Iran says ready for US withdrawal from nuclear deal

IRNA – The Iranian top banking official said on Saturday that the Islamic Republic is quite prepared for potential US withdrawal from the nuclear deal.

Iran has considered various scenarios for potential withdrawal of US from the Joint Comprehensive Plan of Action (JCPOA), Governor of Central Bank of Iran (CBI) Valiollah Seif told reporters on the sidelines of Iran-Europe trade forum.

He said that CBI has adopted enough measures to preserve normal economic status in case of US potential withdrawal from the nuclear deal.

The official urged the European governments to facilitate banking cooperation with Iran.

Seif said that the Iranian banks expect their European counterparts to increase financial interactions based on the volume of trade exchanges.

Donald Trump will have to decide the fate of the 2015 Iran’s landmark nuclear deal, officially known as the JCPOA, with the G5+1, on May 12.

“The Washington Post” wrote that Trump will exit from the deal. But, “The Economist” writes that staying in the deal is also a possibility.

The EU signatories to the deal have increasingly tried to keep and implement the JCPOA. Emanuel Macron and Angela Merkel separately visited Washington and tried to convince President Donald Trump to keep the deal.