Europe, Iran seek to save nuclear deal after USA pullout

U.S. President Donald Trump speaks after announcing his intent to withdraw from the JCPOA Iran nuclear agreement in the Diplomatic Room at the White House in Washington U.S

Part of the flaw with the Iran deal that President Donald Trump rejected was it enticed Europe and the USA into economic relations with Iran that would work against holding the country accountable for violations of the agreement, Bolton said. They had the impression, they said, that Iran wants to remain in the deal so long as the government can show benefits to the population, and of course to avoid a more open confrontation with Washington.

"I want to stress we are under no illusion about the stuff Iran gets up to in the region, in the Middle East".

Iran has reacted furiously to the United States pulling out of the deal, with supreme leader Ayatollah Ali Khamenei accusing Mr Trump of threatening its government and its people. He could then gradually add more as a way to pressure Iran to return to the negotiating table for talks over modifying the JCPOA and negotiating additional agreements covering Iran's missile program and its regional activities.

Mr Trump has announced his intent to withdraw from the Iran nuclear agreement
Image Mr Trump wants further sanctions imposed on Iran

Even if Pompeo is successful in getting the European members of the deal and the United States back on the same page, there is no reason to believe that Iran (which successfully recouped funds that were frozen under the sanctions regimen, has the Europeans anxious to preserve the deal and has China and Russian Federation on its side) will give up more than it did before.

The U.S. pulled out of the pact last week and promised to impose tough economic sanctions on Iran. But in an interview aired on the ABC programme This Week, Bolton said, "That's not the policy of the administration".

Boris Johnson has called on Iran to stick to its nuclear agreement with the UK, France and Germany in a bid to protect companies fearful of being penalised for doing business there.

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European diplomats acknowledged that the EU support, however honest, risked looking hollow after Trump last week reimposed an array of wide sanctions on the Islamic Republic that will hit European companies investing in Iran.

France insists that while European Union nations are willing to discuss issues including Iran's ballistic missile program and its destabilizing role in the Middle East, the nuclear deal must stand.

He said: "What we are going to do tomorrow in Brussels is we are going to have a conversation about what we can do to help United Kingdom firms, European firms have some confidence that they can still do business".

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But the reach of the US financial system, the dominance of the USA dollar, Trump's efforts to weaken the WTO and the presence of European companies' operations in the United States all weaken any potential EU measures.

"The Europeans have repeated on several occasions that they will not be able to resist USA sanctions". "We will try to uphold our side of the bargain".

Among them is the possible use of an EU "blocking regulation" which would, in essence, ban European companies from respecting American sanctions when the sanctions might damage EU interests, notably trade and the movement of capital.

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"We could have pushed the Europeans a lot harder, to work with us", Gates said on "Face the Nation". So, the rationale for getting out of the deal is that it was contrary to American national security interests when we entered into it, and it hadn't gotten any better with age.

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