image Photo: Reuters

Iran: Europe has 2 months to salvage JCPOA

Iranian President Hassan Rouhani declared patience over is running out over what the Islamic Republic regards inadequate international efforts, primarily by Europe, to salvage the 2015 Joint Comprehensive Plan of Action (JCPOA) nuclear agreement.

The Iranian leader warned that his country will grant only two more months for its partners to comply with terms of the JCPOA, before Tehran will unilaterally abandon its remaining nuclear-related commitments.

Despite the two month notice, Rouhani went on to say that the Ayatollah Regime is preparing to enact further significant breaches of the multilateral agreement. His statement came as Iranian officials gave mixed-responses to a French proposal to save the agreement by extending a $15 billion credit line to Iran  until year’s-end, in return for an honoring of the pact in its entirety by the Islamic Republic.  While one senior Iranian official said Tehran would comply in exchange for receipt of that amount through credit or in oil sales, the state-run Press TV reported that Iran has rejected a proposed loan from the European Union for the same sum.