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Iran Wants Compensation For $1 Trillion Damage Inflicted On Economy By US Sanctions
Nation and State ^ | 02/22/2021 | Tyler Durden

Posted on 02/22/2021 10:29:53 AM PST by SeekAndFind

A major crisis was narrowly averted Sunday over Iran's nuclear facilities and the planned booting of IAEA inspectors from key sites, scheduled according to a prior Iranian parliament decision for Feb.21. Tehran reached a last-minute agreement with the UN nuclear watchdog, now being described as a temporary "technical understanding" to keep the inspections going for another three months.

According to the agreement, the IAEA will no longer conduct last-minute "snap inspections" after Tehran argued that it shouldn't be subject to such after the US tore up the deal under Trump. IAEA Director-General Rafael Grossi said Sunday that "This is not a replacement for what we used to have. This is a temporary solution that allows us to continue to give to the world assurances of what is going on there, in the hope that we can return to a fuller picture," as cited in CNN.


Via IRNA

The fact that Iran did not in the end boot the inspectors or block access to sites is a positive sign for the possibility of restored talks with the US about rejoining the Joint Comprehensive Plan of Action (JCPOA) nuclear deal. Last week the Biden administration said it's ready to sit down for EU-sponsored negotiations, something which Iran initially appeared to rebuff but now is giving signals of readiness to participate in. However, adding to its list of demands - perhaps toward additional leverage - Iran said Sunday it estimates unilateral sanctions by the United States has caused $1 trillion worth of damage to its economy.

Foreign Minister Javad Zarif said on Sunday that any follow-up negotiations to salvage the 2015 nuclear deal must include "compensation" for such lasting economic damage. "When we meet, we will raise compensation," he told state-run PressTV in an interview. Zarif explained:

"Whether those compensations will take the form of reparation, or whether they take the form of investment, or whether they take the form of measures to prevent a repeat of what Trump did."

He described that in total some 800 sanctions on all levels of the economy led to a loss of $1 trillion, and that any further sanctions would result in Tehran's final exit from the JCPOA. "This is not a threat. We are simply exercising the remedial measures foreseen in the JCPOA," Zarif stressed.

"The situation Europe has created for itself is that it has to wait for the US to make a decision. It lives at the behest and mercy of the US," he said. "Now, they should convince the US to come back [to the nuclear deal] at least to allow them … to maintain their dignity and allow them to fulfill their obligations. That's not a tall order."

There is a path forward, with a logical sequence:#CommitActMeet

As the offending side, US must take corrective measures:
-commit to JCPOA
-effectively fulfill obligations

Iran would reciprocate immediately by reversing its remedial measures.https://t.co/UkREG8n9Ph — Javad Zarif (@JZarif) February 21, 2021

So far the Biden admin has only introduced meager steps such as dropping travel restrictions on top level Iranian diplomats Trump had enacted, as well as abandoning the push for "snapback" sanctions at the UN.


TOPICS: Foreign Affairs; News/Current Events; War on Terror
KEYWORDS: compensation; deathtoiran; economy; iran; sanctions
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1 posted on 02/22/2021 10:29:53 AM PST by SeekAndFind
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To: SeekAndFind

Give them three NFL teams, and call it even.


2 posted on 02/22/2021 10:31:09 AM PST by pepsionice
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To: SeekAndFind

Tell them to go F themselves.


3 posted on 02/22/2021 10:31:59 AM PST by beethovenfan (Mene, Mene, Tekel, Upharsin)
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To: SeekAndFind

Joe says “Okie-Dokie, will you have anything else with your Order?”


4 posted on 02/22/2021 10:32:26 AM PST by lee martell
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To: SeekAndFind

Biden is asking, “One trillion? Where am I going to get that kind of money? I’ll just call up Nancy and Chuck.”


5 posted on 02/22/2021 10:33:25 AM PST by 17th Miss Regt
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To: SeekAndFind

Iran knows they can yank Slow Joe around and likely get whatever they want.


6 posted on 02/22/2021 10:34:58 AM PST by Will88 (The only people opposing voter ID are those benefiting from voter fraud.)
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To: SeekAndFind

They can get in line behind all the U.S. business and citizens who suffered financially due to the illegal shutdowns from the Wuhanic Plague.


7 posted on 02/22/2021 10:35:28 AM PST by T.B. Yoits
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To: SeekAndFind

Get the C130 with the pallets ready.


8 posted on 02/22/2021 10:35:44 AM PST by mykroar (God speed, President Trump)
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To: SeekAndFind

I’m sure Biden and the Congressional Commucrats will magnanimously add 50% to that.


9 posted on 02/22/2021 10:36:01 AM PST by arthurus ( covfefe \|/)
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To: SeekAndFind

LOL. Trump boxed Biden in on restarting the Iran negotiations. The lunatics will come up with one insane demand after another.


10 posted on 02/22/2021 10:36:18 AM PST by headstamp 2 (Socialism- Institutionalized Deprivation)
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To: SeekAndFind

God will Nuke Iran AND the USA if the USA pays Iran a trillion dollars.

Yeah, I know God does not have nukes....but sheesh.


11 posted on 02/22/2021 10:36:36 AM PST by right way right (May we remain sober over mere men, for God really is our only true hope. )
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To: SeekAndFind

I’d be sure to request that money in gold, or bitcoin.


12 posted on 02/22/2021 10:36:45 AM PST by PGR88
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To: mykroar

It will take a fleet of them this time.


13 posted on 02/22/2021 10:36:58 AM PST by arthurus ( covfefe o)
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To: SeekAndFind

At this point, just pay the man, Joe.


14 posted on 02/22/2021 10:37:06 AM PST by MarDav
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To: SeekAndFind

Don’t worry Iran...the democrats have the trillion built into the Covid Relief Bill.


15 posted on 02/22/2021 10:37:54 AM PST by Bonemaker (invictus maneo)
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To: SeekAndFind

Well, Mr. Mullah, just wait a few minutes, Kamala Harris, your staunchest admirer in the US, will get you a check! Or would you prefer planeloads of cash?


16 posted on 02/22/2021 10:39:18 AM PST by Cen-Tejas
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To: pepsionice

17 posted on 02/22/2021 10:39:46 AM PST by Magnum44 (...against all enemies, foreign and domestic...)
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To: SeekAndFind
People, hell, ice water.

Send in John Effin'!

18 posted on 02/22/2021 10:40:50 AM PST by Billthedrill
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To: SeekAndFind

Can we send Iran some raw sewage to process?


19 posted on 02/22/2021 10:41:53 AM PST by windsorknot
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To: SeekAndFind

Fine.

We want six trillion for taking our people hostage.


20 posted on 02/22/2021 10:42:05 AM PST by blueunicorn6 ("A crack shot and a good dancer”)
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