United States extends sanction waivers on Iran's civil nuclear projects

European powers highlight SPV in determination to trade with Iran, despite US sanctions

The United States has tightened sanctions on Iran by increasing restrictions on Iran's nuclear program.

The US State Department announced that it will toughen sanctions against Iran for expanding the Bushehr nuclear power plant.

"Iran must stop all proliferation-sensitive activities, including uranium enrichment, and we will not accept actions that support the continuation of such enrichment".

The US intensified its pressures against the Iranian nation recently by refusing to reissue sanctions waivers on Iranian oil sales followed by a Friday announcement that it would try to force Iran to stop nuclear enrichment in a blatant violation of the nuclear deal.

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.

"The important point for us is that we all reject the USA secondary sanctions and see them as unacceptable", Fars quoted Scholz as saying in a meeting with the Iranian commercial officials in the southern province of Fars. "We call upon Iran to continue implementing in full its commitments under the JCPoA as well as its obligations under the Treaty on the Non-Proliferation of Nuclear Weapons".

In its 14 reports, the International Atomic Energy Agency concluded that Iran has abided by the JCPOA, contrary to the views of the Trump administration.

The decision is aimed at forcing Iran to stop enriching uranium, something it was allowed to do up to certain limits under the nuclear deal, it said.

They also said they were concerned by the USA decision "not to fully renew waivers for nuclear non-proliferation projects in the framework of the JCPOA [Joint Comprehensive Plan of Action]" - the title of the nuclear deal.

The JCPoA was signed between Iran and six global mediators (the United Kingdom, Germany, China, Russia, the United States, and France) on July 14, 2015.

The statement said that 'we note Iran's continued compliance with the JCPOA, as repeatedly confirmed by the IAEA. It also, however, granted 90-day waivers for Iran's non-proliferation activities at the Bushehr, Fordow, Arak and Tehran Research Reactor nuclear facilities.

"America is trying to decrease our foreign reserves".

The Trump administration's efforts to impose political and economic isolation on Tehran began a year ago when it unilaterally withdrew from the nuclear deal it and other world powers negotiated with Iran in 2015.

The United States earlier in the week decided not to extend waivers granted to eight countries that allowed them to continue to do business with Iran's crucial oil-export industry.

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