Iran's Foreign Minister in China to rescue nuclear deal

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Sanctions on European companies that do business with Iran after the U.S. withdrawal from the nuclear deal are "possible", White House National Security Adviser John Bolton said on Sunday. After years of crippling economic sanctions, the deal opened Iran to business with the USA and Europe, and companies around the world began doing business in Iran.

Trump has said the USA would be reinstating the anti-Iran bans lifted under the JCPOA and also slapping the "highest level" of economic sanctions on Tehran, prompting anger among other parties to the Iran deal, which unanimously denounced Washington and vowed to stay committed to their side of the deal.

After the President Donald Trump announced his withdrawal from the Iran deal, Prime Minister Jacinda Ardern said his decision was "disappointing".

"Together, we emphasise our continuing commitment to the JCPOA".

Speaking to reporters after talks with Mogherini, Zarif struck an optimistic note. We are on the right path to move forward.

Mogherini said "the aim" is to see how Iran and the Europeans "can coordinate actions" in order to preserve the deal.

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Trump said Thursday that "The highly anticipated meeting between Kim Jong Un and myself will take place in Singapore on June 12th".

He will also meet with the foreign ministers of Germany, France and the United Kingdom in Brussels on Tuesday to discuss the future of the deal.

Earlier on Sunday, Iranian President Hassan Rouhani said Iran would remain committed to the deal "if the remaining five countries abide by the agreement".

Last December, Trump drew widespread condemnations and protests from across the Arab and Muslim world when he announced his decision to recognize Jerusalem as Israel's capital.

JCPOA was implemented in 2016 after five permanent members of UN Security Council, China, France, Russia, United Kingdom and US plus Germany reached an agreement with Rouhani's government to lift worldwide sanctions imposed on the Islamic Republic in exchange for Tehran to curb its nuclear program.

"Our trade with New Zealand is the importing dairy products from NZ, if they want to impose sanctions then they must ban the companies from exporting the commodities to Iran".

Le Drian expressed France's "determination to fight" so that the US decisions don't hurt those companies that have invested in Iran.

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The Iranian foreign minister highlighted the need for other parties to the JCPOA to provide "sufficient guarantees" that assure Tehran of being able to "reap the benefits" of the nuclear deal.

"The consequences of American sanctions go well beyond goods shipped by American companies, " Bolton said.

But the measures have never been used and may be hard to enforce, while European Union companies could still face asset seizures, fines and possibly criminal charges in the United States.

Trump's move to ditch the nuclear deal has infuriated Washington's allies in Europe as well as China and Russian Federation.

The accord lifted global sanctions on Iran in 2016 in return for Tehran shutting down its capacity, under strict surveillance by the United Nations nuclear watchdog, to stockpile enriched uranium for a possible atomic bomb.

The deal's proponents say it is crucial to forestalling a nuclear Iran and preventing wider war in the Middle East.

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"The European signatories should make up for the USA withdrawal from the JCPOA and guarantee our rights".

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