Diplomats from 100 countries to discuss trade with Iran after US JCPOA exit: Official

Tasnim – Senior officials and ambassadors from over 100 countries in a meeting in Tehran on Monday will discuss the problems created for trade with Iran following the US withdrawal from the 2015 nuclear deal known as the Joint Comprehensive Plan of Action (JCPOA), an official said.

Head of the Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) Masoud Khansari said that following the US exit from the JCPOA, ties with European and East Asian countries are becoming a major part of the country’s economic relations with the world.

However, the complexities of economic relations and private sectors’ connections with the US economy have made it difficult for Iran to develop its bilateral and multilateral trade with these countries, he added.

What impedes cooperation between Iran and other countries largely results from the lack of knowledge about each other, failure to introduce Iran’s capacities to the countries, and lack of development of corporate relations, Khansari said.

For this reason, the TCCIMA plans to hold the gathering in Tehran on Monday with the participation of First Vice-President Es’haq Jahangiri, Foreign Minister Mohammad Javad Zarif and economic activists from private sectors as well as ambassadors and officials from more than 100 foreign countries, he went on to say.

On May 8, the US president pulled his country out of the JCPOA, which was achieved in Vienna in 2015 after years of negotiations among Iran and the Group 5+1 (Russia, China, the US, Britain, France, and Germany).

Following the US exit, Iran and the remaining parties launched talks to save the accord.

Meanwhile, Leader of the Islamic Revolution Ayatollah Seyed Ali Khamenei has underlined that any decision to keep the JCPOA running without the US should be conditional on “practical guarantees” from the Europeans.