The remaining signatories to the 2015 Iran nuclear deal have 60 days to mitigate US sanctions on Iran before the latter will violate the accord for the third time, the country’s foreign ministry warned on Monday, adding that the September 5 deadline will be the last opportunity to save the deal. A ministry spokesman stated that “the West should not criticize the legitimate decisions of Iran, but find practical solutions to convince us to stay in the deal.”
Iran has already exceeded the amount of low-enriched uranium it is allowed to store and the country announced on Sunday that it would start enriching uranium to 4.5%, which is higher than the 3.67% threshold mentioned in the accord. It was not specified what the third violation would be, but the spokesman of Iran’s Atomic Energy Organization hinted that it may be enrichment to 20% or higher.
Europe has been working on a payment system that will allow for indirect trade between Iranian firms and companies from other countries in a way that circumvents US sanctions on Iran. However, the Iranian regime is not satisfied with these efforts.
