Published: Thu, July 19, 2018
Worldwide | By Gretchen Simon

Iran files complaint to United Nations justice court against U.S. new sanctions

Iran files complaint to United Nations justice court against U.S. new sanctions

India side informed Iranian authorities that it has not taken any final decision on "complying" with the U.S. sanctions and would like to continue engagement with the Americans.

In June, in a bid to mount pressure on the Europeans, Iran announced a plan to increase its uranium enrichment capacity with new centrifuges in the event that the agreement collapses, while still denying any desire to build a nuclear weapon.

Under the JCPOA, Iran undertook to put limits on its nuclear program in exchange for the removal of nuclear-related sanctions imposed against Tehran.

In a Twitter post on Saturday on the occasion of the third anniversary of the conclusion of the JCPOA, Zarif also said that the historic nuclear agreement was still a "triumph of multilateral diplomacy" even after the USA pullout from the agreement.

Last month, Washington's threat of sanctions sent oil prices surging, and U.S. crude spiked 3.5% to about $70.50 a barrel.

The United States vowed to fight what it called a "baseless" lawsuit.

Iran has sued the United States at the International Court of Justice in a new strategy to nullify the nuclear sanctions reimposed by President Donald Trump, which are starting to inflict pain on Iran's already weak economy.

"We have just received the answer, and it's negative", he said.

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In response to another question on whether there was any development on the USA reaching out to India over the issue of reduction of imports from Iran, Kumar said, "They had indicated".

Trump has assailed that agreement, which lifted the sanctions in return for Iran's verifiable pledges to use nuclear power peacefully, as "the worst deal", despite support for it by the other participants, including Britain, France and Germany, major USA allies.

In a formal letter, US Secretary of State Mike Pompeo and Treasury Secretary Steve Mnuchin refused to grant the European powers the waiver they had asked for, the Financial Times reported Monday, citing diplomats. "One thing is very clear; that whatever is mandated in our national interests will be done", he asserted. The issue figured during 15th round of Foreign Office Consultations between the two countries during which a host of other issues including implementation of Chabahar port project also figured, official sources said.

Some of Europe's biggest firms rushed to do business with Iran after the nuclear deal took effect three years ago.

Iran is India's third-largest oil supplier after Iraq and Saudi Arabia.

Later this week, Pompeo will deliver a speech at the Ronald Reagan Presidential Library in California on "Supporting Iranian Voices" and will visit with members of the Iranian-American community in the United States. Last month, an official delegation also visited France, Germany and Brussels to assess European Union mood over U.S. moves.

The Iranian embassy released a statement yesterday that Tehran would do its best to ensure security of oil supply to New Delhi, asserting that it had been a reliable energy partner for India.

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