US, European allies agree August deadline for Iran nuclear deal
U.S. media reported Tuesday that the United States and its three European allies have set an end-of-August deadline for reaching a nuclear deal with Iran.
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00:00U.S. media reported Tuesday that the United States and its three European allies have set an end of August deadline for reaching a nuclear deal with Iran.
00:10According to the report, U.S. Secretary of State Marco Rubio and the foreign ministers of the U.K., France and Germany agree the deadline in a phone call on Monday.
00:18If no deal is reached by the deadline, the three European powers plan to trigger the snapback mechanism that automatically reimposes all U.N. Security Council sanctions that were lifted under the 2015 Iran deal, according to the report.
00:35The snapback provision is set to expire in October, with the activation process taking 30 days.
00:41European powers reportedly aim to complete this process before Russia assumes the presidency of the U.N. Security Council in October.
00:49The report added that while U.S. and European allies considered the snapback threat as a bargaining chip, Iran argued that there is no legal basis for it and has threatened to withdraw from the Nuclear Non-Proliferation Treaty in response.
