AGL 39.18 Decreased By ▼ -0.82 (-2.05%)
AIRLINK 127.95 Decreased By ▼ -1.11 (-0.86%)
BOP 6.85 Increased By ▲ 0.10 (1.48%)
CNERGY 4.70 Increased By ▲ 0.21 (4.68%)
DCL 8.41 Decreased By ▼ -0.14 (-1.64%)
DFML 41.20 Increased By ▲ 0.38 (0.93%)
DGKC 82.20 Increased By ▲ 1.24 (1.53%)
FCCL 33.11 Increased By ▲ 0.34 (1.04%)
FFBL 74.20 Decreased By ▼ -0.23 (-0.31%)
FFL 11.83 Increased By ▲ 0.09 (0.77%)
HUBC 110.10 Increased By ▲ 0.52 (0.47%)
HUMNL 14.10 Increased By ▲ 0.35 (2.55%)
KEL 5.23 Decreased By ▼ -0.08 (-1.51%)
KOSM 7.58 Decreased By ▼ -0.14 (-1.81%)
MLCF 39.25 Increased By ▲ 0.65 (1.68%)
NBP 63.68 Increased By ▲ 0.17 (0.27%)
OGDC 192.95 Decreased By ▼ -1.74 (-0.89%)
PAEL 25.55 Decreased By ▼ -0.16 (-0.62%)
PIBTL 7.28 Decreased By ▼ -0.11 (-1.49%)
PPL 153.40 Decreased By ▼ -2.05 (-1.32%)
PRL 25.55 Decreased By ▼ -0.24 (-0.93%)
PTC 17.53 Increased By ▲ 0.03 (0.17%)
SEARL 81.70 Increased By ▲ 3.05 (3.88%)
TELE 7.67 Decreased By ▼ -0.19 (-2.42%)
TOMCL 33.49 Decreased By ▼ -0.24 (-0.71%)
TPLP 8.43 Increased By ▲ 0.03 (0.36%)
TREET 16.30 Increased By ▲ 0.03 (0.18%)
TRG 56.60 Decreased By ▼ -1.62 (-2.78%)
UNITY 27.58 Increased By ▲ 0.09 (0.33%)
WTL 1.35 Decreased By ▼ -0.04 (-2.88%)
BR100 10,501 Increased By 55.8 (0.53%)
BR30 31,116 Decreased By -73.5 (-0.24%)
KSE100 98,171 Increased By 372.5 (0.38%)
KSE30 30,652 Increased By 171.7 (0.56%)

Iran said Monday it will surpass from June 27 a uranium stockpile limit set under the nuclear deal with world powers that the US abandoned last year, worrying EU powers who urged Tehran against ultimatums. French President Emmanuel Macron encouraged Iran to be "patient and responsible" at a time of growing tension as Washington blames Tehran for attacks on tankers in the Gulf of Oman.
"Today the countdown to pass the 300 kilograms reserve of enriched uranium has started and in 10 days time... we will pass this limit," Iran's atomic energy organisation spokesman Behrouz Kamalvandi told a new conference broadcast live on state television. The move "will be reversed once other parties live up to their commitments," he added, speaking from the Arak nuclear plant southwest of Tehran.
Israel's Prime Minister Benjamin Netanyahu called on the international community to immediately hit Iran with "snapback sanctions" should it violate the deal by surpassing the uranium stockpile limit set in the deal. On May 8, President Hassan Rouhani said Iran would stop observing restrictions on its stocks of enriched uranium and heavy water agreed under the 2015 nuclear deal.
Rouhani said the move was in retaliation for the unilateral US withdrawal from the accord last year, which saw Washington impose tough economic sanctions on Tehran. Tensions between Tehran and Washington have escalated ever since, with the United States bolstering its military presence in the region and blacklisting Iran's Revolutionary Guards as a terrorist organisation.
The US has also blamed Iran for last week's attacks on two tankers in the Gulf of Oman, a charge Tehran has denied as "baseless". Iran has threatened to go even further in scaling down nuclear commitments by July 8 unless remaining partners to the deal - Britain, China, France, Germany and Russia - help it circumvent US sanctions and especially enable it to sell its oil.
"The current situation is sensitive" and there is still time for the deal's partners to save this agreement, Rouhani told the French ambassador to Tehran Philippe Thiebaud on Monday. Speaking in Paris, Macron said he regretted Tehran's latest announcements. "We strongly encourage Iran to behave in a way that is patient and responsible," he said.
Any kind of escalation "is damaging to the interests of the Iranians themselves and also to the international community", he added. "So we will do everything with our partners to dissuade Iran from this (surpassing the limit)," he said. German Foreign Minister Heiko Maas rejected the Iranian ultimatum and insisted Tehran stick to its commitments under the deal. A spokesman for the British government echoed the call, saying the E3 - the European signatories to the deal - has "consistently made clear that there can be no reduction in compliance".
Under the agreement, Iran pledged to reduce its nuclear capacities for several years and allow international inspectors inside the country to monitor its activities in return for relief from international sanctions. The deal set a limit on the number of uranium-enriching centrifuges, and restricted its right to enrich uranium to no higher than 3.67 percent, well below weapons-grade levels of around 90 percent.
It also called on Iran to export enriched uranium and heavy water to ensure the country's reserves would stay within the production ceiling set by the agreement, yet recent US restrictions have made such exports virtually impossible.

Copyright Agence France-Presse, 2019

Comments

Comments are closed.