Black Friday is Now! Don’t miss out on up to 60% OFF InvestingProCLAIM SALE

Iran lawmakers call for debate on quitting nuclear arms treaty

Published 01/28/2020, 08:12 AM
© Reuters. FILE PHOTO: Iranian lawmakers attend a session of parliament in Tehran

DUBAI (Reuters) - A group of Iranian lawmakers on Tuesday asked parliament to debate a motion for Iran to quit a treaty governing global nuclear arms control, a move apparently aimed at pressuring European powers to salvage Tehran's own 2015 nuclear deal.

A report on the assembly's news site ICANA said a minimum number of MPs had signed a request to parliament's managers to arrange a debate on the motion for Iran to take the far-reaching step of leaving the nuclear Non-Proliferation Treaty (NPT).

Iranian Foreign Minister Mohammad Javad Zarif said last week that Iran could withdraw from the NPT if European countries refer the country to the U.N. Security Council over the 2015 deal, a move that would overturn diplomacy in Tehran's turbulent relations with Western powers.

Lawmakers in the past have sometimes withdrawn their signatures seeking debates on motions about nuclear and other issues.

To become a law, the proposal would have to be passed by lawmakers in two readings and then ratified by the Guardian Council, a body that is in charge of ensuring bills do not contradict religious laws or Iran’s constitution.

Iran's Supreme Leader Ayatollah Ali Khamenei, the highest authority in the Islamic Republic, has the final say on all state matters like Tehran's nuclear policy.

The 1968 NPT has been the foundation of global nuclear arms control since the Cold War, including the 2015 deal Iran signed with world powers that offered it access to global trade in return for accepting curbs to its atomic program.

The fate of the 2015 pact has been in doubt since U.S. President Donald Trump pulled the United States out of it in 2018 and reimposed sanctions that have crippled the country's economy.

Iran has responded by gradually scaling back its commitments, although it says these steps are reversible if the European powers can salvage the deal by shielding Iran's economy from U.S. penalties.

Britain, France and Germany formally accused Iran on Jan. 14 of violating the terms of the agreement to curb its nuclear program, which eventually could lead to the reimposing of U.N. sanctions lifted under the pact.

© Reuters. FILE PHOTO: Iranian lawmakers attend a session of parliament in Tehran

However, the EU's top diplomat Josep Borrell on Friday extended the time available to discuss ways to save the nuclear deal with Iran under the dispute mechanism.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.