Iran to keep enriching uranium despite U.S. move - parliament speaker

Posted May 07, 2019

The U.S. State Department said on Friday that it has chose to extend sanction waivers on Iran's civil nuclear projects for 90 days.

The US State Department said in a statement that any assistance to expand Iran's Bushehr nuclear power plant could be subject to sanctions as well as to any activities involving the transfer of enriched uranium outside Iran to replace it with natural uranium.

Iranian parliamentary speaker Ali Larijani on May 4 said Iran will continue to enrich uranium in accordance with the accord regardless of US moves to put a stop to it.

The US will also revoke two waivers that allowed Iran to ship its excess heavy water for storage and swap its enriched uranium for natural uranium, according to Ortagus.

"We have mobilized all of the country's resources and are selling oil in the "grey market", state news agency IRNA quoted Zamaninia as saying.

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It added that Iran remained within caps on the level to which it can enrich uranium and complied with limitations on its stock of enriched uranium in accordance with the nuclear accord. The Fars agency carried a similar report.

Despite a set of hostile United States actions, which also included formally branding Iran's revolutionary guard as a "terrorist organization", the Europeans continue to "encourage all countries" to make their "best efforts" to conduct legitimate trade that JCPoA "allows for, through concrete steps".

The European Union and several of its key members expressed concern on Saturday over the United States' decision not to extend waivers on Iranian oil trade while reiterating their commitment to the 2015 nuclear deal.

"We deeply regret the re-imposition of sanctions by the United States following their withdrawal from the JCPOA", read the statement.

"What the world is witnessing now is the resistance of the great Iranian nation in different periods of time and they have been able to live through sanctions", Ambassador Scholz says."What the world is witnessing now is the resistance of the great Iranian nation in different periods of time and they have been able to live through sanctions", Ambassador Scholz said.

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"America is trying to decrease our foreign reserves".

The United States under President Donald Trump has ramped up pressure on the Iranian government as it seeks to end what it calls Tehran's "malign" activities in the region. "So we have to increase our hard currency income and cut our currency expenditures", Mr Rouhani said.

"Last year, we had non-oil exports of $43 billion".

In November, Washington snapped back sanctions on Iran's banking, energy and shipping industries, while granting 180-day waivers to eight of Iran's major oil buyers, including South Korea, Japan and Turkey.

The Europeans reminded Washington that the Iran nuclear agreement, officially called the Joint Comprehensive Plan of Action (JCPoA) remains a "crucial element" of the global nuclear non-proliferation regime and therefore is "essential" to European security. It also blacklisted Iran's elite Revolutionary Guard Corps.

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