Iran official says Europe has 60 days to give nuclear 'guarantees'

Iran official says Europe has 60 days to give nuclear 'guarantees'

According to him, Araghchi told the commission that if Iran does not receive such guarantees from European leaders it would have to "take the necessary decisions".

On Sunday, the Iranian foreign minister visited China and after his meeting with Lavrov he headed to Brussels to meet the EU High Representative for Foreign Affairs and Security Policy Federica Mogherini, and the foreign ministers of Germany, France and the United Kingdom.

Making the rounds on the Sunday morning shows, National Security Adviser John Bolton expressed hope that European countries would follow President Trump's lead and exit the Iran nuclear deal.

"We will look at potential options for supporting continued sanctions relief for Iran to ensure we meet our commitments under the deal, as well as calling on Iran to continue to abide by the restrictions the deal places upon their nuclear program", he said.

Iran's Foreign minister Mohammad Javad Zarif arrived in Beijing today on the first leg of a whirlwind diplomatic tour planned to rescue the nuclear deal left on the brink of collapse after the U.S. pulled out. "We will all save it together".

"Our meeting with Mrs Mogherini was good and constructive".

President Trump has discussed with President Macron in France with Chancellor Merkel in Germany with Prime Minister May in England to move beyond the deal.

Zarif told Wang that maintaining the nuclear deal will serve Iran's interest.

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They include retaliatory sanctions, allowing the European Investment Bank to invest directly in Iran and co-ordinating euro-denominated credit lines from European governments. Yet Trump claimed Iran is on the cusp of threatening the United States with nuclear-armed ballistic missiles.

The United States has threatened to impose sanctions on European companies that do business with Iran, as the remaining participants in the Iran nuclear accord stiffened their resolve to keep that agreement operational.

'Do we accept extraterritorial sanctions?

But the measures have never been used and may be hard to enforce, while European Union companies could still face asset seizures, fines and possibly criminal charges in the United States. "Right now it's not that bad and the economy's going well and a lot of people have jobs so I don't think it's that big of a deal", says Dr. Badowski.

Major British businesses with interests in Iran include Rolls-Royce, Vodafone and British Airways.

Companies within affected industries between 90 days and six months to wind down operations in Iran or run the risk of facing stiff penalties now that the United States is no longer a party to an worldwide accord that lifted sanctions on Tehran.

The White House also has bluntly warned Iran of unspecified consequences should it resume nuclear activities prohibited under the agreement. The best-case scenario is that Iran and the other signatories to the deal ignore our withdrawal.

But European diplomats were despondent. The US action will also put the opening up of American Embassy on May 14 in Jerusalem in a different light.

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