The Vienna meeting to save the JCPOA is a “last-minute” diplomatic effort
A meeting of senior politicians from the remaining countries in the nuclear deal is being held in Vienna. The aim of the meeting is to convince Iran to adhere to the obligations and commitments foreseen in the JCPOA.
With the US withdrawal from the nuclear agreement with Iran and the intensification and renewal of sanctions against the country, the fate of the nuclear agreement is in jeopardy. By pursuing a policy of maximum sanctions, the US is trying to prevent Iran from exporting oil. In response to these measures, the Islamic Republic of Iran has announced that it will reconsider the implementation of some of the commitments foreseen in the nuclear agreement.
On Friday, June 28, the German news agency (dpa) published a report from Vienna, covering the meeting of senior politicians from the remaining countries in the nuclear deal.
The meeting aims to convince Iran to remain in the nuclear deal. On the anniversary of the US withdrawal from the nuclear deal, the Islamic Republic of Iran had set a 60-day deadline for the countries involved in the agreement. The deadline will expire in a few days.
Iran has announced that if European countries fail to provide the conditions for Iran to economically exploit the nuclear agreement, they will also suspend the set limit on uranium enrichment, a move that would mean the failure of the JCPOA.
Increased tension
The German news agency has referred to recent developments in the Persian Gulf in its report. The downing of a US drone by Iran and the US decision to launch an airstrike on the country, which was called off at the last minute by Trump, had increased the scope of the tension between the two countries.
The German news agency has described the meeting of senior politicians from the remaining countries in the nuclear deal as a diplomatic effort to save the JCPOA.
A senior Iranian politician told reporters that “there is always a last-minute chance for a diplomatic solution.”
This is while Abbas Araqchi, Deputy Foreign Minister of the Islamic Republic of Iran, told reporters on Thursday, June 27, on the eve of a special meeting of senior politicians from the remaining countries in the JCPOA that the three countries, Britain, Germany, and France, must present their plans to counter the US sanctions on Iran.
Araqchi had said: "Otherwise, we will definitely reduce our commitments regarding the nuclear agreement."
The German news agency continued its report by writing that European countries are expected to launch the "INSTEX" financial mechanism on Friday, June 28.
This financial solution allows foreign trade between Iran and Europe. However, there are doubts about the success of this financial mechanism. European companies operating in the United States fear that any participation in financial transactions with Iran will result in these companies being subject to sanctions imposed by the United States.
Source: DW
