SpaceWar.com - Your World At War
US won't waive sanctions to allow French-proposed Iran credit line
Washington, Sept 4 (AFP) Sep 04, 2019
A senior US official on Wednesday ruled out issuing waivers to Iran sanctions to permit a French-proposed credit line, which Tehran says could bring it back to full compliance with the nuclear deal.

"We can't make it any more clear that we are committed to this campaign of maximum pressure and we are not looking to grant any exceptions or waivers," Brian Hook, the State Department coordinator on Iran, told reporters.

He added, however, that he has not yet seen a "concrete" French proposal and could therefore not comment on the idea.

French President Emmanuel Macron has been seeking to ease soaring tensions by bringing some economic relief to Iran and last month appeared to draw President Donald Trump's interest when Macron said he hoped to arrange a summit between the US leader and his counterpart Hassan Rouhani.

Iran has been threatening to take new actions to curb its compliance with a 2015 denuclearization deal, from which Trump withdrew last year as he reimposed punishing sanctions.

Iran is upset that it did not reap greater dividends from compliance but said it would be satisfied if it receives $15 billion in credit, which it would pay back through future oil sales.

Hook was speaking to discuss the latest volley of US sanctions on Iran, which target a shipping network that the Treasury Department said has sold millions of barrels of oil to Syria, benefiting President Bashar al-Assad and Lebanese militants Hezbollah.

Hook noted that the United States also imposed other sanctions on Iran on Friday and Tuesday and warned, "There will be more sanctions coming."


ADVERTISEMENT




Space News from SpaceDaily.com
AI systems proposed to boost launch cadence reliability and traffic management
China debuts Long March 12A reusable rocket in Jiuquan test flight
Curiosity Blog, Sols 4750-4762: See You on the Other Side of the Sun

24/7 Energy News Coverage
Redesigned carbon framework boosts battery safety and power
Molecular catalyst switches between hydrogen and oxygen production
Project Pele microreactor reaches key milestone with first TRISO fuel delivery

Military Space News, Nuclear Weapons, Missile Defense
SDA expands Tracking Layer satellite awards and related missile defense contracts
Space Systems Command activates System Delta 80 for assured space access
Rheinmetall ICEYE Space Solutions to provide SAR reconnaissance data to German military

24/7 News Coverage
OPERA satellite data sharpens US crop and water management
Alen Space begins SATMAR satellite validation over Bay of Algeciras
Deep Arctic gas hydrate mounds host ultra deep cold seep ecosystem



All rights reserved. Copyright Agence France-Presse. Sections of the information displayed on this page (dispatches, photographs, logos) are protected by intellectual property rights owned by Agence France-Presse. As a consequence, you may not copy, reproduce, modify, transmit, publish, display or in any way commercially exploit any of the content of this section without the prior written consent of Agence France-Presse.