11:58 GMT27 February 2020
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    Earlier on Sunday, Iranian Foreign Ministry spokesman Abbas Mousavi told the IRIB broadcaster that the third step of discontinuing Iran's commitments under JCPOA is developed and ready, and it will be harsher than the previous steps.

    TEHRAN (Sputnik) - Tehran is ready to stop discontinuing its obligations from the Joint Comprehensive Plan of Action (JCPOA) if European countries fulfil their part of the agreement, Iranian Foreign Minister Mohammad Javad Zarif said Sunday.

    "In case Europe takes measures to implement [its part of] the Joint Comprehensive Plan of Action, there is a probability of Iran moving away from proceeding to the 3rd round," Zarif said, as cited by the IRNA news agency.

    On Saturday, Iranian President Hassan Rouhani informed French President Emmanuel Macron that Tehran would launch the third stage in reducing its obligations under the nuclear deal if Europe fails to fulfil its commitments, adding, however, that this step would be reversible.  

    Tehran scraps part of JCPOA obligations every 60 days citing the failure of remaining JCPOA signatories to ensure its interests after the United States left the deal. The next deadline is on Thursday, 5 September.

    In this Saturday, Feb. 3, 2007 photo, an Iranian technician walks through the Uranium Conversion Facility just outside the city of Isfahan 255 miles (410 kilometers) south of the capital Tehran, Iran
    © AP Photo / Vahid Salemi
    In this Saturday, Feb. 3, 2007 photo, an Iranian technician walks through the Uranium Conversion Facility just outside the city of Isfahan 255 miles (410 kilometers) south of the capital Tehran, Iran

    Last year US President Donald Trump announced that his country would unilaterally withdraw the nuclear deal signed in 2015 and reimpose economic sanctions on Tehran. Later, Iran partially suspended its obligations under the deal and started to enrich uranium beyond the level outlined by the JCPOA.

    The United States' decision prompted France, Germany and the United Kingdom to create a joint mechanism for trade with Iran called INSTEX. Following a meeting of the Joint Commission of the JCPOA in June, the mechanism became operational and available to all EU member states. The trading instrument in its initial stage only covers the supply of medicines, medical equipment, and agricultural products, but Tehran also reportedly seeks to export oil.

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    Iran Nuclear Deal, nuclear deal, European Union, United States, Iran
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