AGL 40.00 Decreased By ▼ -0.16 (-0.4%)
AIRLINK 129.53 Decreased By ▼ -2.20 (-1.67%)
BOP 6.68 Decreased By ▼ -0.01 (-0.15%)
CNERGY 4.63 Increased By ▲ 0.16 (3.58%)
DCL 8.94 Increased By ▲ 0.12 (1.36%)
DFML 41.69 Increased By ▲ 1.08 (2.66%)
DGKC 83.77 Decreased By ▼ -0.31 (-0.37%)
FCCL 32.77 Increased By ▲ 0.43 (1.33%)
FFBL 75.47 Increased By ▲ 6.86 (10%)
FFL 11.47 Increased By ▲ 0.12 (1.06%)
HUBC 110.55 Decreased By ▼ -1.21 (-1.08%)
HUMNL 14.56 Increased By ▲ 0.25 (1.75%)
KEL 5.39 Increased By ▲ 0.17 (3.26%)
KOSM 8.40 Decreased By ▼ -0.58 (-6.46%)
MLCF 39.79 Increased By ▲ 0.36 (0.91%)
NBP 60.29 No Change ▼ 0.00 (0%)
OGDC 199.66 Increased By ▲ 4.72 (2.42%)
PAEL 26.65 Decreased By ▼ -0.04 (-0.15%)
PIBTL 7.66 Increased By ▲ 0.18 (2.41%)
PPL 157.92 Increased By ▲ 2.15 (1.38%)
PRL 26.73 Increased By ▲ 0.05 (0.19%)
PTC 18.46 Increased By ▲ 0.16 (0.87%)
SEARL 82.44 Decreased By ▼ -0.58 (-0.7%)
TELE 8.31 Increased By ▲ 0.08 (0.97%)
TOMCL 34.51 Decreased By ▼ -0.04 (-0.12%)
TPLP 9.06 Increased By ▲ 0.25 (2.84%)
TREET 17.47 Increased By ▲ 0.77 (4.61%)
TRG 61.32 Decreased By ▼ -1.13 (-1.81%)
UNITY 27.43 Decreased By ▼ -0.01 (-0.04%)
WTL 1.38 Increased By ▲ 0.10 (7.81%)
BR100 10,407 Increased By 220 (2.16%)
BR30 31,713 Increased By 377.1 (1.2%)
KSE100 97,328 Increased By 1781.9 (1.86%)
KSE30 30,192 Increased By 614.4 (2.08%)
World

Iran says US to lift oil sanctions, Germany cautious on matter

  • Iranian remarks, by outgoing President Hassan Rouhani's chief of staff, echo previous assertions by officials in Rouhani's camp
Published June 23, 2021

DUBAI/BERLIN: Iran said on Wednesday the United States had agreed to remove all sanctions on Iran's oil and shipping, although Germany cautioned that major issues remained at talks between Tehran and world powers to revive a 2015 nuclear deal.

The Iranian remarks, by outgoing President Hassan Rouhani's chief of staff, echoed previous assertions by officials in Rouhani's pragmatist camp that Washington is prepared to make major concessions at the talks, under way since April in Vienna.

The talks adjourned on Sunday for a break, two days after Iran held a presidential election won by Ebrahim Raisi, the Iranian judiciary chief who is on a US blacklist. Raisi is due to replace Rouhani in August.

"An agreement has been reached to remove all insurance, oil and shipping sanctions that were imposed by (former US President Donald) Trump," Rouhani's chief of staff Mahmoud Vaezi was quoted as saying by Iranian state media.

Like other western and Iranian negotiators who have said the talks remain a long way from conclusion, German Foreign Minister Heiko Maas said on Wednesday that Tehran and the powers still had to overcome significant hurdles.

"We are making progress but there are still some nuts to crack," Maas told a joint news conference with US Secretary of State Antony Blinken. Maas said a deal was possible even after the election of Raisi, an implacable critic of the West.

US National Security Adviser Jake Sullivan said on Sunday there was still "a fair distance to travel", including on sanctions and on the nuclear commitments that Iran has to make to salvage the tattered deal.

Iran agreed in 2015 to curbs on its uranium enrichment programme, a possible pathway to nuclear weapons, in return for the lifting of international sanctions. Trump abandoned the agreement three years later, calling it flawed to Iran's advantage, and reimposed harsh sanctions that hammered Iran's economy.

Tehran responded by violating some enrichment limits, while continuing to insist that it has no nuclear arms ambitions.

Iranian and Western officials alike say Raisi's ascendancy is unlikely to alter the Islamic Republic's negotiating position, as clerical Supreme Leader Ayatollah Ali Khamenei already has the final say on all major policy.

Vaezi said the United States had agreed to take some senior Iranian figures off a blacklist.

"About 1,040 Trump-era sanctions will be lifted under the agreement. It was also agreed to lift some sanctions on individuals and members of the supreme leader's inner circle."

US President Joe Biden's administration aims to restore the deal, but the sides disagree on which steps need to be taken and when to defuse mutual suspicions and ensure full compliance.

But some Iranian officials have suggested Tehran may prefer an agreement before Raisi takes office to give the new president a clean slate and avoid blame if problems subsequently arise.

Comments

Comments are closed.