TEHRAN, Young Journalists Club (YJC) -In a post on his official twitter account on Wednesday, Iranian Deputy Foreign Minister for Political Affairs Abbas Araqchi said new initiatives were being designed for the SPV, adding that expert talks in this regard were underway between Iran and the European side.
“I had good meetings with British and French officials and nuclear negotiators in Tehran yesterday and today,” Araqchi said.
He added that the European Union as well as the UK, France and Germany had “serious political will” to preserve the 2015 Iran nuclear deal, known as the Joint Comprehensive Plan of Action (JCPOA).
In May, US President Donald Trump withdrew his country from the JCPOA, under which Tehran agreed to put limits on its nuclear program in exchange for the removal of nuclear-related sanctions, and decided to re-impose unilateral sanctions against Tehran.
Earlier this month, the Trump administration announced the re-imposition of the “toughest” sanctions ever against Iran's banking and energy sectors with the aim of cutting off the country's oil sales and crucial exports.
A first round of American sanctions took effect in August, targeting Iran's access to the US dollar, metals trading, coal, industrial software, and auto sector.