IAEA: Iran adheres to the terms of nuclear agreement

May 11, 2018, 01:43
IAEA: Iran adheres to the terms of nuclear agreement

"We are closely monitoring the developments".

"We are assessing the implications which this might have on our interests", Kumar said.

There have been apprehensions that the United States decision may adversely impact New Delhi's oil import from the Persian Gulf nation as well as Chabahar port project.

India and Iran have robust economic and commercial ties covering many sectors though it has traditionally been dominated by the import of Iranian crude oil by India. "At this stage, I can share with you that the government will take all necessary measures which are required to safeguard our interests".

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He said Iran's right to peaceful use of nuclear energy should be respected along with worldwide community's strong interest in the exclusively peaceful nature of Iran's nuclear program.

Concurring with the Pugwash, the 2017 Nobel Peace laureate ICAN (the International Campaign to Abolish Nuclear Weapons) said: "Trump's decision to withdraw from the Iran deal not only blows up a functioning agreement, it also deals a significant blow to USA credibility as a partner in contract & diplomacy during a time when North Korea will no doubt be watching".

The JCPOA - reached by Iran, China, France, Germany, Russia, the United Kingdom, the USA and the European Union - sets out rigorous mechanisms for monitoring restrictions placed on Iran's nuclear program, while paving the way for the lifting UN sanctions against the country. They said they would work with the other signatories to the 2015 deal Russian Federation and China which have stressed continuing support for the deal. The pact, lifted sanctions on Iran in exchange for Tehran limiting its nuclear program.

Prime Minister Narendra Modi had visited Tehran in May 2016 with an aim to craft a strategic relationship with Iran and expand Indias ties with West Asia.

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FO says arbitrarily rescinding such agreements will undermine confidence in the value of dialogue and diplomacy.

The United States covers about a quarter of the regular budget and has volunteered an additional $US3 million for Iran inspections since 2015, the U.S. official said.

During Rouhanis visit here, both sides inked nine pacts including one on handing over Chabahar ports operation to India for 18 months. India imported United States dollars 10.5 billion worth of goods, mainly crude oil, and exported commodities worth USD 2.4 billion.

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