Iran’s Deputy Foreign Minister Abbas Araqchi called on Europe to adopt practical measures for saving the 2015 Iran nuclear deal and intensify efforts to implement INSTEX, a payment channel that the three EU signatories to the agreement have set up to maintain trade with Iran.
Iranian Deputy Foreign Minister Abbas Araqchi said European diplomats have reassured him that the bloc is working on new ways to keep financial transactions with Tehran, adding that experts from both sides are negotiating the mechanism.
Iran’s nuclear program will always remain peaceful even if the 2015 nuclear deal with world powers unravels, Iran’s deputy foreign minister said, adding that Tehran does not want to reach a point of tension.
Iranian Deputy Foreign Minister Abbas Araqchi praised the European Union’s support for Iran’s nuclear agreement, saying that Europe possessed an ”obvious and clear” political will to help Tehran in the face of the US sanctions.
Deputy Foreign Minister Abbas Araqchi warned that the Islamic Republic would withdraw from the nuclear deal if the Europeans fail by November 4 to design a mechanism to safeguard Iran’s main interests in the accord, including oil sales and banking payments.
Iranian Deputy Foreign Minister Abbas Araqchi and visiting British Junior Foreign Minister Alistair Burt held talks in Tehran centering on the aftermath of the United States withdrawal from the 2015 nuclear deal with the Islamic Republic.