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USA, EU not honouring nuclear deal – says Iran official

Iran Official Accuses US, EU of Not Honoring Nuclear Deal By MARIA DANILOVA, abc news, ASSOCIATED PRESS WASHINGTON — Apr 15, 2016, A top Iranian official on Friday accused the U.S. and the European Union of failing to honor last year’s nuclear deal by keeping Iran locked out of the international financial system.

The White House insisted Washington is committed to fulfilling its part of the accord and said Tehran wants concessions that weren’t part of the deal.

The historic accord took effect in January and envisions Iran curtailing its nuclear program in exchange for billions of dollars in sanctions relief.

The head of Iran’s central bank, Valiollah Seif, said in a speech Friday that Iran’s counterparts have not lived up to their commitments and that “almost nothing” has been done as part of the deal.

“In general, we are not able to use our frozen funds abroad,” Seif said at the Council on Foreign Relations through a translator. Seif was in Washington to attend the spring meetings of the International Monetary Fund and the World Bank. “They (Iran’s partners) have not honored their obligations.”

He urged Washington to do more to encourage international banks to do business with Iran and ease Iran’s access to U.S. financial institutions. Otherwise, he said, the deal “breaks up on its own terms.” He did not elaborate……http://abcnews.go.com/Politics/wireStory/iran-official-accuses-us-eu-honoring-nuclear-deal-38426758

April 16, 2016 - Posted by | EUROPE, Iran, politics international, USA

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