Published: Wed, June 06, 2018
Worldwide | By Victor Meyer

Iran Gives Notice Of Uranium-Enrichment Intentions

Iran Gives Notice Of Uranium-Enrichment Intentions

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The International Atomic Energy Agency (IAEA) is best-known for its work in Iran, where it is policing the restrictions placed on the country's nuclear activities under the 2015 deal with major powers that Trump pulled out of last month.

Iran's Supreme Leader Ayatollah Ali Khamenei had ordered the increase in a speech Monday, in which he vowed that the country would preserve its nuclear program despite the US withdrawal from the landmark 2015 accord.

Iran insists it has the option of resuming industrial-scale enrichment following the U.S. exit from the deal.

Under the 2015 nuclear deal, Iran stopped enriching uranium to the 20 percent level that would allow for rapid development of a nuclear weapon and agreed to a limit of under 5 percent.

Shortly after Mr Khamenei's speech, French carmaker PSA announced that it was pulling out of two joint ventures to sell its cars in Iran to avoid risking United States sanctions.

Netanyahu will hold talks with Macron in Paris following his visit to Berlin, focusing on the worldwide nuclear deal with Iran as well as how to push Iranian forces out of Syria. The JCPOA allows Iran to pursue a peaceful nuclear program for commercial, medical and industrial purposes in line with worldwide non-proliferation standards. He also said Iran could no longer have any dealings with the US.

The other signatories to the accord - Britain, France, Russia, China, and Germany - said they remain committed to the deal.

More news: Donald Trump to meet Kim Jong Un on June 12

Iran denies it has ever sought nuclear weapons, which require uranium enriched to 90 per cent.

US Pentagon agents believe any such move could put the Middle Eastern nation on the path to obtaining a nuke. In exchange, the other signatories lifted crippling sanctions on the country, which are estimated to have cost the country some $500 billion by the time they were removed.

Israeli Prime Minister Benjamin Netanyahu meets with French leaders Tuesday in Paris as he continues efforts to persuade European leaders to alter the worldwide nuclear agreement with Iran.

In a letter from Iranian Foreign Minister Mohammad Javad Zarif to his counterparts last week, he asked "the remaining signatories and other trade partners" to "make up for Iran's losses" caused by the United States exit, if they sought to save the deal. Kamalvandi has said Iran is preparing to expand its uranium enrichment capacity.

Speaking to media on Tuesday, Israeli Intelligence Minister Yisrael Katz claimed that Iran had once been running an "unsupervised" enrichment scheme with the potential of arming the country with nuclear weapons.

Iran's Shahab 3 missiles can reportedly travel 2,000 kilometers and potentially reach southern Europe, with Iran saying the range may be increased if its security is jeopardized.

As EU businesses face retaliation from the USA for doing business with Iran, many are opting to avoid Iran.

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