FILE PHOTO – Iran’s high nuclear negotiator Abbas Araqchi attends a gathering of the JCPOA Joint Fee in Vienna, Austria, June 28, 2019. REUTERS/Leonhard Foeger
DUBAI (Reuters) – A senior Iranian official confirmed on Wednesday that Tehran would return to its nuclear deal dedication provided that it received $15 billion for oil gross sales over 4 months, as stipulated in a draft French plan to salvage the accord, the Fars information company mentioned.
France has proposed providing Iran about $15 billion in credit score strains till year-end if Tehran comes totally again into compliance with its 2015 nuclear deal, a transfer that hinges on Washington not blocking it.
“Our return to the complete implementation of the nuclear accord is topic to the receipt of $15 billion over a four-month interval, in any other case the method of lowering Iran’s commitments will proceed,” Fars quoted Deputy Overseas Minister Abbas Araqchi as saying.
“Both Europe has to purchase oil from Iran or present Iran with the equal of promoting oil as a credit score line assured by Iran’s oil revenues, which in some sense means a pre-sale of oil,” Araqchi added.
Iran’s very important oil gross sales have plummeted since the USA withdrew from the nuclear deal final 12 months and reimposed sanctions on Tehran.
However Araqchi mentioned there have been nonetheless “critical disagreements on the agenda” of any future talks between Iran and its nuclear deal companions.
Reporting by Dubai newsroom; Enhancing by Muralikumar Anantharaman and Clarence Fernandez