Iran calls on world to stand up to Trump - Reuters

Joshua Gibson FXStreet

As reported by Reuters, the Iranian Foreign Minister, Mohammad Javad Zarif, was quoted by state media as urging his counterparts in a letter to stand up against the US President's "bullying behavior" as Iran and other countries scrape together a save of the Iranian nuclear deal.

In a letter from Iranian Foreign Minister Mohammad Javad Zarif to his counterparts last week, he asked “the remaining signatories and other trade partners” to “make up for Iran’s losses” caused by the U.S. exit, if they sought to save the deal.

“The JCPOA (nuclear deal) does not belong to its signatories, so one party can reject it based on domestic policies or political differences with a former ruling administration,” Zarif was quoted as saying in the letter, parts of which were published by the state news agency IRNA on Sunday.

He said U.S. “illegal withdrawal” from the deal and its “bullying methods to bring other governments in line” with that decision have discredited the rule of law in international arena.

Iran’s top leader Ayatollah Ali Khamenei has set out a series of conditions on for European powers if they want Tehran to stay in the nuclear deal, including steps to safeguard trade with Tehran and guarantee Iranian oil sales.

- Reuters

Author

Joshua Gibson

FXStreet

Joshua joins the FXStreet team as an Economics and Finance double major from Vancouver Island University with twelve years' experience as an independent trader focusing on technical analysis.

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