News ID: 233588
Published: 0413 GMT October 30, 2018

Envoy: Paris sticking to Iran deal

Envoy: Paris sticking to Iran deal

French Ambassador to the US Gerard Araud said his country will vigorously follow and preserve the Iran nuclear deal, formally known as the Joint Comprehensive Plan of Action (JCPOA).

Araud, speaking at the France-US Relations meeting held in the Hudson Institute Monday evening, said as far as the JCPOA is concerned, Paris and Washington are fundamentally at odds, IRNA reported.

He said that's an essential difference and it is something related to politics and not commercial in nature.

He added that from the French point of view, the US withdrawal from the deal was a grave mistake.

US President Donald Trump announced in May that Washington was pulling out of the 2015 nuclear agreement, which lifted nuclear-related sanctions against Tehran in exchange for restrictions on Tehran's nuclear program.

A first round of American sanctions took effect in August, targeting Iran's access to the US dollar, metals trading, coal, industrial software, and auto sector. A second round will be targeting Iran's energy sector and financial transactions.

The US move has drawn criticism of the world leaders, particularly the Europeans as they have expressed their opposition to the US measure, pledging to make every effort to save the deal.

Europe is to adopt a new financial mechanism to thwart the impacts of the US sanctions.

 

 

   
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