Iftar Timings Mar 28 - Ramazan 17

Lahore
LHR
06:20 PM
Karachi
KHI
06:46 PM
Islamabad
ISB
06:26 PM
Peshawar
PWR
06:30 PM
Quetta
QTA
06:49 PM

News

Iran details plan to verify US lifting of sanctions

April 9, 2021 05:52 PM


Iran plans to verify whether the US is actually lifting sanctions through oil exports and via international banking transactions, a member of Tehran's negotiating team said in an interview published Friday.

The team has been holding talks in Vienna with representatives of the other parties to a 2015 nuclear accord on how to reintegrate Washington into the deal and to end crippling sanctions and Iran's countermeasures.

US President Joe Biden has said he is ready to reverse the 2018 decision of his predecessor Donald Trump to withdraw from the agreement and reimpose unilateral sanctions.

Tehran's official position, announced by supreme leader Ayatollah Ali Khamenei, is to fall back in line with obligations it suspended only after verifying that "all sanctions" are "truly lifted".

"Verification means that, for instance, the Islamic republic must be able to sign its oil contracts and export it and bring in its revenues via banking channels or consider other uses for it," said Kazem Gharibabadi, Iran's ambassador to the UN's nuclear watchdog and a delegation member.

"Or, in the banking sector, (Iran must) be able to conduct its financial transactions using different financial channels," he said, quoted by Khamenei's official website.

Gharibabadi stressed it was "the only way we can make sure that sanctions have been lifted in action" and not only "on paper".

Iran demands the lifting of all US sanctions, including those reimposed by Trump, "new sanctions" by the administration, and "sanctions imposed using non-nuclear excuses", he said.

Trump blacklisted dozens of Iranian entities in addition to blocking Iran's oil exports and virtually all banking ties -- sanctions that had been lifted in 2016 under the accord curbing its nuclear programme.

According to Gharibabadi, Iran is exploring options in the Vienna talks to prevent a potential repeat of what happened in 2018.

"It is being discussed what should be done regarding Iran's technical commitments, and how they be carried out, in case a party reneges on their promise."



Most Read

  1. Aitchison College principal resigns over differences with Punjab governor Aitchison College principal resigns over differences with Punjab governor
  2. Aitchison College students, parents stage protest against principal’s resignation Aitchison College students, parents stage protest against principal’s resignation
  3. Tribal firefight in Gotki, Motorways section shut down Tribal firefight in Gotki, Motorways section shut down
  4. Five Chinese among six killed in Shangla suicide bombing Five Chinese among six killed in Shangla suicide bombing
  5. Transferred: Lawman bears the brunt of flagging down lawmaker Transferred: Lawman bears the brunt of flagging down lawmaker
  6. Maaz Safder regrets 4-year relationship with wife Saba Maaz Safder regrets 4-year relationship with wife Saba

Opinion

  1. IMEC to sabotage CPEC
    IMEC to sabotage CPEC

    By Dr Asif Channer

  2. 1947 TO FORM 47
    1947 TO FORM 47

    By Dr Asif Channer

  3. Beijing wants to further highlight industrial sector in its country and take scientific innovation to new heights....
    Beijing wants to further highlight industrial sector in its country and take scientific innovation to new heights....

    By Ali Ramay

  4. Global race: China will reduce its unnecessary expenses
    Global race: China will reduce its unnecessary expenses

    By Ali Ramay

  5. Channer Pir: The Great Saint of Cholistan
    Channer Pir: The Great Saint of Cholistan

    By Dr Asif Channer

  6. Literate the Religious Illiterate
    Literate the Religious Illiterate

    By Dr Asif Channer