Insider Business Iran urges Europe to normalise economic ties with it or face consequences

Iran urges Europe to normalise economic ties with it or face consequences

Iran said on Sunday Europe was in no position to criticise Tehran for its military capabilities and it called on European leaders to normalise trade ties with the Islamic Republic despite U.S. sanctions, or face consequences.

President Donald Trump last year withdrew the United States from world powers’ 2015 nuclear deal with Iran and reimposed sweeping sanctions. Trump condemned the accord, signed by his predecessor Barack Obama, as flawed for not being permanent and for not covering Iran’s ballistic missile programme or its role in conflicts around the Middle East.

The west European signatories to the deal – France, Britain and Germany – share the same concerns as the United States over Iran’s ballistic missile development and regional activities.

However, they have defended the nuclear accord as the best way to limit Iran’s enrichment of uranium, a potential pathway to nuclear weapons, and a basis for future negotiations on a broader palette of security and other longstanding disputes.

“Europeans are not in a position to criticise Iran for issues outside the JCPOA,” Foreign Minister Mohammad Javad Zarif was quoted as saying by the state broadcaster, using the acronym for the nuclear deal.

“The Europeans and other signatories of the JCPOA should normalise economic ties with Iran…We will halt our commitments or will take action in accordance with their measures.”

Last month, Iran scaled back some commitments under the 2015 deal and warned that in 60 days it would resume enriching uranium to a higher degree than that permitted by the accord if the Europeans failed to shield it against the U.S. sanctions, which aim to cripple its oil-dependent economy.

German Foreign Minister Heiko Maas will visit Iran this week to explore options for preserving the fraying nuclear non-proliferation pact.

Iranian Parliament Speaker Ali Larijani on Sunday criticised French President Emmanuel Macron for saying last week in a meeting with Trump that they shared the same objectives on Iran.

Macron said France wanted to make sure Tehran will not get nuclear weapons: “We had an accord until 2025 and we want to go further and have full certainty in the long run… (Then) reduce ballistic activity and contain Iran regionally.”

Larijani was quoted as saying by state media: “The recent remarks by the French president in a meeting with Trump were shameful and inept…Macron’s comments did not match what he has been telling our president…in their meetings and on the phone.”

Iran insists its nuclear activities are entirely peaceful, and has repeatedly refused to discuss its missile programme.

Tehran unveiled on Sunday a new “domestically-produced” air defence system with the capability to trace six targets – including fighetr jets, bombers and drones at the same time and destroy them with missiles.

“Iran will increase its military capabilities to protect its national security and interests, and it will not ask permission from anyone on this matter,” Defence Minister Amir Hatami said at an unveiling ceremony for the system.

REUTERS

Top Stories

Nicosia: 17 fined €300 each for holding house party

Despite tough lock down measures, including a ban on house gatherings except for actual residents, Nicosia police last night broke up a house party...

UK coronavirus deaths could reach 7,000 to 20,000 – Ferguson

UK deaths from the coronavirus could rise to between about 7,000 and 20,000 under measures taken to slow the spread of the virus, Neil...

CBC instructs banks not to compound interest during loan repayment moratorium

A general implementation on loan repayments will not be considered as restructuring and the banks are not to assess a possible loss in the...

India curbs diagnostic testing kit exports as virus spreads

India is restricting the export of most diagnostic testing kits, as coronavirus cases in the South Asian nation topped 3,350 on Sunday despite a...

Limassol: Five arrested after 2.3 kilos of cocaine seized

Limassol police have arrested four men and one woman after seizing 2.3 kilos of cocaine sent from Greece with a courier service. The men are...

Taste

Village olive pie

Mix the yeast with the lukewarm water and put it aside for about 12-15 minutes to settle.  Sift the flour with the salt into...

Skordalia (Garlic paste)

Rinse the potatoes and place, unpeeled, in a saucepan. Cover with water, add salt and allow to simmer for 20-30 minutes until soft. Drain,...

Village salad

A must-have with every meal is a village salad. You will find it in every tavern or greek restaurant you visit in Cyprus. Make...

Courgettes with eggs

Heat the oil in a frying pan and fry the courgettes at a medium heat until they soften. Add salt and add the eggs....