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Iranian negotiator: based on agreements so far, US sanctions on oil, banks will be lifted

Iran’s chief nuclear negotiator said on Saturday that Tehran expects US sanctions against oil, banks and other sectors and against most individuals and institutions to be lifted based on agreements reached so far in the Vienna talks, Iranian state media reported.

Russia and Western European powers, meanwhile, have given contrasting accounts of the task ahead in the talks to bring Iran and the United States back in full compliance with the 201

5 nuclear deal, as negotiations have been suspended for six days.

“Sanctions … against Iran’s energy sector, which include oil and gas, or those for the automotive industry, financial, banking and port sanctions, must all be lifted on the basis of agreements reached so far,” Deputy Foreign Minister Abbas was quoted as saying. Arakchi told Iranian state media.

Arakchi did not say how the sanctions would be lifted, nor did he mention how Tehran would respond to Washington’s demands and return to its commitments to the deal.

“We will negotiate until the positions of the two countries converge and our requirements are met,” he said. “If they are met, there will be an agreement, if not, of course there will be no agreement.”

The US State Department has no immediate comment on Araqchi’s remarks.

President Joe Biden is trying to return to the deal after Washington withdrew in 2018 under then-President Donald Trump and re-imposed sanctions on Tehran. Since 2019, Iran has responded by violating many of the restrictions of the deal on its nuclear activities.

Negotiations began last month in Vienna with the other countries in the deal – Iran, Russia, China, France, Britain and Germany – which met in the basement of a luxury hotel and the United States, based in another hotel across the street. Iran has refused to hold direct meetings with US officials.

“We have a lot of work to do and little time left. Against this background, we would hope for more progress this week,” senior diplomats from the so-called Nar said in a statement. E3 – France, Great Britain and Germany.

Officials said they hope to reach an agreement by May 21st, when the agreement between Tehran and the UN nuclear supervisory authority to continue monitoring some Iranian nuclear activities should expire. Read more

“We have not yet reached an understanding on the most critical points. Success is by no means guaranteed, but not impossible,” they added.


US National Security Adviser Jake Sullivan said Friday that the talks are in a “vague place”, meaning it is uncertain whether they will lead to an agreement. Read more

“We should not expect breakthroughs in the coming days,” Russia’s ambassador to the UN nuclear watchdog, Mikhail Ulyanov, told reporters after a meeting of the other countries that ended the third round of talks, adding that talks would meet on Friday.

“We just have to continue the diplomatic daily work and we have every reason to expect that the result (the final result) will be successful and will come very soon, in a few weeks,” said Ulyanov, who is one of the most optimistic voices in the talks.

Interruptions in the talks were widely expected as diplomats said officials from several countries were also attending a meeting of the group of seven foreign ministers in London, which begins on Monday and ends on Wednesday.

In his speech, Arakchi said, “There are individuals and institutions that have been specifically sanctioned and their (US) list is long. Talks on the list are still ongoing.” He added that as agreed so far, more than the majority of the list would be lifted.

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