Published by Global Banking & Finance Review®
Posted on July 22, 2025
2 min readLast updated: January 22, 2026
Add as preferred source on GoogleIran warns that reimposing UN sanctions could escalate nuclear tensions. E3 nations consider a snapback mechanism if no progress by August.
DUBAI (Reuters) -Reimposing international sanctions on Iran would make the "situation" over its nuclear programme more complex, state media quoted Iranian Deputy Foreign Minister Kazem Gharibabadi as saying on Tuesday.
He was speaking ahead of a meeting on Friday with three European states known as the E3 - Britain, France and Germany.
The E3 have said that if no progress is reached by the end of August over Iran's nuclear programme, they will invoke a "snapback" mechanism - a process that would reimpose U.N. sanctions on Tehran that were lifted under a 2015 deal in return for restrictions on Iran's nuclear programme
"We will express our position regarding the E3's comments on the snapback mechanism, which we think lacks any legal ground," Gharibabadi said, referring to Friday's meeting in Istanbul.
"Nonetheless, our effort will be to see if we can find common solutions to manage the situation."
The three European countries, along with China and Russia, are the remaining parties to the 2015 nuclear deal - from which the United States withdrew in 2018.
"It has been seven years that the nuclear deal is not being implemented by the Europeans following the U.S. departure from it. How can they argue that Iran is not following the deal when they themselves have not done so?" Gharibabadi added.
Tehran denies seeking a nuclear weapon and says its nuclear programme is solely meant for civilian purposes.
(Reporting by Dubai Newsroom, Editing by Timothy Heritage)
The snapback mechanism is a process that allows for the reimposition of sanctions that were lifted under a previous agreement if certain conditions are not met.
International capital refers to funds that are invested across national borders, often in foreign markets or assets, to generate returns.
Compliance in finance refers to the adherence to laws, regulations, and guidelines governing financial practices and transactions.
Economic growth is an increase in the production of goods and services in an economy over a period, typically measured by GDP.
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