Air Freight News

Iran calls for future nuclear talks to drop sanctions ‘snapback’

Any future negotiations on Iran’s nuclear program should drop the so-called “snapback” provision that the U.S. invoked to impose new sanctions on the Islamic Republic, a top adviser said, suggesting the country’s leaders might be willing to amend the deal.

“This mechanism should definitely be put to one side as an irrational principle in the event of any future negotiations,” Ali Akbar Velayati, an aide to Supreme Leader Ayatollah Ali Khamenei, said in an interview published on the latter’s website on Monday.

The demand may indicate some flexibility in Iran’s negotiating stance with the incoming administration of Joe Biden. Iranian officials have so far called for the U.S. to lift sanctions and rejoin the deal while ruling out any renegotiation of its terms.

The trigger mechanism in the 2015 pact with world powers allows for the re-imposition of United Nations sanctions if Iran is found to be in breach of its commitments to curb nuclear activity. The U.S. invoked the measure in Sept. 2020—a move rejected by the UN Security Council because the U.S. is no longer in the deal.

The comments come at a sensitive time. Last week Iran announced a significant breach of the nuclear deal by reviving production of 20% enriched uranium, hours after it seized a South Korean-flagged tanker in the Persian Gulf.

Trump’s remaining days in office have also been some of the most turbulent and chaotic in recent U.S. history, raising concerns that he may take military action against Iran and destroy Biden’s chances of reviving the accord.

Velayati also repeated Iran’s demand for compensation from the U.S. for damage caused by sanctions.

“They have to compensate us, because they sanctioned us unjustly and illegally, and we suffered a great deal of damage,” he said.

Bloomberg
Bloomberg

© Bloomberg
The author’s opinion are not necessarily the opinions of the American Journal of Transportation (AJOT).

Similar Stories

https://www.ajot.com/images/uploads/article/Signal_14_1.png
Signal Ocean Spotlight: Iron Ore – Disconnect between Chinese iron ore imports and steel production widens
View Article
https://www.ajot.com/images/uploads/article/global_softwood_markets.png
Europe and Russia: A region of contrasts shaping global softwood markets
View Article
https://www.ajot.com/images/uploads/article/American_Trailer_Manufacturers_Coalition.png
American Trailer Manufacturers Coalition applauds affirmative preliminary determination from DOC in AD/CVD trade case
View Article
DOE’s Office of Critical Minerals and Energy Innovation announces $134 million to bolster rare earth element supply chains

Selected projects will strengthen domestic rare earth supply chains, reduce reliance on foreign sources, and improve U.S. energy security.

View Article
https://www.ajot.com/images/uploads/article/Holly_McDade.jpeg
Merlo America welcomes new finance manager to support continued growth
View Article
https://www.ajot.com/images/uploads/article/Market_Intel.png
U.S.-China trade talks signal new agricultural commitments
View Article