BR100 Decreased By (-0.91%)
BR30 Decreased By (-1.47%)
KSE100 Decreased By (-0.78%)
KSE30 Decreased By (-0.75%)
AGHA 6.67 Decreased By ▼ -0.01 (-0.15%)
BECO 4.35 Decreased By ▼ -0.02 (-0.46%)
BML 56.17 Decreased By ▼ -1.15 (-2.01%)
BOP 30.12 Decreased By ▼ -0.23 (-0.76%)
CNERGY 12.98 Decreased By ▼ -0.14 (-1.07%)
CSIL 5.31 Decreased By ▼ -0.10 (-1.85%)
FCCL 51.65 Decreased By ▼ -1.14 (-2.16%)
FFL 14.49 Decreased By ▼ -0.23 (-1.56%)
FNEL 1.21 Increased By ▲ 0.09 (8.04%)
KEL 6.06 Decreased By ▼ -0.03 (-0.49%)
KOSM 5.84 Increased By ▲ 0.11 (1.92%)
LOTCHEM 26.17 Decreased By ▼ -0.29 (-1.1%)
MLCF 91.23 Decreased By ▼ -1.93 (-2.07%)
NBP 164.19 Decreased By ▼ -0.47 (-0.29%)
NCPL 53.18 Decreased By ▼ -2.48 (-4.46%)
NPL 59.12 Decreased By ▼ -2.04 (-3.34%)
OGDC 313.39 Decreased By ▼ -3.34 (-1.05%)
PACE 9.77 Decreased By ▼ -0.10 (-1.01%)
PAEL 35.24 Decreased By ▼ -0.39 (-1.09%)
PIBTL 14.71 Increased By ▲ 0.03 (0.2%)
PPL 221.36 Decreased By ▼ -5.55 (-2.45%)
PRL 91.22 Decreased By ▼ -1.80 (-1.94%)
PTC 59.19 Decreased By ▼ -1.07 (-1.78%)
SSGC 23.30 Decreased By ▼ -0.51 (-2.14%)
TBL 8.75 No Change ▼ 0.00 (0%)
TELE 7.61 Decreased By ▼ -0.19 (-2.44%)
TPL 22.03 Decreased By ▼ -0.32 (-1.43%)
TPLP 12.56 Decreased By ▼ -0.41 (-3.16%)
TREET 21.73 Decreased By ▼ -0.43 (-1.94%)
TRG 55.79 Decreased By ▼ -0.77 (-1.36%)
World

Iran says reviving nuclear deal 'useless'

Published Updated
By

TEHRAN: Iran said Saturday that attempting to revive its landmark nuclear deal with world powers that was effectively scrapped by former US president Donald Trump was increasingly "useless".

"Today, the more we advance, the more the JCPOA becomes useless," Foreign Minister Hossein Amir-Abdollahian said in a speech to students at the University of Tehran, using the initials of the official name of the nuclear deal.

In 2015, Iran agreed to curbs on its nuclear programme in exchange for a lifting of sanctions.

US, France, UK, Germany urge Iran to reverse bar on nuclear inspectors

But while the deal was signed with several world powers -- including China, Russia, Britain, France and Germany -- it was rendered effectively useless when the United States unilaterally withdrew under Trump in 2018.

With the US reimposing sanctions, international banks and businesses have stayed away from Iran for fear of falling foul of US regulators.

Tentative efforts to revive the deal by Trump's successor, Joe Biden, have been at a standstill since mid-2022.

"Because (Iran's) red lines have sometimes been ignored by the other side, we are not currently on the path to return to the agreement," Amir-Abdollahian said.

"Of course, this does not mean that we have set the agreement aside. If the agreement serves our interests, (we will accept it) with all its flaws," he added.

The director general of the International Atomic Energy Agency (IAEA), Rafael Grossi, called in October on the international community not to fail in Iran as it did in North Korea, which now has nuclear weapons.

Iran says its nuclear programme is entirely peaceful, but since 2021 the UN body has struggled to monitor the development of its capabilities.

Comments

Comments are closed for this article.