FOR IMMEDIATE RELEASE: Wednesday, September 4, 2019
CONTACT: Mana Mostatabi | 202.386.6325 x103 | [email protected]
WASHINGTON DC – Today, Iranian President Hassan Rouhani warned that Iran would reduce compliance with the Iran nuclear deal, known formally as the Joint Comprehensive Plan of Action (JCPOA), this Friday. This is the third time Iran has taken such steps since the Trump Administration abrogated the agreement last year. The latest declaration comes ahead of the deadline set by Iran for Europe to uphold sanctions lifting obligations in exchange for Iran’s continued compliance with the nuclear accord.
Simultaneously, French President Emmanuel Macron is leading an effort to offer Iran a bailout package in exchange for returning to full compliance with the deal. The proposal includes a $15 billion credit line to offset oil revenue lost under U.S. sanctions, but its payout requires a commitment from the U.S. not to block the funds.
In response to these latest developments, NIAC President Jamal Abdi issued the following statement:
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“Iran’s announcement is a predictable consequence of the Trump administration seemingly closing off every opportunity to resolve the Iran standoff diplomatically. A U.S. failure to pivot from maximum pressure to the diplomatic opportunities initiated by France and other American allies ensures a continued cycle of escalation that could quickly spin out of control.
“Iran’s decision to stop abiding by further JCPOA restrictions risks playing into the escalation trap set by John Bolton and other diplomatic spoilers. While France and other mediators have sought to mitigate U.S.-Iran tensions and safeguard the JCPOA, Bolton and other administration hawks are furiously attempting to fuel the flames of hostility.
“Importantly, Iran’s actions on the JCPOA are reversible and it has indicated its readiness to return to full compliance with the deal if parties to the accord provide Iran with sanctions relief. The current French proposal to establish a $15 billion credit line for Iran stands to achieve this, but only if President Trump allows it to materialize.
“The ball is in the President’s court. He has the option to de-escalate the dangerous tensions with Iran and move the two countries off the path to war. But only if he shifts away from counterproductive “maximum pressure” and towards practical actions that build the confidence necessary for successful diplomacy.”