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US Imposes Sanctions on Iran’s Enriched Uranium Exports

US Imposes Sanctions on Iran’s Enriched Uranium Exports
folder_openIran access_time4 years ago
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By Staff, Agencies

As part of escalating pressure on the Islamic Republic, US imposed sanctions on Iran's export of enriched uranium.

However, Washington renewed three key waivers that will allow European allies, Russia and China to cooperate with the Islamic Republic on civil nuclear program.

"Any involvement in transferring enriched uranium out of Iran in exchange for natural uranium will now be exposed to sanctions. The United States has been clear that Iran must stop all proliferation-sensitive activities, including uranium enrichment, and we will not accept actions that support the continuation of such enrichment," the State Department announced in statement issued on Friday.

Under Iran's 2015 nuclear deal, known as the Joint Comprehensive Plan of Action [JCPOA], Tehran is limited to keeping 300 kilograms of uranium enriched up to 3.67 percent. As part of the JCPOA, Iran is allowed to sell any enriched uranium above that threshold on international markets in exchange for natural uranium, with Russia a key player.

The waivers, due to expire Saturday, are extended for 90 days, the State Department statement added.

The waiver extensions pertain to the Bushehr nuclear power plant, the Fordow enrichment facility, the Arak nuclear complex and the Tehran Research Reactor, a senior US official said, on condition of anonymity.

On May 8, 2018, Trump announced that he would abandon the JCPOA, reached between Iran and six world powers – the US, the UK, France, Russia, China and Germany.

Under the JCPOA, Iran agreed to limit parts of its peaceful nuclear program in exchange for the removal of all nuclear-related sanctions.

 

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