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 > Top Stories > EU says it may not be possible to cross finish line on Iran nuclear deal
    Top Stories

    EU says it may not be possible to cross finish line on Iran nuclear deal

    EU says it may not be possible to cross finish line on Iran nuclear deal

    Published by Jessica Weisman-Pitts

    Posted on July 1, 2022

    Featured image for article about Top Stories

    By Arshad Mohammed and Michelle Nichols

    UNITED NATIONS (Reuters) – Senior Western officials voiced doubts about reviving the 2015 Iran nuclear deal on Thursday, with the European Union saying it “might not make it over the finishing line” and a U.S. official saying the odds had lengthened after this week’s failed talks.

    The U.N. Security Council met to discuss Iran one day after indirect U.S.-Iran talks ended in Doha with no sign of progress on resurrecting the pact under which Tehran limited its nuclear program in return for relief from U.S., U.N. and EU sanctions.

    “I am concerned that we might not make it over the finishing line. My message is: Seize this opportunity to conclude the deal, based on the text that is on the table,” European Union Ambassador to the United Nations Olof Skoog said.

    The EU coordinates the talks on resurrecting the agreement, which then U.S. President Donald Trump reneged on in 2018 and restored harsh U.S. sanctions on Iran, prompting Tehran to start violating its nuclear restrictions about a year later.

    “The prospects for a deal after Doha are worse than they were before Doha and they will be getting worse by the day,” the senior U.S. official told Reuters on condition of anonymity.

    “You could describe Doha at best as treading water, at worst as moving backwards. But at this point treading water is for all practical purposes moving backwards,” he added.

    The Security Council met to discuss the latest report by U.N. Secretary-General Antonio Guterres on the implementation of a 2015 council resolution that enshrines the nuclear deal, formally called the Joint Comprehensive Plan of Action (JCPOA).

    U.S., British and French diplomats all placed the onus on Iran for the failure to revive the agreement after more than a year of negotiations.

    Iran “should urgently take this deal – there will not be a better one,” Britain’s U.N. Ambassador Barbara Woodward said.

    “Iran has yet to demonstrate any real urgency to conclude a deal, end the current nuclear crisis and achieve important sanctions lifting,” Richard Mills, Deputy U.S. Ambassador to the United Nations, told the meeting.

    “Not only has Iran not taken up the offer on the table, but it also added yet more issues which fall outside the JCPOA with maximalist and unrealistic demands,” French U.N. Ambassador Nicolas de Riviere said.

    Iran, however, described the latest talks as “serious and positive” and said it was ready to strike an agreement.

    “Iran has demanded verifiable and objective guarantees from the U.S. that JCPOA will not be torpedoed again, that the U.S. will not violate its obligations again, and that sanctions will not be re-imposed under other pretexts or designations,” Iran’s U.N. Ambassador Majid Takht Ravanchi told the council.

    The senior U.S. official disputed Tehran’s argument that Washington was to blame for the lack of progress, saying the United States had responded positively to proposed EU changes to the draft text of an agreement reached in wider talks in March while Iran had failed to respond to those proposals.

    “Their vague demands, reopening of settled issues, and requests clearly unrelated to the JCPOA all suggests to us … that the real discussion that has to take place is (not) between Iran and the U.S. to resolve remaining differences. It is between Iran and Iran ,” the senior U.S. official said.

    “At this point, I am not sure if they (the Iranians) know what more they want. They didn’t come to Doha with specifics,” he added.

    However, Chinese and Russian diplomats faulted the United States, with Beijing’s representative urging Washington to ease unilateral U.S. sanctions on Iran and Russia’s calling for all sides to show flexibility.

    (Reporting By Michelle Nichols at the United Nations and Arshad Mohammed in Washington; Editing by Mark Heinrich, Grant McCool and Daniel Wallis)

