EU’s Package to Save JCPOA “Sensible” at Macro Level: Iran

Iran’s top lawmaker Ali Larijani says a package developed by the European Union as part of its efforts to salvage the 2015 nuclear deal is “sensible” at the macro level, signaling Iran’s willingness to keep up fulfilling its JCPOA obligations.

Speaking during his trip to the Qom Province on Thursday, Larijani said the offers are currently being codified by Europeans.

“During the negotiations, Europeans made offers on [facilitating Iran’s] oil sale, organize banking affairs and [settling] export issues. It was decided that they pass rules and regulations in the EU that facilitate trade with Iran,” ISNA quoted him as saying.

“At the macro level, Europeans’ offers were sensible and they need to be detailed and turned into executive instructions,” he said, adding that talks are underway between Iran’s Foreign Ministry and the European sides.

Larijani said Iran will make up its mind about JCPOA after the outcomes of the talks were determined.

Following the US’ withdrawal from the nuclear deal early May, Iran announced its continued commitment to the deal is conditional on EU’s binding guarantees assuring Tehran its interests will be served if it remains in the deal.

The package has been drafted by France, the UK and Germany, the three European parties to the 2015 nuclear accord.

According to the plan, the European Investment Bank is obliged to support European firms willing to enter Iranian markets.

Iranian President Hassan Rouhani discussed the package with European officials during his visit to Switzerland and Austria earlier this month.

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