(MENAFN- Trend News Agency) BAKU, Azerbaijan, February 17. Restoring the
Joint Comprehensive Plan of Action (JCPOA) is crucial for Iran,
said Iranian analyst on international affairs Reza Nasri, Trend reports.
Nasri warned that if the current situation continues in this
form, other western countries participating in JCPOA (the UK,
France and Germany) may also abandon the deal before UN Security
Council resolution No. 2231 expires in October 2025, and resume the
pre-JCPOA sanctions regime, which includes six UN Security Council
resolutions against Iran.
The expert also said that in this scenario, the new US
administration will exploit the Security Council's sanctions
resolutions to block Iran's oil exports to China by using domestic
legal measures, and to intensify the pressure on Iran.
On January 16, 2016, Iran's nuclear program triggered the
creation of the JCPOA between Iran and the P5+1 group (US, Russia,
China, UK, France, and Germany).
However, on May 8, 2018, the US announced its withdrawal from
the Joint Comprehensive Plan of Action (JCPOA) between Iran and the
5+1 group (Russia, China, the UK, France, the US, and Germany) and
imposed new sanctions against Iran as of November 2018.
Over the past period, the sanctions have affected Iranian oil
exports and more than 700 banks, companies, and individuals. The
sanctions have resulted in the freezing of Iranian assets
abroad.
In late 2020, the Iranian parliament decided to implement a
strategic plan to tackle the sanctions, citing the
non-implementation of the Joint Comprehensive Plan of Action
(JCPOA) signed between Iran and six countries and the imposition of
sanctions on Iran.
According to the decision of the Iranian parliament, as of
February 23, Iran suspended the implementation of additional steps
and an additional protocol provided for in the nuclear deal. As a
result, the control mechanism of the IAEA decreased by 20–30
percent.
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