November 29, 2019 | News | No Comments
Iran has announced that it would reduce its commitments in a phased manner to the nuclear deal, also known as JCPOA (The Joint Comprehensive Plan of Action).
It announced that it would invoke articles 26 and 36 of the JCPOA. As per those articles, it will not abide by limits for enriched uranium (LEU) and heavy water, but would still be within compliance limits of the JCPOA.
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This would be achieved by not exporting these (enriched uranium and heavy water). The move was seen as an attempt to get EU to deliver on its JCPOA commitments so that Iran gets some economic reprieve from the harsh US sanctions imposed last November and intensified this month when it didn’t extend sanctions waivers for import of Iranian oil with the aim of reducing its oil exports to near-zero.