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Russia backs down on demands in Iran nuclear deal talks, making revival of 2015 pact imminent

2022-03-19 10:02:40       source:CNBC

March 18, 2022


Russia has walked back its threat to torpedo the revival of the 2015 Iranian nuclear deal over recent sanctions imposed over its invasion of Ukraine, reopening the way to an agreement after nearly a year of talks. 


The parties involved in the pact, formally known as the Joint Comprehensive Plan of Action, or JCPOA, were reportedly close to reaching a deal in Vienna until the U.S. and EU imposed sweeping sanctions on Russia over its invasion of Ukraine. Moscow then demanded that future trade with Iran not be impacted by Western sanctions, prompting the talks to be suspended last week. 


Russian Foreign Minister Sergei Lavrov said Tuesday that he had "received written guarantees" from the U.S. that its demands would be met, meaning the talks will likely proceed. The nearly simultaneous release of British-Iranian dual nationals from years of Iranian detention back to the U.K. and a reported U.K. repayment of a decades-old $530 million debt to Iran have improved prospects for an agreement.      


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https://www.cnbc.com/2022/03/18/russia-backs-down-on-demands-in-iran-nuclear-deal-talks-making-revival-of-2015-pact-imminent.html