Trump Does Not Rule Out Easing Sanctions On Iran
Umer Jamshaid 10 days ago Wed 11th September 2019 | 11:30 PM
The Joint Comprehensive Plan of Action (JCPOA), signed in 2015 by Iran, China, France, Germany, Russia, the United Kingdom, the United States, Germany and the European Union, required Iran to scale back its nuclear program and severely downgrade its uranium reserves in exchange for sanctions relief.
On May 8, 2018, US President Donald Trump unilaterally withdrew his country from the deal and began reimposing economic sanctions on Iran. Exactly a year later, Tehran said it would begin reducing its commitments under the JCPOA after 60 days unless the Western signatories took steps to offset the impact of the US sanctions. The Islamic Republic subsequently began scaling back its obligations under the accord every 60 days.