LOC15:34
12:34 GMT
TEHRAN, Oct 5 (KUNA) -- Iranian Foreign Minister Abbas Araghchi announced on Sunday that the Cairo Agreement no longer constitutes a basis for cooperation between Tehran and International Atomic Energy Agency (IAEA), following the reactivation of United Nations sanctions on Iran.
Speaking to reporters after a meeting with foreign ambassadors and heads of diplomatic missions accredited to Iran, Araghchi stated that the activation of the snapback mechanism has changed all circumstances.
He added that Iran is now facing a new situation that requires new decisions, and will announce the decision regarding the continuation of cooperation with the IAEA soon.
Iran had signed a new agreement with the IAEA in the Egyptian capital, Cairo, on the ninth of September, outlining practical steps to continue inspection activities at Iranian nuclear facilities.
The UN Security Council recently rejected a joint Russian-Chinese draft resolution that called for extending the suspension of sanctions on Iran for an additional six months under the 2015 nuclear agreement. Only four member states voted in favor of the proposal.
With the activation of the snapback mechanism, all UN sanctions previously lifted under the Joint Comprehensive Plan of Action (JCPOA) have been reinstated. This mechanism allows for the reimposition of international sanctions if it is determined that Iran has failed to meet its commitments.
The reinstated sanctions include a renewed arms embargo, bans on uranium enrichment and reprocessing activities, restrictions on ballistic missile cooperation, a global asset freeze, travel bans, and extensive limitations on Iran's energy sector. (end)
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