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Free AccessRouhani Concedes No New Nuclear Deal Under His Presidency: BBG
Bloomberg Politics reporting that outgoing Iranian President Hassan Rouhani has conceded at his final Cabinet meeting that his administration will not be able to reach a new nuclear deal with the signatories of the Joint Comprehensive Plan of Action (the Iran nuclear deal, JCPoA) by the time he leaves office in early August.
- Bloomberg reports Rouhani as stating that "the table has been set" for a deal to be reached and that "we hope, God willing, that the 13th government can complete the work,".
- There is widespread expectation that talks in Vienna between Iran and the JCPoA signatories (China, France, Germany, Russia, and the UK) can resume in mid-August. There remains uncertainty, though, as to the stance of the Iranian negotiators once hardline President-Elect Ebrahim Raisi comes to office.
- Earlier in the month, Rouhani appeared to blame conservative hardliners in parliament - supportive of Raisi - for not getting a deal agreed in H121. Rouhani was shown on state TV saying that "They [the hardliners] snatched the opportunity from the hands [of the gov't]. Four, five, six months of opportunities have been lost, which we sorely regret."
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.