(By Massoumeh Torfeh *) For the first time since a landmark nuclear deal was signed between Iran and six world powers – the US, UK, Russia, France, China, and Germany – in 2015, Iran is rethinking its strategy and possibly planning an exit.
Iranian Foreign Minister Mohammad Javad Zarif rejected as "improper" the conditions set by the United States for upholding the 2015 multilateral nuclear agreement, urging Washington to immediately fulfill its commitments under the deal.
Germany does not want to abandon a joint comprehensive plan of action on the Iranian nuclear program, advises the United States not to do so, said Foreign Minister of Germany Zigmar Gabriel, RIA Novosti reported.
The European Union could put in place regulations to protect its firms doing business in Iran if the United States withdraws from the 2015 nuclear deal and restores extraterritorial sanctions, a senior EU official said.
In a major interview given to French newspaper Le Monde looking at Total’s strong performance in 2017, CEO Patrick Pouyanné was asked about the “American threat” to the company’s “important gas project” in Iran.
Many foreign companies returned to Iran’s largely untapped market after the signing of the Joint Comprehensive Plan of Action (JCPOA) in July 2015. The landmark deal took effect six months later, and lifted international sanctions in exchange for restrictions on Iran’s nuclear program. The deal has helped bring economic benefits for Iran, including the opening up of the chance to attract foreign direct investment.