Iranian Foreign Minister Visits China To Discuss Nuclear Deal

Trump decision to nix not fix Iran deal adds to transatlantic tensions

China stands by n-deal

The deal focused on limiting and monitoring Iran's production of nuclear fuel, a key ingredient for producing such weapons.

President Donald Trump repeated a misleading claim about Iran's military budget Saturday, saying it had increased by more than 40 percent since the negotiation of the Iran nuclear deal.

Trump's decision to pull the US out of the Iran nuclear came despite pleas from European allies to remain in the Obama-era agreement.

On Wednesday, India had said that all the parties concerned should engage constructively to resolve the Iranian nuclear issue peacefully.

A number of voices in Iran have suggested the deal is unlikely to survive.

"If the remaining five countries continue to abide by the agreement, Iran will remain in the deal despite the will of America", he continued, according to Reuters.

The implications of the US withdrawal are multi-faceted. The sanctions will not only bar USA companies from doing business with Iran, but they also will hurt European and other companies by prohibiting them from using American banks unless they cut links with Iran.

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Le Maire said Paris was seeking USA waivers and longer transition periods over Iran for French companies including Renault (RENA.PA) and Total (TOTF.PA), while pressing for European Union measures to improve the bloc's "economic sovereignty" in the longer term.

"Do we want to be vassals who obey decisions taken by the United States while clinging to the hem of their pants?" In a separate interview on CNN's "State of the Union", he said Iran's economic condition is "really quite shaky", so the impact of sanctions "could be dramatic".

It is a sentiment echoed by Germany and Britain, with UK PM Theresa May calling Trump to maintain that it would respect the treaty.

That is part of a flurry of diplomatic activity lined up following Tuesday's unilateral withdrawal from what U.S. President Donald Trump called "a frightful, one-sided deal", a move accompanied by the threat of penalties against any foreign firms doing business in Iran. "It's a UN Security Council Resolution and it belongs to the entire world", she said.

Meanwhile, Saudi Arabia has signaled it is ready...

Divisions in Iran over what should happen next were illustrated as senior cleric Ayatollah Ahmad Khatami told worshippers at Tehran University on Friday that European nations could not be trusted.

"The holy system of the Islamic Republic will step up its missile capabilities day by day so that Israel, this occupying regime, will become sleepless and the nightmare will constantly haunt it that if it does anything foolish, we will raze Tel Aviv and Haifa to the ground".

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