US EditionIran Is Facing ‘Snapback’ Sanctions over Its Nuclear Program. Here’s What that Means
The E3 nations allege Iran breached the nuclear deal, triggering UN sanctions including arms embargoes and asset freezes to pressure Tehran to comply, reimposing measures after 10 years.
- Under the JCPOA's 'snapback', Britain, France and Germany triggered the process, restoring UN sanctions at the end of Saturday, Iran's Foreign Minister Abbas Araghchi said.
- Araghchi noted that the E3 triggered the UN sanctions' 'snapback' at the end of Saturday, citing an Egypt-mediated agreement with the IAEA earlier this month.
- The reinstated measures include an embargo on conventional weapons banning any sale or transfer to Iran, while sanctions target designated companies, organisations and individuals with travel bans, asset freezes, and banking and financial facility restrictions on nuclear- and ballistic-related parts and technologies.
- Abbas Araghchi condemned the three European countries' move as unlawful and politically destructive, warning Iran may deem its commitments nullified and that consequences would be grave.
- Enforcement faces uncertainty because Russia and China may not comply, and Clement Therme said, `There is a cost to circumventing sanctions, a political cost, but also a financial and economic cost.
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PressNewsAgencyUN sanctions set to be reimposed on Iran on Saturday
United Nations sanctions are set to be reimposed on Iran later on Saturday over accusations the country has violated a 2015 deal with world powers that aimed to stop it developing a nuclear bomb.
What is ‘snapback’? European nations’ Iran sanctions move explained
VIENNA, Sept 27 — Ten years after wide-ranging UN sanctions on Iran over its nuclear programme were lifted under a landmark deal with world powers, the economic measures are likely to be reimposed today evening.The so-called “snapback” of UN sanctions comes after the “E3” European group — comprising Britain, France and Germany — activated the unique mechanism in the 2015 nuclear deal, alleging Tehran was not meeting its obligations.Western power…
Iran nuclear programme: What are ‘snapback’ sanctions that UN is reimposing?
UN sanctions on Iran over its nuclear programme will be reimposed on Sunday (September 28), further raising tensions between Tehran and the West. This comes after the Islamic Republic’s diplomatic push to halt the sanctions failed. Last month, the UK, Germany and France triggered a ‘snapback’ process. But what is it?
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