    Related Posts
    Inside the World’s First Collection Industry Conglomerate: PCA Global’s Platform Strategy
    Inside the World’s First Collection Industry Conglomerate: PCA Global’s Platform Strategy
    Chase Buchanan Private Wealth Management Highlights Key Autumn 2025 Budget Takeaways for Expats
    Chase Buchanan Private Wealth Management Highlights Key Autumn 2025 Budget Takeaways for Expats
    PayLaju Strengthens Its Position as Malaysia’s Trusted Interest-Free Sharia-Compliant Loan Provider
    PayLaju Strengthens Its Position as Malaysia’s Trusted Interest-Free Sharia-Compliant Loan Provider
    A Notable Update for Employee Health Benefits:
    A Notable Update for Employee Health Benefits:
    Creating Equity Between Walls: How Mohak Chauhan is Using Engineering, Finance, and Community Vision to Reengineer Affordable Housing
    Creating Equity Between Walls: How Mohak Chauhan is Using Engineering, Finance, and Community Vision to Reengineer Affordable Housing
    Upcoming Book on Real Estate Investing: Harvard Grace Capital Founder Stewart Heath’s Puts Lessons in Print
    Upcoming Book on Real Estate Investing: Harvard Grace Capital Founder Stewart Heath’s Puts Lessons in Print
    ELECTIVA MARKS A LANDMARK FIRST YEAR WITH MAJOR SENIOR APPOINTMENTS AND EXPANSION MILESTONES
    ELECTIVA MARKS A LANDMARK FIRST YEAR WITH MAJOR SENIOR APPOINTMENTS AND EXPANSION MILESTONES
    Hebbia Processes One Billion Pages as Financial Institutions Deploy AI Infrastructure at Unprecedented Scale
    Hebbia Processes One Billion Pages as Financial Institutions Deploy AI Infrastructure at Unprecedented Scale
    Beyond Governance Fatigue: Making ESG Integration Work in Financial Markets
    Beyond Governance Fatigue: Making ESG Integration Work in Financial Markets
    Why I-9 Verification Matters for Financial Institutions: Building a Culture of Compliance and Trust
    Why I-9 Verification Matters for Financial Institutions: Building a Culture of Compliance and Trust
    Curvestone AI partners with The White Rose Finance Group to enhance compliance file reviews
    Curvestone AI partners with The White Rose Finance Group to enhance compliance file reviews
    LinkedIn Influence in 2025: Insights from Stevo Jokic on Building Authority and Trust
    LinkedIn Influence in 2025: Insights from Stevo Jokic on Building Authority and Trust

    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 Top Stories

    Explore more articles in the Top Stories category

    Should You Take the Dealer’s Bike Insurance or Buy Online Yourself? Here’s the Real Difference

    Should You Take the Dealer’s Bike Insurance or Buy Online Yourself? Here’s the Real Difference

    ID-Pal Unveils ID-Detect Enhancements to Counter Surge in Digital Manipulation and Deepfakes

    ID-Pal Unveils ID-Detect Enhancements to Counter Surge in Digital Manipulation and Deepfakes

    TRUST TAKES THE LEAD: HALF OF UK SHOPPERS HAVE ABANDONED ONLINE PURCHASES OVER SECURITY CONCERNS

    TRUST TAKES THE LEAD: HALF OF UK SHOPPERS HAVE ABANDONED ONLINE PURCHASES OVER SECURITY CONCERNS

    Why Choose Premium Driver Service in Miami Over Rideshare Apps for Business Travel and Special Events?

    Why Choose Premium Driver Service in Miami Over Rideshare Apps for Business Travel and Special Events?

    Over 30 Million Users Benefit From Ant International’s Bettr Credit Tech Solutions

    Over 30 Million Users Benefit From Ant International’s Bettr Credit Tech Solutions

    Side-Hustle Economics: How Part-Time Service Work Can Strengthen Your Financial Plan

    Side-Hustle Economics: How Part-Time Service Work Can Strengthen Your Financial Plan

    London to Host Major Summit on “New Horizons” for Islamic Economy in the UK

    London to Host Major Summit on “New Horizons” for Islamic Economy in the UK

    BLOXX Launches World’s First Home Equity Subscription, Creating a New Residential Asset Class

    BLOXX Launches World’s First Home Equity Subscription, Creating a New Residential Asset Class

    LiaFi Addresses Gap Between Business Transaction and Savings Accounts

    LiaFi Addresses Gap Between Business Transaction and Savings Accounts

    Ant Group Chairman Eric Jing Outlines Strategy for Inclusive AI, Collaboration on Tokenised Settlement

    Ant Group Chairman Eric Jing Outlines Strategy for Inclusive AI, Collaboration on Tokenised Settlement

    Deeply Cultivating the Syndicated Loan and Cross-Border Financing Fields: Empowering Chinese Banks’ Global Expansion with Professional Excellence

    Deeply Cultivating the Syndicated Loan and Cross-Border Financing Fields: Empowering Chinese Banks’ Global Expansion with Professional Excellence

    Ant International’s Antom Launches AI‑Powered MSME App for Finance and Business Operations

    Ant International’s Antom Launches AI‑Powered MSME App for Finance and Business Operations

    View All Top Stories Posts
    Previous Top Stories PostEU agrees rules to tame ‘Wild West’ crypto market
    Next Top Stories PostMSCI global stock index has biggest first-half drop on record