Iraq premier cancels visit to sanctions-hit Iran

Saul Bowman
August 15, 2018

Johnson's comments come less than a week after the Trump administration on Tuesday reimposed a raft of sanctions on Iran that affect, among other things, the purchase or acquisition of USA dollars by the Iranian government, the country's auto industry and trade in gold or precious metals.

Iran had also warned previous year that it enjoyed the capability to restore its uranium enrichment operations and even develop its capacity to 100,000 SWUs (Separative Work Units) if the nuclear deal with the world powers failed as a result of the United States non-compliance with its undertakings. "We are asking global Britain to use its considerable diplomatic power and influence and join us as we lead a concerted global effort toward a genuinely comprehensive agreement".

"Until then, America is turning up the pressure and we want the United Kingdom by our side", Johnson wrote in the Sunday Telegraph newspaper.

Abadi on August 7 said he did not agree with the renewed USA sanctions but added that he would abide by them to protect his country's interests and risk retaliatory actions by Washington. "It is time to move on from the flawed 2015 deal", he said.

Britain remained open to talks with the USA on how to address concerns about Iran.

In an article for The Sunday Telegraph Mr Johnson told British companies to stop doing business with Iran...

Despite opposition from European allies, US President Trump in May pulled the United States out of a deal between world powers and Tehran under which global sanctions were lifted in return for curbs on Iran's nuclear program. It includes prohibiting them from complying with the unilateral US sanctions.

The move also upheld a campaign-era promise of Trump's and dealt a significant blow to former President Obama's global agreement.

Last week the European Union's executive Commission introduced a "blocking statute" to protect European businesses from the impact of the sanctions.

"It is clear that the danger from Iran did not diminish in the wake of the [2015 Iran] deal", Johnson wrote.

Under the nuclear agreement, also known as the Comprehensive Plan of Joint Action, the Persian country pledged to enrich uranium to only 3.67 percent and surplus remit it to Russian Federation.

In a letter to the Consortium of Moroccan Banks (GPBM), Morocco's minister of foreign affairs, Nasser Bourita, instructed the kingdom's banks to "take all necessary measures" to avoid the political repercussions that may result from trading with Iran, L'Economiste reported on August 9.

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