Ryabkov to visit Iran to discuss nuclear deal

May 28, 2019 - 19:37

TEHRAN - Russian Deputy Foreign Minister Sergey Ryabkov is scheduled to visit Iran on May 29 to discuss the 2015 nuclear deal, known as the Joint Comprehensive Plan of Action.

“Yes, I plan to be in Iran tomorrow. Questions related to the JCPOA will be discussed,” UrduPoint quoted him as saying on Tuesday.

On May 8, Iran announced a partial withdrawal from some aspects of the pact, saying that the country would no longer adhere to some of the limits on its nuclear activities. It also threatened to step up uranium enrichment if it was not shielded from the sanctions’ effects within 60 days.

Under the JCPOA, Iran agreed to put caps on its nuclear work in exchange for termination of economic and financial sanctions. However, U.S. President Donald Trump unilaterally pulled Washington out of the nuclear deal in May 2018 and ordered reimposition of sanctions against Iran. The first round of sanctions went into force on August 6 and the second round, which targets Iran’s oil exports and banks, were snapped back on November 4.

Also, on April 22 the U.S. announced that Washington has decided not to extend waivers allowing major importers to continue buying oil from Iran. The waivers ended on May 2.

On January 31, France, Germany and Britain announced the creation of INSTEX, a special purpose vehicle aimed at facilitating legitimate trade between European economic operators and Iran.

Russian President Vladimir Putin, German Chancellor Angela Merkel and French President Emmanuel Macron held a phone conversation on May 21, discussing ways to preserve the 2015 nuclear deal and continuing economic and trade cooperation with Iran.

“Discussing developments related to the Joint Comprehensive Plan of Action on the Iranian nuclear program, the leaders noted the importance of preserving this agreement that is a key factor in maintaining international stability and security. They confirmed the commitment of Russia, France and Germany to continuing mutually beneficial trade and economic cooperation with Iran,” the Kremlin said in a statement.