Deputy FM warns Europe Iran cannot wait for promised SPV forever

TEHRAN, Nov. 19 (MNA) – The Iranian Deputy Foreign Minister Abbas Araghchi has said that Iran will not give in to sanctions, warning Europe to accelerate efforts to provide Iran with promised financial mechanism to save the JCPOA.

“Nobody in Iran is going to give in to the sanctions. We will find our way, as we have done in the past,” Araghchi said on Monday morning in a conference dubbed ‘the Regional Developments and the International System’ at Tehran-based Allameh Tabatabee University.

"If Europeans give in [to US pressures] they will call into question their sovereignty, credibility and security,” Araghchi noted adding “if Europe thinks that the West Asia Region is safe without the JCPOA, it can wait and see.”

“Our region is struggling with a set of problems. Can Europe tolerate a new wave of terrorism and migration and reemergence of the nuclear crisis?” the Iranian deputy foreign minister further warned, noting “there is no doubt that Europe will lose more than the US if the JCPOA fails.”

“If Europe cares about its credibility and sovereignty it has to be ready to pay the price” he underlined.

Iran's deputy foreign minister went on to say that Europe is 'incapable' of creating the promised financial mechanism and countries refuse to host the financial institution.

Araghchi said "whether Europe does not want to work with us and is playing with us, or it wants but it cannot, it does not make any difference to us.The result is that the Europeans either would not want or could not do anything. But as long as staying in the JCPOA benefits our country we will remain in it and if it does not, staying in it will be futile.”

"If we have stayed so far, it is because it has benefited us both politically and economically,” he said, "At the moment, the situation is in favor of us but this certainly cannot continue forever and the Europeans must Know that this situation cannot continue like this anymore.”

KI/4462467

News Code 139753

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