Europe ‘should be ashamed’ of skirting Iran sanctions, says Netanyahu

Cheryl Sanders
December 3, 2019

The Iranian regime must immediately return to full compliance with its obligations.

He said that Iran has reduced commitments to the JCPOA and that no state should question Iran's remedial action for renegade on the nuclear deal by the USA and the other states parties to the Agreement.

"Belgium, Denmark, Finland, the Netherlands, Norway, and Sweden could not have picked worse timing", the Israeli foreign ministry said in a statement.

Launched by the UK, France and Germany in January, INSTEX shields European businesses from USA sanctions by allowing them to trade with Iran without using dollars or running transactions through American banks.

Sanction-hit Iran was recently shaken by demonstrations that erupted across the country last week, hours after the price of petrol was raised by as much as 200%, and unrest spread to scores of urban centres, with officials confirming five deaths.

The move was to push back against the USA, which unilaterally walked out of the nuclear deal a year ago, re-imposed heavy sanctions on Iran's finances, foreign trade and oil production, and designated its elite Revolutionary Guards Corps a terrorist organization.

After the US pullout, Tehran demanded that the European signees mitigate the damages inflicted on Iran's economy by the renewed USA sanctions and it began exceeding some uranium-enrichment limits set out under the accord.

Meanwhile, diplomats from Iran and other remaining parties to the deal - the UK, France, Germany, China and Russian Federation - will gather in Vienna on Friday to discuss ways forward for the crumbling deal.

Tehran had agreed to limit its nuclear programme in return of lifting of worldwide economic sanctions.

Another part of the statement emphasized that the full and effective implementation of the JCPOA is of utmost importance.

After the U.S. withdrawal, Tehran began gradually abandoning its JCPOA obligations.

Earlier, Iran had announced resumption uranium enrichment activities after it restarted an underground lab in Fordow.

The European Union on Thursday (21 November) called on Iran to show "maximum restraint" in handling protests that have rocked the country, leaving several people dead, and urged an end to violence.

Iran maintains that the new measures are not designed to harm the JCPOA but to save the accord by creating a balance in the commitments.

The Commission on the implementation of the Iran nuclear deal is set to meet for talks in Vienna next week.

Other reports by iNewsToday