Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Headlines > Iran and European ministers make little progress as renewed UN sanctions loom, diplomats say
    Headlines

    Iran and European ministers make little progress as renewed UN sanctions loom, diplomats say

    Iran and European ministers make little progress as renewed UN sanctions loom, diplomats say

    Published by Global Banking and Finance Review

    Posted on September 17, 2025

    Featured image for article about Headlines

    By John Irish and Parisa Hafezi

    PARIS/DUBAI (Reuters) - Iranian and European ministers made little progress in talks on Wednesday aimed at averting international sanctions on Tehran over its nuclear programme being reimposed at the end of this month, two European and one Iranian diplomat said.

    Britain, France and Germany, the so-called E3, launched a 30-day process at the end of August to reimpose U.N. sanctions. They set conditions for Tehran to meet during September to convince them to extend the "snapback mechanism". 

    The offer by the E3 to extend the snapback for as much as six months to enable serious negotiations is conditional on Iran restoring access for U.N. nuclear inspectors - who would also seek to account for Iran's large stock of enriched uranium - and engaging in talks with the U.S.

    The status of Iran's enriched uranium stocks has been unknown since Israel and the U.S. bombed Iranian nuclear sites in June.

    WEDNESDAY TALKS FOLLOWED ACCORD WITH IAEA

    Wednesday's phone call between the E3 foreign ministers, the European Union foreign policy chief and their Iranian counterpart followed an agreement reached by Iran and the International Atomic Energy Agency last week on resuming cooperation between Tehran and the U.N. nuclear watchdog, including in principle the inspection of nuclear sites.

    Several Western diplomats have said, however, that the accord is not detailed enough, sets no timeframe for Iran and leaves the door open for Iran to continue stonewalling.

    There has also been no indication of a willingness from Iran to resume talks with Washington.

    Iran says it is still working to refine how it will work with IAEA.

    Germany's foreign ministry spokesperson said on X after the call on Wednesday that the E3 had "underscored that Iran has yet to take the reasonable and precise actions necessary to reach an extension of resolution 2231", adding on X that sanctions would be reimposed "absent concrete actions in the coming days".

    The reimposed sanctions would hit Iran's financial, banking, hydrocarbons and defence sectors.

    Four European diplomats and an Iranian official said prior to the call that the most likely scenario would be that the E3 would go ahead with the reimposition of sanctions. Two of the diplomats also said that even with a last-minute agreement, it was unlikely Washington would support it.

    An Iran diplomat said Tehran had reiterated in Wednesday's call that Iran would take measures in response if the decision to restore U.N. sanctions was made.

    "The understanding in Tehran is that the U.N. sanctions will be reimposed. That is why Tehran refuses to give concessions," an Iranian official said.

    The West says the advancement of Iran's nuclear programme goes beyond civilian needs, while Tehran says it wants nuclear energy only for peaceful purposes.  

    (Additional reporting by Alexander Katz in Berlin; Editing by Timothy Heritage and Frances Kerry)

    Related Posts
    Novartis, Roche back US efforts to lower drug costs amid talk of pricing deal
    Novartis, Roche back US efforts to lower drug costs amid talk of pricing deal
    Saudi, French and U.S. officials push Hezbollah disarmament plan
    Saudi, French and U.S. officials push Hezbollah disarmament plan
    Russia sentences Briton who it says fought for Ukraine to 13 years in a prison camp
    Russia sentences Briton who it says fought for Ukraine to 13 years in a prison camp
    Ukrainian negotiators to meet US team on Friday, Saturday, Zelenskiy says
    Ukrainian negotiators to meet US team on Friday, Saturday, Zelenskiy says
    Court hearing adjourned in strangulation case involving UK's Duke of Marlborough
    Court hearing adjourned in strangulation case involving UK's Duke of Marlborough
    Ukraine says 180,000 consumers were left without power after Russian overnight attack
    Ukraine says 180,000 consumers were left without power after Russian overnight attack
    China says it is granting new, streamlined rare earth export licences
    China says it is granting new, streamlined rare earth export licences
    Romania to raise minimum wage by 6.8% from July
    Romania to raise minimum wage by 6.8% from July
    Coinbase appoints UK ex-finance minister George Osborne to run advisory council
    Coinbase appoints UK ex-finance minister George Osborne to run advisory council
    EU must reform or risk irrelevance, Blair and Dimon say
    EU must reform or risk irrelevance, Blair and Dimon say
    Russian attack on Ukraine's central Cherkasy injures six, causes blackouts, governor says
    Russian attack on Ukraine's central Cherkasy injures six, causes blackouts, governor says
    Europe's auto industry future may be electric even after EU climbdown
    Europe's auto industry future may be electric even after EU climbdown

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    More from Headlines

    Explore more articles in the Headlines category

    Factbox-Can Ukraine survive without the EU's 'reparation loan'?

    Factbox-Can Ukraine survive without the EU's 'reparation loan'?

    EU leaders face crunch decision on using frozen Russian assets for Ukraine

    EU leaders face crunch decision on using frozen Russian assets for Ukraine

    Analysis-Return of 'Make Europe Great Again' trades hinges on German comeback

    Analysis-Return of 'Make Europe Great Again' trades hinges on German comeback

    Belarus' Lukashenko says US admission of failure to overturn re-election could revive relations

    Belarus' Lukashenko says US admission of failure to overturn re-election could revive relations

    Ukrainian drones kill three people in Russia's Rostov region, authorities say

    Ukrainian drones kill three people in Russia's Rostov region, authorities say

    Shares in South Korea's LGES drop more than 7% after Ford cancels EV battery deal

    Shares in South Korea's LGES drop more than 7% after Ford cancels EV battery deal

    Factbox-What we know about the shooting victims at Sydney's Bondi Beach Jewish event

    Factbox-What we know about the shooting victims at Sydney's Bondi Beach Jewish event

    Australia promises new hate laws as youngest Bondi Beach shooting victim is laid to rest

    Australia promises new hate laws as youngest Bondi Beach shooting victim is laid to rest

    UN, aid groups warn Gaza operations at risk from Israel impediments

    UN, aid groups warn Gaza operations at risk from Israel impediments

    IMF says Moldova's economy has unique growth opportunity, but reforms needed

    IMF says Moldova's economy has unique growth opportunity, but reforms needed

    UK firm Awendio Solaris plans $725 million solar plant with indigenous groups in Canada

    UK firm Awendio Solaris plans $725 million solar plant with indigenous groups in Canada

    AbbVie, several other pharma companies near MFN deal with Trump, sources say

    AbbVie, several other pharma companies near MFN deal with Trump, sources say

    View All Headlines Posts
    Previous Headlines PostAI set to transform global trade, says World Trade Organization report
    Next Headlines PostLilly gets a boost from new weight-loss pill data as it weighs speedier approval in US