European Union says committed to Iran nuclear deal, will not reimpose sanctions

Croatia regrets the withdrawal of the United States from the agreement on Iran's nuclear programme, but remains committed, together with its partners in the European Union, to honouring the agreement and expects Iran to continue implementing and meeting all the obligations under the agreement, the Ministry of Foreign and European Affairs said in a statement on Wednesday.

However, despite its withdrawal from the nuclear deal, the United States says it will not stop funding intense International Atomic Energy Agency (IAEA) inspections in Iran, a USA official said Thursday.

"We are closely monitoring the developments". We are assessing the implications this might have on our interests.

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There have been apprehensions that the U.S. decision may adversely impact New Delhi's oil import from the Persian Gulf nation as well as Chabahar port project. In 2018, India promised to up its offtake of oil from Iran.

The Pugwash president and secretary-general said: "It [the agreement] not only imposed upon Iran the most intrusive and comprehensive inspection regime, but the International Atomic Energy Agency repeatedly verified Iran's compliance with the JCPOA, providing a measure of certainty regarding Iran's nuclear program".

The Pugwash leaders said: "One overarching outcome of the US withdrawal is the undermining of confidence in existing (and future) arms control and disarmament agreements".

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On Wednesday, President Donald Trump, announced at the White House that the U.S. would be withdrawing from the deal, and unilaterally begin reinstating economic sanctions against Iran at "the highest level".

Washington has been a major financial contributor to the IAEA's efforts to make sure that Iran does not develop nuclear weapons, under the 2015 agreement that US President Donald Trump abandoned on Tuesday.

Later, India, Iran and Afghanistan signed a trilateral pact providing for transport of goods among the three countries through the port. "This was a frightful one-sided deal that should have never, ever been made".

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India and Iran have robust economic and commercial ties covering many sectors though it has traditionally been dominated by the import of Iranian crude oil by India.

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