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Thursday, April 28, 2016

US will be Forced to Meet JCPOA Commitments

Thu, 28 Apr 2016 12:51:06 GMT
Service: Iran

US will be forced to meet JCPOA commitments: Larijani

Iran’s Parliament Speaker Ali Larijani says the US has to to meet its obligations under a nuclear deal despite failing to honor them by keeping Tehran locked out of the international financial system.

"The Westerners are not trustworthy, but if they don't fulfill their commitments, we will force them to implement them by our own means," he told a forum in Tehran Wednesday, according to

He said the US is seeking to hinder foreign investment in Iran, but suggested that certain attempts are also being undertaken inside the country to discourage foreign investment. “We should calm the atmosphere to attract investment.”

Iranian officials have recently complained about continued hostility by the US toward the Islamic Republic even after the implementation in January of the nuclear agreement, dubbed the Joint Comprehensive Plan of Action (JCPOA).

On Wednesday, Iran’s President Hassan Rouhani said a US court ruling that authorized the deduction of around USD two billion in frozen Iranian assets amounts to “obvious theft” and “a big legal scandal” for the US.

On April 20, the US Supreme Court ruled that about USD 2 billion in frozen Iranian assets must be turned over to the American families of people killed in the 1983 bombing of a US Marine Corps barracks in Beirut and other attacks blamed on Iran. The Islamic Republic has denied any role in the attack.

Iran has denied any role in the attack, and the money confiscated under the US court ruling belongs to the Central Bank of Iran (CBI). The assets have been blocked under US sanctions.

President Rouhani said the US government will inevitably “suffer the consequences” of the move, adding, “Undoubtedly, the move is blatant aggression and hostility against the Iranian nation on the part of the America.”

During a Tuesday session, the Iranian Cabinet tasked a working group, led by Minister of Economy and Finance Ali Tayyeb-Niya, with following up on the issue. Iranian Foreign Minister Mohammad Javad Zarif, Intelligence Minister Mahmoud Alavi, Justice Minister Mostafa Pour-Mohammadi and Governor of the Central Bank of Iran (CBI) Valiollah Seif are other members of the group.

Iran and the five permanent members of the UN Security Council — the United States, France, Britain, China and Russia — plus Germany started implementing the JCPOA on January 16. The two sides signed the agreement on July 14, 2015 after some two years of intensive talks.

Under the JCPOA, all nuclear-related sanctions imposed on Iran by the European Union, the Security Council and the US would be lifted. Iran has, in return, put some limitations on its nuclear activities.

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