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
Mexico president threatens to sue over SpaceX rocket debris
US Radar Test Marks Milestone in Missile Threat Detection Capabilities
India, Poland, Hungary make spaceflight comeback with ISS mission

24/7 Energy News Coverage
Rice researchers search for ultralight dark matter using a magnetically levitated particle
Physicists confirm elusive quantum spin liquid in new study
Stocks mixed with eyes on Mideast, dollar hit by Trump Fed comment

Military Space News, Nuclear Weapons, Missile Defense
Britain to purchase 12 nuclear weapons-capable F-35 jets from U.S.
Russian strikes kill 19 in Ukraine region under pressure
Iran willing to return to talks as ceasefire with Israel takes hold

24/7 News Coverage
Meteorite amino acid triggers nanocavity formation in common clay
UC Davis and Proteus Space to launch first-ever dynamic digital twin into space
Why the sun is so good at evaporating water



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.