TEHRAN: Iran said Saturday that attempting to revive its landmark nuclear deal with world powers that was effectively scrapped by former US president Donald Trump was increasingly “useless.”
“Today, the more we advance, the more the JCPOA becomes useless,” Foreign Minister Hossein Amir-Abdollahian said in a speech to students at the University of Tehran, using the initials of the official name of the nuclear deal.
In 2015, Iran agreed to curbs on its nuclear program in exchange for a lifting of sanctions.
But while the deal was signed with several world powers — including China, Russia, Britain, France and Germany — it was rendered effectively useless when the United States unilaterally withdrew under Trump in 2018.
With the US reimposing sanctions, international banks and businesses have stayed away from Iran for fear of falling foul of US regulators.
Tentative efforts to revive the deal by Trump’s successor, Joe Biden, have been at a standstill since mid-2022.
“Because (Iran’s) red lines have sometimes been ignored by the other side, we are not currently on the path to return to the agreement,” Amir-Abdollahian said.
“Of course, this does not mean that we have set the agreement aside. If the agreement serves our interests, (we will accept it) with all its flaws,” he added.
The director general of the International Atomic Energy Agency (IAEA), Rafael Grossi, called in October on the international community not to fail in Iran as it did in North Korea, which now has nuclear weapons.
Iran says its nuclear program is entirely peaceful, but since 2021 the UN body has struggled to monitor the development of its capabilities.
Iran says reviving nuclear deal ‘useless’
https://arab.news/bb727
Iran says reviving nuclear deal ‘useless’
- “Today, the more we advance, the more the JCPOA becomes useless,” Foreign Minister Hossein Amir-Abdollahian said
- “We are not currently on the path to return to the agreement”
Algeria inaugurates strategic railway to giant Sahara mine
- The mine is expected to produce 4 million tons per year during the initial phase, with production projected to triple to 12 million tons per year by 2030
- The project is financed by the Algerian state and partly built by a Chinese consortium
ALGEIRS: Algerian President Abdelmadjid Tebboune on Sunday inaugurated a nearly 1,000-kilometer (621-mile) desert railway to transport iron ore from a giant mine, a project he called one of the biggest in the country’s history.
The line will bring iron ore from the Gara Djebilet deposit in the south to the city of Bechar located 950 kilometers north, to be taken to a steel production plant near Oran further north.
The project is financed by the Algerian state and partly built by a Chinese consortium.
During the inauguration, Tebboune described it as “one of the largest strategic projects in the history of independent Algeria.”
This project aims to increase Algeria’s iron ore extraction capacity, as the country aspires to become one of Africa’s leading steel producers.
The iron ore deposit is also seen as a key driver of Algeria’s economic diversification as it seeks to reduce its reliance on hydrocarbons, according to experts.
President Tebboune attended an inauguration ceremony in Bechar, welcoming the first passenger train from Tindouf in southern Algeria and sending toward the north a first charge of iron ore, according to footage broadcast on national television.
The mine is expected to produce 4 million tons per year during the initial phase, with production projected to triple to 12 million tons per year by 2030, according to estimates by the state-owned Feraal Group, which manages the site.
It is then expected to reach 50 million tons per year in the long term, it said.
The start of operations at the mine will allow Algeria to drastically reduce its iron ore imports and save $1.2 billion per year, according to Algerian media.
