Iran says will return to nuclear deal only under oil credit line

World

FILE PHOTO – Iran’s top nuclear negotiator Abbas Araqchi attends a meeting of the JCPOA Joint Commission in Vienna, Austria, June 28, 2019. REUTERS/Leonhard Foeger

DUBAI (Reuters) – A senior Iranian official confirmed on Wednesday that Tehran would return to its nuclear deal commitment only if it gets $15 billion for oil sales over four months, as stipulated in a draft French plan to salvage the accord, Iran’s Fars news agency said.

France has proposed offering Iran about $15 billion in credit lines until year-end if Tehran comes fully back into compliance with its 2015 nuclear deal, a move that hinges on Washington not blocking it.

“Our return to the full implementation of the nuclear accord is subject to the receipt of $15 billion over a four-month period, otherwise the process of reducing Iran’s commitments will continue,” Fars quoted Deputy Foreign Minister Abbas Araqchi as saying.

Reporting by Dubai newsroom; Editing by Muralikumar Anantharaman

Products You May Like

Articles You May Like

Reddit Community Lashes Out When Watcher Entertainment Launches Paywall: Is This the Start of a Revolution?
When It Comes to Fashion, Scandi Boys Know What They’re Doing
Under-fire Humza Yousaf vows to stay in power – as pressure builds on his government
Well, It’s Always Nice to Check Out These Enchanted Secrets
Fires, pepper spray and clashes with police as anti-migration protests erupt