Trump Withdraws US From Iran Nuclear Deal, To Impose 'Highest Level Of Economic Sanction'

News World India | 0
| May 9 , 2018 , 09:16 IST

US President Donald Trump in a significant move on Tuesday, withdrew the United States from the Iran nuclear deal signed by his predecessor Barack Obama, and announced that the US will be imposing 'highest' level of economic sanctions on Iran, as well as any nation trading with it.  

Trump specified that he is willing to renegotiate a nuclear deal that would definitively end Iran's pursuit of nuclear weapons.

"I am announcing today that the United States will withdraw from the Iran nuclear deal," Trump said in a televised address from the White House.

"This was a horrible one-sided deal that should have never, ever been made. It didn't bring calm, it didn't bring peace, and it never will. We cannot prevent an Iran nuclear bomb under the decaying and rotting structure of this agreement," he said.

''If I allow this deal to stay, it will set off a nuclear arms race in the middle east. If the deal cannot be fixed, the US could no longer be a party to it,'' Trump said

"We will be instituting the highest level of economic sanction. Any nation that helps Iran in its quest for nuclear weapons could also be strongly sanctioned by the United States. America will not be held hostage to nuclear blackmail," the US president said.

"At the heart of the Iran deal was a giant fiction: that a murderous regime desired only a peaceful nuclear energy program. Today, we have definitive proof that this Iranian promise was a lie," he said.

''Today’s action sends a critical message. US never makes empty threats…when I make promises I keep them,'' Trump warned.

"Finally, I want to deliver a message to the long-suffering people of Iran. The people of America stand with you," he said.

Other signatories to the Iran nuclear deal of 2015, France, Germany and the UK expressed regret over the decision made by the US, while Israel's Prime Minister Benjamin Netanyahu expressed full support for the "bold" withdrawal.

The Joint Comprehensive Plan of Action (JCPOA) Iran nuclear deal was signed in 2015 between Iran and the five permanent members of the UN Security Council - the US, UK, France, China, and Russia - plus Germany.

According to the deal, Iran would limit the size of its stockpile of enriched uranium for 15 years and the number of centrifuges installed to enrich uranium for 10 years, in return, the UN, US and European Union would lift their sanctions that had crippled Iran's economy.

The goal of the Iran nuclear deal was to provide sufficient uranium for energy generation and other uses, but not enough that could be used in nuclear weapons. Trump accused Iran of continuing its nuclear armament profusion and was against the timeline granted to Iran under the deal.  

View the full address of US President Donald Trump on the Iran nuclear deal below: