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S. Africa, Europe reiterate preserving JCPOA, lifting sanctions

The leaders of European Union and South Africa in a statement at the end of the Seventh Joint Meeting in Brussels on Thursday stressed the significance of the JCPOA as well as the need for Iran's benefits from deal.

The statement signed by the President of the European Council Donald Tusk, President of the European Commission Jean-Claude Juncker and South African President Cyril Ramaphosa read, We welcome Iran's continued commitment to the full and effective implementation of the Joint Comprehensive Plan of Action (JCPOA), as confirmed by the IAEA in thirteen reports, and in line with its obligations under the Treaty on the Non-Proliferation of Nuclear Weapons.

'We call on the remaining parties to the JCPOA to continue to honor their commitments under the Agreement. We recall that the JCPOA, which is working and delivering on its goal, is a key element of the global non-proliferation architecture and a significant diplomatic achievement endorsed unanimously by the UN Security Council in its Resolution 2231.

'We stress the importance of the preservation and continued, full and effective implementation of all aspects of the JCPOA, which includes sanctions lifting and the consequences arising from it, in the interest of regional and international peace and security. We call upon Iran to play a constructive role in the region and to refrain from any activities which are inconsistent with UN Security Council Resolution 2231, reported.

Over the past months, EU has on several occasions rebuked US for quitting the deal and reinstating sanctions against Iran.

Currently, it is mulling a mechanism of Special Purpose Vehicle (SPV) to help continue banking and trade cooperation between Iran and EU.

It also fulfilled Blocking Statute to help small- and medium-sized companies to evade US sanctions.

Source: Islamic Republic News Agency - IRNA

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