Get Premium Data for Cyber Monday: Up to 55% Off InvestingProCLAIM SALE

Iran says success of nuclear talks hinges on removal of sanctions

Published 02/07/2022, 05:10 AM
Updated 02/07/2022, 05:16 AM

By Parisa Hafezi

DUBAI (Reuters) -Iran said on Monday that Washington had to make a "political decision" regarding lifting sanctions on the Islamic Republic as Tehran's demand for their full removal to revive a 2015 nuclear deal with world powers was non-negotiable.

After eight rounds of indirect talks between Tehran and Washington since April, differences remain about the speed and scope of lifting sanctions on Tehran, including Iran’s demand for a U.S. guarantee of no further punitive steps, and how and when to restore curbs on Iran’s atomic work.

The talks paused on Jan. 28 as top negotiators returned to their respective capitals for consultations. U.S. Special Envoy for Iran Robert Malley on Sunday said he would soon return to Vienna, insisting the pact could still be revived.

"The issue of removal of sanctions and Iran benefiting from it is Iran's red line in the talks," Iranian foreign ministry spokesperson Saeed Khatibzadeh told a weekly a news conference.

"If the U.S. returns to Vienna with a political decision and a specific agenda ... to remove the sanctions, then surely it will be possible to reach a deal quickly."

Iran's lead nuclear negotiator Ali Bagheri Kani would return to Vienna on Tuesday, Khatibzadeh said.

U.S. President Joe Biden's administration on Friday re-introduced sanctions waivers for Iran to allow international nuclear cooperation projects, as indirect American-Iranian talks on a 2015 international nuclear agreement with Tehran enter the final stretch.

"Washington has decided to take a step which has no impact on Iran's economic situation," Khatibzadeh said, echoing Iran's Foreign Minister Hossein Amirabdollahian, who on Sunday described the U.S. move as a "good but insufficient" step.

Iran has gradually violated nuclear limits of the nuclear pact in reaction to then-U.S. President Donald Trump's 2018 withdrawal from the agreement between Tehran and six powers and reimposing of crippling sanctions on Iran.

Iran insists on the immediate removal of all Trump-era sanctions in a verifiable process. Washington has said it would remove curbs inconsistent with the 2015 pact if Iran resumed compliance with the deal, implying it would leave in place others such as those imposed under terrorism or human rights measures.

© Reuters. Iran's and U.S.' flags are seen printed on paper in this illustration taken January 27, 2022. REUTERS/Dado Ruvic/Illustration

Khatibzadeh rejected warnings by Western officials that time is running out to resurrect the pact, given Tehran's nuclear advances.

"We do not consider any fake deadlines ... This round can be the last round if other parties fulfill their obligations and provide guarantees to Iran," he said.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.