AIRLINK 72.59 Increased By ▲ 3.39 (4.9%)
BOP 4.99 Increased By ▲ 0.09 (1.84%)
CNERGY 4.29 Increased By ▲ 0.03 (0.7%)
DFML 31.71 Increased By ▲ 0.46 (1.47%)
DGKC 80.90 Increased By ▲ 3.65 (4.72%)
FCCL 21.42 Increased By ▲ 1.42 (7.1%)
FFBL 35.19 Increased By ▲ 0.19 (0.54%)
FFL 9.33 Increased By ▲ 0.21 (2.3%)
GGL 9.82 Increased By ▲ 0.02 (0.2%)
HBL 112.40 Decreased By ▼ -0.36 (-0.32%)
HUBC 136.50 Increased By ▲ 3.46 (2.6%)
HUMNL 7.14 Increased By ▲ 0.19 (2.73%)
KEL 4.35 Increased By ▲ 0.12 (2.84%)
KOSM 4.35 Increased By ▲ 0.10 (2.35%)
MLCF 37.67 Increased By ▲ 1.07 (2.92%)
OGDC 137.75 Increased By ▲ 4.88 (3.67%)
PAEL 23.41 Increased By ▲ 0.77 (3.4%)
PIAA 24.55 Increased By ▲ 0.35 (1.45%)
PIBTL 6.63 Increased By ▲ 0.17 (2.63%)
PPL 125.05 Increased By ▲ 8.75 (7.52%)
PRL 26.99 Increased By ▲ 1.09 (4.21%)
PTC 13.32 Increased By ▲ 0.24 (1.83%)
SEARL 52.70 Increased By ▲ 0.70 (1.35%)
SNGP 70.80 Increased By ▲ 3.20 (4.73%)
SSGC 10.54 No Change ▼ 0.00 (0%)
TELE 8.33 Increased By ▲ 0.05 (0.6%)
TPLP 10.95 Increased By ▲ 0.15 (1.39%)
TRG 60.60 Increased By ▲ 1.31 (2.21%)
UNITY 25.10 Decreased By ▼ -0.03 (-0.12%)
WTL 1.28 Increased By ▲ 0.01 (0.79%)
BR100 7,566 Increased By 157.7 (2.13%)
BR30 24,786 Increased By 749.4 (3.12%)
KSE100 71,902 Increased By 1235.2 (1.75%)
KSE30 23,595 Increased By 371 (1.6%)
World

Iran wants 'snapback' erased from nuclear deal: Khamenei advisor

  • The text also contains a "snapback" mechanism that could be triggered in case of "significant non-performance" of its commitments by Iran.
Published January 12, 2021

TEHRAN: Iran wants to remove a clause from a 2015 nuclear deal that allows for UN sanctions against it to be reinstated, a senior official has said, hinting Tehran would be open to negotiations on the issue.

The agreement between the Islamic republic and six major powers had provided for the lifting of sanctions in exchange for stringent checks on Tehran's nuclear programme and guarantees that it could not seek to acquire a nuclear weapon.

The text also contains a "snapback" mechanism that could be triggered in case of "significant non-performance" of its commitments by Iran.

This would allow the United Nations Security Council to reimpose all the sanctions it had imposed between 2006 and 2015 over Tehran's nuclear activities.

The administration of United States President Donald Trump last year attempted to trigger the mechanism, but the move was rejected, as the US had unilaterally withdrawn from the nuclear deal in 2018.

"From the outset, (Iran's supreme leader Ali Khamenei) was against this snapback mechanism, which was designed against his wishes," said key Khamenei diplomatic advisor Ali Akbar Velayati in an interview published on Khamenei's website.

"In the coming negotiations, this mechanism will certainly need to be abandoned, because it's absurd."

The nuclear deal has come close to collapse since the withdrawal of the United States, which under Trump has adopted a hardline policy of "maximum pressure" against Iran, reimposing crushing US sanctions that have devastated the Iranian economy.

In response, Tehran has rolled back most of its key commitments under the accord, arguing that it is permitted to do so under the deal in light of US moves.

US President-elect Joe Biden, who takes office on January 20, says he wants to rejoin the pact.

But Khamenei insisted last week that "we are in no rush" to see the US rejoin the accord, demanding that the US first remove all the sanctions it had imposed or reinstated since 2018.

Tehran has ruled out a full overhaul of the deal, but says the US rejoining it must be the result of further negotiations.

Comments

Comments are closed.