 agreement unless Iran agrees to curb its uranium enrichment and restore cooperation with IAEA inspectors.

"It was agreed that Iran's talks with the three European countries and the European Union would continue next Tuesday at the level of deputy foreign ministers," Iran's foreign ministry said after a phone call between Foreign Minister Abbas Araghchi and senior European diplomats.

France confirmed the talks and cautioned that Iran faced a narrowing window of time.

"We have just made an important call to our Iranian counterpart regarding the nuclear programme and the sanctions against Iran that we are preparing to reimpose," said French Foreign Minister Jean-Noel Barrot on X, noting he was joined on the call by his British and German counterparts and the EU's top diplomat.

"Time is running out. A new meeting will take place next week on this issue," he added.

German Foreign Minister Johann Wadephul said on X that his country remained "committed to diplomacy but time is very short".

"Iran needs to engage substantively in order to avoid the activation of snapback," he said.

"We have been clear that we will not let the snapback of sanctions expire unless there is a verifiable and durable deal."

The EU's foreign policy chief, Kaja Kallas, made a similar statement.

"With the deadline for the snapback mechanism fast approaching, Iran's readiness to engage with the US is crucial. Iran must also fully cooperate" with the IAEA, she said.

It was not immediately clear where the talks, the second since the Iran-Israel war, would take place.

- Iran warns of snapback 'consequences' -

Israel in June launched an unprecedented bombing campaign on Iranian nuclear, military and civilian facilities, prompting Tehran to respond with missile strikes on Israel.

The United States also joined its ally Israel, targeting key Iranian nuclear sites deep within the country.

Iran and the European trio -- known as the E3 -- held talks in late July at the Iranian consulate in Istanbul, which Tehran described as "frank".

Iran's 12-day war with Israel derailed its nuclear negotiations with the United States and saw it suspend cooperation with the IAEA.

The 2015 nuclear deal was aimed preventing Iran from developing an atomic bomb -- an ambition it has consistently denied.

The deal was torpedoed in 2018 when Donald Trump, during his first term as US president, unilaterally withdrew the United States from the agreement and slapped crippling sanctions on its economy.

Iran has ever since criticized Europe over failing to meet its commitments under the deal.

Araghchi reiterated Friday the "lack of legal and moral competence of these countries to resort to the said mechanism" while warning about "the consequences of such an action".

Iran has previously said it would leave the non-proliferation treaty -- or NPT -- if the mechanism, envisaged in the nuclear deal, is activated by the European parties.

The deadline for activating the mechanism ends in October, though Europeans have set an internal target of the end of August to trigger it if diplomacy fails. They have also offered an extension to buy time for talks.

Araghchi said Friday that "this is a decision that must essentially be taken by the United Nations Security Council; and while the Islamic Republic of Iran has its own principled positions and views in this regard, it is not involved in this process."

The foreign minister said earlier this month that Iran was working with China and Russia to prevent the snapback of sanctions.

burs-rkh/dv

O.Yip--ThChM