Nov 19, 2020 06:33 UTC
  • EU’s top diplomat says Iran needs to see JCPOA economic benefits in return for limiting nuclear work

The European Union foreign policy chief, Joseph Borrell, says Iran should reap the economic benefits of the 2015 nuclear deal in exchange for restrictions on its nuclear work.

According to reports, Borrell in an interview with Time magazine said, “This deal is not only a nuclear deal.”

“It is also an economic deal, and Iran is expecting to have some exchange for stopping its nuclear program,” he added.

He also stressed that there was no alternative to the deal, officially known as the Joint Comprehensive Plan of Action (JCPOA), saying the agreement was the way of guarantying the peaceful nature of Tehran’s nuclear program. 

Iranian Foreign Minister Mohammad Javad Zarif said last week that the future of the nuclear deal depends on the course of action and behavior of the US administration.

"Individuals are certainly important, but what matters are the behaviors and actions, and the Islamic Republic is waiting to see these actions from the new US administration," Zarif said.

He also said on Wednesday that Iran is ready to resume its commitments under the nuclear accord if the US stops violations of UN Security Council Resolution 2231 that endorsed the deal and lifts its illegal sanctions.