Zürcher Nachrichten - Iran sanctions look set to return as last-ditch UN push fails

EUR -
AED 4.358796
AFN 75.375134
ALL 96.479506
AMD 446.621538
ANG 2.124184
AOA 1088.362345
ARS 1660.725014
AUD 1.672924
AWG 2.136371
AZN 2.019061
BAM 1.956332
BBD 2.389351
BDT 145.07948
BGN 1.955547
BHD 0.447478
BIF 3499.555522
BMD 1.186873
BND 1.499427
BOB 8.197231
BRL 6.207108
BSD 1.186263
BTN 107.44824
BWP 15.645785
BYN 3.399854
BYR 23262.710408
BZD 2.38585
CAD 1.614782
CDF 2676.398292
CHF 0.912586
CLF 0.025929
CLP 1023.808148
CNY 8.19969
CNH 8.169905
COP 4353.414485
CRC 575.378391
CUC 1.186873
CUP 31.452134
CVE 110.295014
CZK 24.251361
DJF 211.244605
DKK 7.470279
DOP 73.902913
DZD 153.864316
EGP 55.449164
ERN 17.803095
ETB 184.74948
FJD 2.603465
FKP 0.86976
GBP 0.868803
GEL 3.174859
GGP 0.86976
GHS 13.054552
GIP 0.86976
GMD 87.238518
GNF 10411.877214
GTQ 9.098476
GYD 248.177536
HKD 9.276463
HNL 31.343718
HRK 7.535096
HTG 155.543638
HUF 377.530062
IDR 19959.642905
ILS 3.652578
IMP 0.86976
INR 107.584992
IQD 1554.075281
IRR 49997.02447
ISK 145.02399
JEP 0.86976
JMD 185.657562
JOD 0.841436
JPY 181.977895
KES 153.106937
KGS 103.792344
KHR 4771.33861
KMF 492.551913
KPW 1068.194478
KRW 1707.447563
KWD 0.363931
KYD 0.988602
KZT 587.049537
LAK 25457.785726
LBP 106231.488656
LKR 366.812182
LRD 221.170186
LSL 19.039523
LTL 3.504527
LVL 0.717928
LYD 7.479287
MAD 10.847052
MDL 20.14316
MGA 5189.587126
MKD 61.659572
MMK 2492.023879
MNT 4231.877991
MOP 9.553322
MRU 47.279659
MUR 54.513328
MVR 18.283766
MWK 2057.029099
MXN 20.350575
MYR 4.628208
MZN 75.852651
NAD 19.039523
NGN 1607.428946
NIO 43.652063
NOK 11.287619
NPR 171.923303
NZD 1.96253
OMR 0.456352
PAB 1.186323
PEN 3.979984
PGK 5.09245
PHP 68.802564
PKR 331.78727
PLN 4.207969
PYG 7780.445039
QAR 4.323276
RON 5.094293
RSD 117.441253
RUB 90.736088
RWF 1731.929674
SAR 4.451049
SBD 9.54861
SCR 16.851716
SDG 713.897807
SEK 10.582955
SGD 1.496813
SHP 0.890462
SLE 29.01928
SLL 24888.132184
SOS 677.410025
SRD 44.809201
STD 24565.874399
STN 24.506979
SVC 10.380175
SYP 13126.310613
SZL 19.035822
THB 36.866061
TJS 11.192146
TMT 4.154055
TND 3.420231
TOP 2.857706
TRY 51.887416
TTD 8.052463
TWD 37.192799
TZS 3083.590386
UAH 51.160146
UGX 4199.1427
USD 1.186873
UYU 45.732445
UZS 14579.581697
VES 466.120709
VND 30823.091291
VUV 141.330681
WST 3.219056
XAF 656.157672
XAG 0.015355
XAU 0.000237
XCD 3.207583
XCG 2.137954
XDR 0.81605
XOF 656.157672
XPF 119.331742
YER 282.890861
ZAR 18.867773
ZMK 10683.299939
ZMW 21.560776
ZWL 382.172615
  • CMSD

