Iran Working on Final Step of Reducing Its Nuclear Commitments

(Bloomberg) — Iran is working on “the last effective step” in its strategy of scaling back its commitments to the 2015 nuclear deal, according to Abbas Mousavi, spokesman for the Ministry of Foreign Affairs.

While Iran remains open to talks with the European Union on the future of the agreement, the Islamic Republic won’t agree to any proposals from either the bloc or the U.S. for an alternative to the current deal, Mousavi told reporters in Tehran on Monday.

Criticizing a decision made by European countries last week to trigger the accord’s dispute mechanism, he said it “lacks legal value” and that an “empty-handed” EU is unlikely to risk referring the matter to the United Nations Security Council.

To contact the reporter on this story: Arsalan Shahla in Tehran at [email protected]

To contact the editors responsible for this story: Lin Noueihed at [email protected], Paul Abelsky

For more articles like this, please visit us at bloomberg.com

Subscribe now to stay ahead with the most trusted business news source.

©2020 Bloomberg L.P.

source: yahoo.com