Lets
forget the previous administration’s deal and lets march another direction
Under
the terms of the 2015 nuclear deal between Tehran and world powers, the United
States agreed to relax sanctions on Iran. But the Trump administration has now
begun to put them back in place, with the first batch to be reimposed
Monday. Those sanctions target a
range of economic sectors, including automobiles, gold, steel and
other key metals. After 90 days, a heftier tranche of sanctions on Iran's oil
industry is set to go back into effect.
This has all been a fait accompli since
May, when President Trump decided to formally renege on
American commitments under the nuclear accord. The president rejected the
assessments of U.N. monitors, who had repeatedly said Iran was in compliance
with the terms of a deal that had placed strict curbs on its nuclear
activities. He also dismissed the entreaties of numerous European allies, who
wanted to preserve what they saw as a successful and hard-won nonproliferation
pact
Now,
European efforts to shield European companies that may still want to do
business in Iran — and thereby risk falling afoul of U.S. sanctions — are
flagging. The chance that these firms may face "secondary sanctions"
from Washington
could stoke tensions between the United States and its Western allies;
it has already compelled various prominent European energy companies to scale back or
fully cut their operations in Iran
"China
has announced it will likely continue
importing oil from Iran, even after the United States moves to
cut down Iranian oil sales down to zero by November. Beijing also looks set to
broaden its cooperation with Iran through its ambitious global infrastructure
project, known as the One Belt, One Road initiative, as well as investments in
Iran's nuclear energy sector"
You
know what Indians and Europeans including Russians too
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