Sunday, 21 October, 2018

Iran Files Lawsuit against USA over Unilateral Sanctions

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Deanna Wagner | 19 July, 2018, 07:58

However, a day later, the Iranian embassy issued a statement, clarifying that Tehran will do its best to ensure security of oil supply to India. "I'm very confident they understand".

While foreign secretary Vijay Gokhale led the Indian delegation, the Iranian side was headed by deputy foreign minister Seyyed Abbas Araghchi. He has increased designations of Iranian officials and entities under terror-related executive orders and United States officials says he is in favor of designating the Iranian Revolutionary Guards Corps, a powerful arm of the military, as a foreign terrorist organization. The issue figured during 15th round of Foreign Office Consultations between the two countries during which a host of other issues including implementation of Chabahar port project also figured, official sources said.

The United States vowed to fight what it called a "baseless" lawsuit.

"Views were (also) exchanged on regional and worldwide issues of mutual interest, including the efforts being made by various parties to address issues that have arisen over the Joint Comprehensive Plan of Action", an MEA statement said.

"Today, the European Council has endorsed the update of the blocking statute annex on the nuclear deal with Iran", Mogherini told reporters in Brussels at a meeting with EU foreign ministers.

Zarif did not elaborate but Iranian officials have repeatedly accused the US of imposing illegal sanctions on Iran after pulling out of the nuclear deal as well as breaching the deal before the pullout.

Mnuchin said Washington had made clear to allies that it expects them to enforce the sanctions against Iran "but if there are specific situations we're open to listening".

In today's meeting, India told the Iranian side that it was yet to take a call on complying with the United States sanctions.

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Mr Kumar said that "For India, Iran is an important partner for energy and connectivity".

Some say Tehran could be seeking better relations with the USA for the purposes of regime protection. The value of imports was almost double the 2016 figure.

In May, US President Donald Trump announced that he would pull America out of a 2015 nuclear agreement with Iran and re-impose the sanctions that the deal had envisaged to be lifted.

Under the agreement, Iran agreed to eliminate its stockpile of medium-enriched uranium, cut its stockpile of low-enriched uranium by 98 per cent and reduce by about two-thirds the number of its gas centrifuges for 13 years.

But the accord's future is in doubt after the Trump administration's decision to abandon it.

Iranian oil exports - they are the world's sixth largest - have been of particular importance to global market stability.

Washington will move forward with imposing fresh sanctions on corporations operating in Iran, starting as early as next month, despite a European request to hold off, the Financial Times reported on Monday.