Iran Press/Iran news: "The Europeans are slow in implementing their undertakings under the nuclear deal. We will not wait for them long unless they take practical steps," Iranian Foreign Minister Mohammad Javad Zarif said in an interview with the Arabic-language al-Mayadeen news channel on Monday.
Zarif warned that Iran is not handcuffed in dealing with the situation, saying: "Tehran has multiple options on the table which could be brought into action if Europeans' promising words are not interpreted into action soon."
"We have several options after the US retreat from the nuclear deal and we will take them once our national interests make it necessary," Iranian Foreign Minister added.
On Nov. 19, European Union Foreign Policy Chief Federica Mogherini said work is continuing on the special purpose vehicle (SPV) aimed at facilitating trade with Iran following the re imposition of US sanctions on the country, but gave no specific date as to when it is going to be implemented.
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Work continues on SPV: Mogherini
Despite US President Donald Trump's hostile policy towards the Joint Comprehensive Plan of Action (JCPOA), the head of the European Commission Jean-Claude Juncker said on October 6, that the EU should remain strong on its' commitment to the historic Iran nuclear deal.
The special purpose vehicle (SPV) is part of the EU’s efforts to encourage Iran to remain in the nuclear deal following the unilateral withdrawal of the US back in May, by offering an alternative payment channel to keep trade flowing with Iran in defiance of US sanctions. 105/201
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