US President Donald Trump has said that he will soon take a decision on whether or not to re-impose sanctions on Iran. The sanctions were lifted in 2015 under the landmark nuclear deal signed between the Islamic Republic and six world powers.
“You’ll be finding out very soon,” Trump told reporters in response to a question at the White House amidst reports that he is expected to take a decision as early as tomorrow to renew the waiver on US sanctions against Iran.
The nuclear deal between Iran and six world powers – the US, UK, Russia, France, China, and Germany calls upon Iran not to undertake any activity related to ballistic missiles designed to be capable of delivering nuclear weapons, including launches using such ballistic missile technology. The deal freed Iran from all nuclear-related economical sanctions, freeing up tens of billions of dollars in oil revenue and frozen assets.
In October 2017, Trump had declared that the agreement was “one of the worst and most one-sided transactions the United States has ever entered into”, and warned that within a few years Iran would be able to “sprint towards a rapid nuclear weapons breakout”.
He accused Iran of committing “multiple violations” and promised to work with Congress to “address the deal’s many serious flaws”.
Trump has already declared that he no longer considers the 2015 nuclear deal between Iran and six world powers to be in the United States’ national interest.
He, however, has continued to follow the example of his predecessor Barack Obama in regularly signing sanctions waivers so that US economic measures against Tehran do not “snap back.”
The deadlines for a number of these waivers to be renewed will fall over the coming week, and Trump is obliged to decide whether or not to maintain sanctions relief.
(With inputs from agencies)