Home Global Village Iran to surpass uranium stockpile despite American sanctions

Iran to surpass uranium stockpile despite American sanctions

The US, with European allies, put nuclear sanctions on Iran restricting them on building 'Nuclear Weapons' under JCPOA. But US pulled out of this act under Trump regime and Iran retaliated with threatening to build up their nuclear capability. US threatened Iran with severe actions but Iran remained adamant on developing the nuclear arsenal.

Iran

AFP |

Iran will surpass the uranium stockpile limit set under the nuclear deal agreed with world powers from June 27, a top official said Monday on state television.

“Today the countdown to pass the 300 kilograms reserve of enriched uranium has started and in 10 days time, we will pass this limit,” Iran’s atomic energy organization spokesman Behrouz Kamalvandi said at a press conference broadcast live.

“This is based on the Articles 26 and 36 of the (nuclear deal), and will be reversed once other parties live up to their commitments,” he added, speaking from the Arak nuclear plant south-west of Tehran.

Iran’s deal with US set a limit on the number of uranium-enriching centrifuges and restricted its right to enrich uranium to no higher than 3.67 percent, well below weapons-grade levels of around 90 percent.

On May 8, President Hassan Rouhani announced that Iran would stop observing restrictions on its stocks of enriched uranium and heavy water agreed under the 2015 nuclear deal.

He said the move was in retaliation for the unilateral US withdrawal from the accord a year earlier, which saw Washington impose tough economic sanctions on Tehran.

Iran has threatened to go even further by July 8 unless remaining partners to the deal – Britain, China, France, Germany and Russia – help it circumvent US sanctions and especially enable it to sell its oil.

Under the agreement, Iran pledged to reduce its nuclear capacities for several years and allow international inspectors inside the country to monitor its activities in return for relief from international sanctions.

Read more: World’s Nuclear Arsenal: Quantity drops Quality Rises

The deal set a limit on the number of uranium-enriching centrifuges and restricted its right to enrich uranium to no higher than 3.67 percent, well below weapons-grade levels of around 90 percent.

It also called on Iran to export enriched uranium and heavy water to ensure that the country’s reserves would stay within the production ceiling set by the agreement, yet recent US restrictions have made such exports virtually impossible.

AFP with additional input by GVS news desk

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