Published: Wed, May 23, 2018
Finance | By Kristine Clayton

'No alternative' to Iran deal, EU's Mogherini tells US

'No alternative' to Iran deal, EU's Mogherini tells US

"The sting of sanctions will only grow more painful if the regime does not change course from the unacceptable and unproductive path it has chosen for itself and the people of Iran", Pompeo said in his first major speech since becoming secretary of state.

In a dig at Obama and Kerry, Pompeo called out Iran's president, Hassan Rouhani, and foreign minister, Javad Zarif.

She reiterated that the International Atomic Energy Agency (IAEA) had confirmed already 10 times that Iran has implemented "all its nuclear related commitments" under the agreement.

As part of EU's efforts to continue doing business with Iran, the European Commission said last week in a statement that "The commission is encouraging member states to explore the possibility of one-off bank transfers to the Central Bank of Iran".

The re-establishment of the U.S. punitive measures will likely force European companies to choose between investing in Iran or trading with the United States. "Countries have their independence", he added. Instead he hinted, but did not say outright, that we'd start slapping sanctions on allies who stayed in the deal. "This approach could help the Iranian authorities to receive their oil-related revenues, particularly in case of us sanctions which could target European Union entities active in oil transactions with Iran". His book The Iran Agenda Today: the Real Story of U.S. Policy and the Middle East Crisis (Routledge Books) will be published this Fall.

The new demands also state that Iran will be required to pull out completely from Syria, end support for Houthi militias in Yemen, the Taliban in Afghanistan, and allow the disarming of Shia militias in Iraq.

"We are not asking anything other than that Iranian behavior be consistent with global norms", Pompeo said.

Pompeo rolled out the 12 "basic requirements" for Iran in a Monday speech at the Heritage Foundation, a right-wing Washington think tank. "True the public is alienated from the regime but the U.S. visa policy also alienates them. The regime reaps a harvest of suffering and death in the Middle East at the expense of its people". "It aspires to achieve nuclear weapons by various means", Netanyahu said. Why is that? Katulis argues that the all-or-nothing-with-no-leverage approach "further fragments political support at home for USA engagement overseas and created unnecessary ruptures with allies at a time when we need to build coalitions at home and overseas to get real results".

Pompeo was aiming to answer the question of what happens next following Trump's announcement this month that he was pulling the United States out of the Iran nuclear deal.

"We want to hear their concerns".

"Iran did not destroy the archives", he said.

The European Union is now moving ahead with launching a "blocking statute" against USA sanctions on Iran to soften the blow.

In reality, there is no choice - European companies can not afford to forsake the United States market.

Britain has vowed to honour the 2015 agreement, which Johnson said had "protected the world from an Iranian nuclear bomb, and in return [given] the Iranians some recognisable economic benefits".

Trump's decision to pull out of the Iran deal came despite pleas from USA allies that he not do so, while the move was celebrated by the Israeli government, which has long criticized the agreement. The EU tried to dismiss Mr Pompeo's threat to Iran saying that it remained committed to the full implementation of the nuclear deal.

Pompeo said he will work with the Defense Department and regional allies - a group that includes Israel, Saudi Arabia and the Gulf States - to "deter Iranian aggression in the region, including at sea and in cyberspace".

Mr Pompeo did say that the United States would be willing to change its approach and lift the sanctions, if it sees Iran revise its policies.

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