Borrell touches on Iranian nuclear deal at G7 talks

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The head of the European Union (EU) Foreign Service, Josep Borrell, said that at the meeting of the G7 foreign ministers held in London, he raised the issue of the implementation of the Joint Comprehensive Plan of Action (JCPOA) on the nuclear deal with Iran. He announced this on Tuesday, May 4, on his page in Twitter

“As the coordinator of the JCPOA, I focused on the need to use the current window of opportunity in order to stimulate the return of the United States to the nuclear program and the full implementation of the designated tasks,” the message says.

On Sunday, May 2, according to Bloomberg, during the Vienna talks on the nuclear program, an agreement was reached to lift sanctions on Iran. As the Deputy Foreign Minister of the country Abbas Arakchi specified, the sanctions pressure will be removed from the energy, banking and financial sectors.

The agreement between the countries also implies the exchange of detainees and the release of four people from each side, the source reports. At the same time, the UK may unfreeze Iran’s £ 400 million.

In late April, it became known that the administration of US President Joe Biden was considering lifting some of the toughest sanctions against Iran, so that the country could return to the JCPOA. The US authorities were reported to be open to lifting sanctions related to terrorism, missile development, and human rights in Iran.

Earlier it was reported that the White House, after the Vienna negotiations on the nuclear deal, expressed its readiness to ease the sanctions pressure on the Iranian side in terms of basic economic elements, such as the oil and industrial sectors.

A senior State Department official said that the United States during the Vienna talks handed over to Iran a list of sanctions measures that the United States is ready to withdraw in order to return Tehran to the implementation of the agreements on the JCPOA.

Despite the progress of the Vienna talks, the head of the State Department’s press service, Ned Price, stressed that the participants have a long way to go to achieve their goals.

In April, Vienna hosted regular meetings of the nuclear deal commission for several weeks, as well as informal meetings of the parties in various formats. The topics of the talks are the lifting of anti-Iranian US sanctions and the restoration of the nuclear deal.

The JCPOA was signed in 2015 and assumed the lifting of sanctions on Iran in exchange for restrictions on the country’s nuclear program. In 2016, the US Supreme Court denied the Iranian Central Bank the return of $ 2 billion from frozen assets. The court decided to transfer the money to the relatives of the American military, who died in 1983 in the explosion of the barracks in Beirut.

In May 2018, the US government decided to withdraw from the deal and tighten sanctions pressure on Tehran. In 2019, Iran announced a gradual reduction in its obligations, which were provided for by the agreement.