    0.0647

    23.64

    +0.27%

  • RBGPF

    0.1000

    82.5

    +0.12%

  • GSK

    0.3900

    58.93

    +0.66%

  • BCE

    -0.1200

    25.71

    -0.47%

  • CMSC

    0.0500

    23.75

    +0.21%

  • BTI

    -1.1100

    59.5

    -1.87%

  • NGG

    1.1800

    92.4

    +1.28%

  • AZN

    1.0300

    205.55

    +0.5%

  • RIO

    0.1600

    98.07

    +0.16%

  • RELX

    2.2500

    31.06

    +7.24%

  • BCC

    -1.5600

    86.5

    -1.8%

  • JRI

    0.2135

    13.24

    +1.61%

  • BP

    0.4700

    37.66

    +1.25%

  • RYCEF

    0.2300

    17.1

    +1.35%

  • VOD

    -0.0500

    15.57

    -0.32%

Iran sanctions look set to return as last-ditch UN push fails
Iran sanctions look set to return as last-ditch UN push fails / Photo: - - AFP

Iran sanctions look set to return as last-ditch UN push fails

Sweeping UN sanctions look likely to return on Iran after the failure of a last-ditch effort on Friday by China and Russia to secure a delay to allow further talks to salvage a landmark nuclear deal.

Text size:

European powers have urged Iran to reverse a series of steps it took after Israel and the United States bombed its nuclear sites in June.

China and Russia's effort to buy time for diplomacy was rejected by nine countries against four in favor.

"UN sanctions, targeting Iranian proliferation, will be reimposed this weekend," said Britain's ambassador to the UN Barbara Woodward.

"We stand ready to continue discussions with Iran on a diplomatic solution to address international concerns about its nuclear program. In turn, this could allow for the lifting of sanctions in the future."

Complaining that Iran has not complied with a landmark but moribund deal, the Europeans have triggered a return of sweeping UN sanctions -- notably on its banking and oil sectors -- that are set to take effect at the end of Saturday.

China and Russia at the Security Council session on Friday pushed a resolution that would have given another half year for talks, or until April 18, 2026.

"We had hoped that us, that European colleagues in the US, would think twice, and that they would opt for the path of diplomacy and dialog, instead of their clumsy blackmail," the Russian deputy ambassador to the UN told the council prior to the vote.

"Did Washington, London, Paris, Berlin make any compromises? No, they did not."

One diplomat, speaking to AFP on condition of anonymity, said late Thursday that the Europeans believed they had "done everything to try to move things," but that Iran did not offer the desired flexibility.

France's ambassador to the UN Jerome Bonnafort told the council all sides had been "trying to find, until the very last moment, a solution."

France -- speaking for itself, Germany and Britain -- has told Iran it must allow full access to UN nuclear inspectors, immediately resume nuclear negotiations and offer transparency on highly enriched uranium, the whereabouts of which has been the subject of speculation.

- 'Illegal and irresponsible' -

The 2015 deal, negotiated during Barack Obama's presidency, lifted sanctions in return for Iran drastically scaling back its controversial nuclear work.

President Donald Trump in his first term withdrew from the deal and imposed sweeping unilateral US sanctions, while pushing the Europeans to do likewise.

The Chinese and Russian draft resolution, in a reference to the United States, would call on all initial parties to the deal to "immediately resume negotiations."

On Thursday, Iran's Foreign Minister Abbas Araghchi met his British counterpart, Yvette Cooper, to discuss the row.

Araghchi "strongly criticized the position of the three European countries as unjustified, illegal and irresponsible," the Iranian foreign ministry said.

Steve Witkoff, Trump's real estate friend and roving envoy who had been negotiating with Iran until Israel attacked, said Wednesday that Iran was in a "tough position" but also held out hope for a solution.

"I think that we have no desire to hurt them. We have a desire, however, to either realize a permanent solution and negotiate around snapbacks," Witkoff told the Concordia summit on the sidelines of the General Assembly.

"If we can't, then snapbacks will be what they are. They're the right medicine," Witkoff said.

Israeli Prime Minister Benjamin Netanyahu in a speech to the United Nations on Friday demanded the reimposition of the sanctions, calling on the world to "remain vigilant" on Tehran's nuclear program.

Iran has long contended that it is not seeking nuclear weapons, pointing to an edict by Supreme Leader Ayatollah Ali Khamenei, and US intelligence has not concluded that the country has decided to build a nuclear weapon.

dt-abd-gw-sct/sms

D.Graf--NZN