Iran Press/ Asia: "We agreed on the importance of maintaining the JCPOA and preserving the economic benefits for Iran arising from sanctions-lifting under the Agreement," the statement issued following the Turkey-EU High Level Political Dialogue Meeting in Ankara read, according to Daily Sabah.
Also known informally as Iran nuclear deal, JCPOA was seen as a great step toward ensuring peace and stability in the Middle East when the P5+1 countries – the US, the U.K., France, China, Russia and Germany – along with the EU agreed to relieve sanctions imposed on Iran on the condition that the country curb its nuclear capacity.
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After nearly three years, US President Donald Trump announced on May 8 that his country would withdraw from the agreement, which took effect during the term of his predecessor Barack Obama.
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The US's allies across the Atlantic – Germany, France and the UK– criticized Trump's decision and they have been working on a special purpose vehicle (SPV) to facilitate the payments for the EU-Iran trade.
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