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Trump decertifies Iran nuclear deal, imposes tough sanctions on Revolutionary Guard

Muhammad Irfan 11:56 PM | 13 Oct, 2017
Trump decertifies Iran nuclear deal, imposes tough sanctions on Revolutionary Guard
WASHINGTON - US President Donald Trump has announced that his administration will not certify Iran’s compliance with the nuclear agreement and deferred it to Congress to establish new conditions on the deal. He also announced new US sanctions against Tehran.“I am announcing today that we cannot and will not make this certification,” Trump stated Friday.

“I am announcing today that we cannot and will not make this certification,” Trump stated Friday.

“Iran committed multiple violations of the agreement,” the president said, despite the International Atomic Energy Agency’s confirmation that Tehran is in compliance with the deal.

He said he expects Congress to come up with legislation that will amend the nuclear deal and “strengthen enforcement,” as well as include Iran’s ballistic missile program, and remove the ‘sunset clauses’ in the agreement.

If negotiations fail, Trump said, “the deal will be terminated.”

Additionally, Trump announced “tough” sanctions against Iran that are unrelated to the nuclear deal. They target the Islamic Revolutionary Guards Corps, which is part of the Iranian armed forces. Trump has accused the Guards of supporting terrorism.

Trump wants a “more confrontational” approach to Iran, US Secretary of State Rex Tillerson said Friday. While the US will remain party to the internationally negotiated pact, the decision to decertify Iran’s compliance opens up avenues for Congress and Treasury to impose new US sanctions on Tehran not related to the nuclear program.

Iran's Reaction:

Meanwhile, Iran’s President Hassan Rouhani warned the US may face isolation over its opposition to the internationally approved Iran nuclear deal.Iran and its people have never and will never yield to pressure from any foreign government, the president added.

Iran and its people have never and will never yield to pressure from any foreign government, the president added.

Rouhani dismissed America’s anti-nuclear rhetoric, saying the US is the only country to have ever used an atomic bomb.

EU's Stance:

However, EU Foreign Policy Chief Federica Mogherini said in response to Donald Trump’s announcement that the 2015 Iran nuclear deal is not a “bilateral agreement,” and it cannot be terminated by any single country.

“It is not a bilateral agreement. It does not belong to any single country and it is not up to any single country to terminate it,” Mogherini announced.

“We cannot afford as an international community, as Europe for sure, to dismantle a nuclear agreement that is working,” she added.

The Russian Foreign Ministry slammed Trump’s speech, saying that any use of “aggressive” rhetoric in international relations is “unacceptable” and is also “doomed to fail.”

In its statement, the ministry stressed that any renewal of UN sanctions against Iran is “out of the question.” It further denounced the actions of the US administration as “vestiges of the past” that “are at odds with the modern norms of civilized communication between countries.”

Israel called Trump’s move “very significant,” adding that it might actually lead to a war with Iran. “Iran is the new North Korea. We see where things are going,” Israeli Intelligence Minister Israel Katz told Israel’s Channel 2, speaking about the possibility of war.

Saudi Arabia welcomed what it called “the resolute strategy announced by US President Donald Trump towards Iran and its aggressive approach.”

The Kingdom said that Iran “exploited the economic benefits of lifting the sanctions” by speeding up the development of its missile program and boosting its support of various militant groups, including Hezbollah and the Shiite Houthi rebels in Yemen, as reported by Saudi state news agency SPA.

Muhammad Irfan

The writer is a staff member. He has been affiliated with Pakistan's leading English newspapers and worked as News Producer at FM 107.4. Death (as...he believes...life is a station, and death is a longest journey from seen to ...

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KARACHI - Following are the foreign currency exchange rates for US Dollar, Saudi Riyal, UK Pound Sterling, U.A.E. Dirham, European Euro, and other foreign currencies in Pakistan open market on February 03, 2023 (Friday).

Source: Forex Association of Pakistan. (last update 09:00 AM)

Currency Symbol Buying Selling
US Dollar ‎USD 272.25 273.25
Euro EUR 297.32 297.65
UK Pound Sterling GBP 333.31 333.61
U.A.E Dirham AED 73.03 73.33
Saudi Riyal SAR 71.49 71.80
Australian Dollar AUD 188.9 191.3
Bahrain Dinar BHD 712.73 720.73
Canadian Dollar CAD 200.95 203.15
China Yuan CNY 39.67 40.07
Danish Krone DKK 39.11 39.51
Hong Kong Dollar HKD 34.19 34.54
Indian Rupee INR 3.28 3.39
Japanese Yen JPY 2.5 2.54
Kuwaiti Dinar KWD 877.76 886.76
Malaysian Ringgit MYR 62.83 63.43
New Zealand Dollar NZD 173.25 175.25
Norwegians Krone NOK 26.76 27.09
Omani Riyal OMR 696.08 704.08
Qatari Riyal ‎QAR 73.62 74.32
Singapore Dollar SGD 204 206
Swedish Korona SEK 25.61 25.91
Swiss Franc CHF 291.69 294.19
Thai Bhat THB 8.15 8.3

KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs 212,900 on Friday. The price of 10 grams of 24k gold was recorded at Rs182,530.

Likewise, 10 grams of 22k gold were being traded for Rs167,318 while a single tola of 22-karat gold was being sold at Rs 195,157.

Note: The gold rate in Pakistan is fluctuating according to the international market so the price is never been fixed. The below rates are provided by local gold markets and Sarafa Markets of different cities.

City Gold Silver
Lahore PKR 212,900 PKR 2,420
Karachi PKR 212,900 PKR 2,420
Islamabad PKR 212,900 PKR 2,420
Peshawar PKR 212,900 PKR 2,420
Quetta PKR 212,900 PKR 2,420
Sialkot PKR 212,900 PKR 2,420
Attock PKR 212,900 PKR 2,420
Gujranwala PKR 212,900 PKR 2,420
Jehlum PKR 212,900 PKR 2,420
Multan PKR 212,900 PKR 2,420
Bahawalpur PKR 212,900 PKR 2,420
Gujrat PKR 212,900 PKR 2,420
Nawabshah PKR 212,900 PKR 2,420
Chakwal PKR 212,900 PKR 2,420
Hyderabad PKR 212,900 PKR 2,420
Nowshehra PKR 212,900 PKR 2,420
Sargodha PKR 212,900 PKR 2,420
Faisalabad PKR 212,900 PKR 2,420
Mirpur PKR 212,900 PKR 2,420

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