India closely watching Trump’s JCPOA decision
At least that's what the French think. President Emmanuel Macron told the German daily Der Speigel that the US withdrawing from the JCPOA "would mean opening Pandora’s box, it could mean war”
a major importer of Iranian crude and products, India will be watching closely US President Donald Trump’s announcement Tuesday about his decision on the Iran deal.
If Trump announces the United States is pulling out of the Joint Comprehensive Plan of Action (JCPOA) that it signed with Iran in 2015, it will re-impose oil sanctions, which will lead to India being forced to re-review its list of oil suppliers as well as “Plan-B options”, according to officials who demanded anonymity.
Iran used to be India’s second largest oil supplier before the first round of sanctions, and since 2015, it has been the third largest. State-owned refiners in India, who are big importers of Iran oil, have been sympathetic clients drawn to the prospects of Hassan Rouhani Iran President a batter deal by deeper freight discounts.
But that could all change. “I will be announcing my decision on the Iran Deal tomorrow from the White House at 2:00pm (11:30 pm India time),” Trump tweeted on Monday, ahead of the May 12 deadline for him to certify that Iran was in compliance of the deal.
Signing the previous certification in January, Trump had said it would be the last time he would
IRAN COULD UNDERMINE U.S. INTERESTS IN THE MIDDLE EAST
Iran has supported Iraq's fight against the Islamic State and has shored up Syria's Bashar al-Assad regime by arming and training Shia fighters in both countries. If the JCPOA falls through, Iran could encourage PMF factions to push US troops out of Iraq and cause trouble for Americans and their Kurdish allies in northern Syria
IRAN COULD WITHDRAW FROM NON-PROLIFERATION TREATY
If the US quits the JCPOA, Iran could withdraw from the Non-Proliferation Treaty — an agreement designed to stop the spread of nuclear weapons — which would be a cause of concern globally
NORTH KOREA COULD BE WARY ABOUT A DEAL
If the US were to re-impose sanctions on Iran, it would set off alarm bells in North Korea — in the eyes of
Pyongyang, Washington could lose credibility as approve the deal, something he has been critical about from the very start.
A string of leaders from allied countries that signed the agreement recently visited Washington to personally lobby Trump to stay in the deal and work towards bolstering it with additional measures.
French president Emmanuel Macro went as far as to propose “a new deal with Ira”, based on four pillars: the JCPOA, a freeze Donald Trump
WASHINGTON:As US President
in perpetuity on Iran’s nuclear weapons programme, ending work on ballistic missiles and punishing it for malign activity in the Middle East. Trump heard him, but gave no assurances.
German Chancellor Angel Merkel went back with no guarantees either, and British foreign secretary Boris Johnson left for home on Monday after a similar meeting his counterpart secretary of state Mike Pompeo and NSA John Bolton.