Sunday, November 24th, 2024

US grants sanctions relief to Iran as Nuclear Talks hit final weeks


05 February 2022  

Time taken to read : 4 Minute


  • A
  • A
  • A

WASHINGTON: The Biden administration restored a sanctions waiver for Iran that is meant to ensure compliance to nuclear commitments as stakeholders enter the final weeks of negotiations to revive the Joint Comprehensive Plan of Action (JCPOA), a senior State Department official told Sputnik.

“The technical discussions facilitated by the waiver are necessary for the final weeks of JCPOA [Joint Comprehensive Plan of Action] talks, and the waiver itself would be essential to ensuring Iran’s swift compliance with its nuclear commitments,” the official said on Friday.

“If talks do not result in a return to the nuclear agreement, such technical discussions could still contribute to achieving our non-proliferation goals.” With respect to the sanctions waiver, it will allow third parties to have more detailed technical discussions related to the disposition of stockpiles of enriched uranium in Iran and other non-proliferation activities, the official said.

The Trump administration rescinded the sanction waiver in May 2020, which allowed British, Chinese and Russian companies to facilitate nonproliferation work at three Iranian nuclear sites, which contained Tehran’s ability to use its nuclear program to build a nuclear bomb. The sanctions waiver allowed Britain and China to help Iran modify its heavy water reactor at the Arak nuclear facility into a light water reactor in order to prevent the production of enough plutonium needed to build a nuclear bomb. The sanctions waiver also enabled Russia to supply 20 per cent enriched uranium to fuel the Tehran Research Reactor, which produces medical isotopes.

Moreover, under the waiver, Russia would export Iran’s scrap and spend fuel from the research reactor. The sanctions waiver is not a concession to Iran, the official said, adding that enabling nuclear non-proliferation projects and safety projects is crucial to the national security interests of the United States, the Middle East and the world. In addition, the official noted that this sanctions waiver is not a sign that the United States and Iran are about to reach an understanding on a mutual return to full compliance of the nuclear deal. Since April 2021, Vienna has been hosting talks to restore the deal.

The eighth round of talks on the 2015 nuclear deal has been underway in Vienna since late December. The parties previously agreed on two drafts of the deal, which included provisions covering Iranian interests. In May 2018, the Trump administration abandoned the deal and reimposed sanctions on Iran, which in response abandoned its commitments under the agreement. The signatories to the original nuclear accord were the United States, Iran, China, France, Russia, the United Kingdom, Germany, and the European Union. It required Tehran to scale back its nuclear program and drastically reduce its uranium reserves in exchange for sanctions relief, including the lifting of an arms embargo five years after the deal was made. (ANI/Sputnik)

Publish Date : 05 February 2022 18:52 PM

Two individuals interviewed for chair of SEBON

KATHMANDU: The interview process for the post of Chair of

Engineer Binod Pandit appointed Executive Director of Town Development Fund

KATHMANDU: Engineer Binod Pandit has been appointed as the Executive

Rabi’s plea to Judge: I won’t flee, release me from custody

POKHARA: Rastriya Swatantra Party Chair Rabi Lamichhane, arrested in connection

Govt promotes startups as key programme for youth entrepreneurs: Industry Minister

KATHMANDU: Minister for Industry, Commerce, and Supplies Damodar Bhandari said

Bill to overhaul Nepal Police Laws, including removal of 30-year service cap

KATHMANDU: The Ministry of Home Affairs has submitted a bill